The company is a VND 1 trillion investment by the Ha Tinh Port Company, Vientiane Petroleum Company and Transport Company of Laos.
Located on the East-West economic corridor linking with Laos and northeastern Thailand, the company manages and exploits two wharves at 13m-deep , which is capable of receiving 50,000 DWT ships along with 1.5 million tonnes of cargo each year.
With 300 officials in hand, the company is also able to handle 6,000 to 8,000 tonnes of cargo every day.
The establishment of the company will facilitate Lao businesses’ import-export and increase the amount of cargo via the port, in line with the country’s policy of developing marine-based economy in the future.
(VNA)