Under the proposal, Itochu will invest US$160m to construct two container berths, with the Vietnamese government investing US$260m in further infrastructure.
If developed, Lach Huyen would be the largest port in the north of the country, comprising 11 berths with an annual capacity of 35m tonnes.
“Vinalines is very interested in working with Japanese port investors in order to learn about the development and operation of deep-water seaports,” said Vinalines chairman Duong Chi Dung.
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