Work Starts on Hanoi’s Largest Inland Clearance Depot

2:55:04 PM | 16/5/2016

Deputy Prime Minister Truong Hoa Binh on May 15 launched work on the construction of Hanoi’s inland clearance depot - the largest one located in the capital.

The construction of the 47.2ha depot will be divided into two stages, with the first one covering 19.2ha and the second 28ha.

The first stage, costing nearly VND782 billion (US$35.5 million), is scheduled for completion in the fourth quarter of 2019. Once completed, it will be capable of handling 380,000 TEUS.

The second stage, worth VND1.78 trillion (US$81 million), is designed to handle 760,000 TEUs annually once it is completed in the fourth quarter of 2020.

The project is invested by Hanel One-member Co Ltd and Lang Ha Tower Co Ltd.

The depot will provide hi-tech logistics, support, storage and distributions services for economic and industrial zones in the east of Hanoi and adjacent provinces, said General Director of Hanel Nguyen Quoc Binh.
NDO/VNA