Consortium proposes $2bn port development in Vietnam

A consortium consisting of Vietnamese State Capital Investment Corporation (SCIC), Hanoi-based Geleximco Group, and Ho Chi Minh City-based International Transportation and Trading (ITC) plans to build a cargo port in Ba Ria in southern Vietnam. The cargo port, with an estimated cost of VND 50.82trn ($2bn), will be done in two phases. According to the …

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