Covering an area of 450 ha, the project has a total investment of 3.4 trillion VND (over 144.5 million USD).
The items include dykes and breakwaters, wharf areas, and technical infrastructure capable of accommodating ships with tonnages of up to 100,000 tonnes, and 6,000 - 8,000 TEUs container vessels.
According to the Japan International Cooperation Agency (JICA), the Lien Chieu Port completely meets conditions to be developed into an international port of the same size with Tan Cang Port in Ho Chi Minh City and Lach Huyen Port in Hai Phong.
President Nguyen Xuan Phuc asks the municipal authorities, investors and relevant parties to ensure the schedule of the project. (Photo: VNA)
Speaking at the ceremony, President Phuc highlighted the importance of the project, saying that it is a vital component of the Da Nang Port.
The project’s commence is a concrete step to realise strategic goals in the Politburo's Resolution on building and developing Da Nang city toward 2030, with a vision to 2045, he said.
Lien Chieu Port will be a creative breakthrough not only for the transport and logistics industry but also the tourism and service sectors in Da Nang, President Phuc said.
He also underlined the need to apply modern technologies, especially automation and digital technologies in managing and exploiting the port, aiming to build a "green port" model in the future.
He asked the municipal authorities, investors and relevant parties to ensure the schedule of the project, towards putting it into use in 2025, noting that measures should be taken to attract goods sources in Southeast Asia and the world to the port.