DP World to Open New Terminal 
in Vietnam in October

DUBAI - Global marine terminal operator DP World has set October 1, 2009, as the date of the official inauguration of its state-of-the-art Saigon Premier Container Terminal, or SPCT. A joint venture between DP World and Vietnam’s IPC, SPCT is located on the Soai Rap River 15 kilometres from Ho Chi Minh City.

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Published: Thu 23 Jul 2009, 12:56 AM

Last updated: Sun 5 Apr 2015, 9:39 PM

The region’s second fastest growing economy, Vietnam has seen an average annual growth of 7.1 per cent since 2000. While Ho Chi Minh City is currently served by various port facilities along the Dong Nai and Saigon rivers, several terminals on the Saigon River are slated for progressive closure over the next several years.Close to Ho Chi Minh City’s industrial hinterland, SPCT will handle cargo that currently moves through these ports, while attracting new volumes.

Peter Wong, Senior Vice-President & Managing Director, Asia Region, said: “SPCT is strategically placed to service not only Ho Chi Minh City but also the surrounding industrial zone.”

Glen Hilton, Vice President & Managing Director, DP World SE Asia Region, said: “With 500 metres of wharf and five cranes in Phase I, SPCT can easily handle the largest vessels currently calling at Ho Chi Minh City.”

business@khaleejtimes.com


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