The People’s Committee in the central province of Ha Tinh has tasked the management board of Vung Ang Economic Zone (EZ) to work with departments of Planning and Investment, and Transport to study a Taiwanese company’s proposal of building seven wharfs at Vung Ang seaport at the economic zone, said the committee yesterday.

In a document sent to the committee previously, Taiwanese Wei Yu Engineering Company proposed to build wharfs 5, 6, 7, 8, 9, 10, 11 together with specialized equipment at Vung Ang seaport, Ky Anh district.

These seven wharfs can receive bulk cargo vessels with loading capacity of 50,000 tons.

Total investment capital is expected to approximate US$1.5 billion and the project will be implemented within 70 years.

In the first phase, the investor will recruit 50 foreigners and 500 Vietnamese workers. The second phase will have 250 foreigners and 20,000 Vietnamese.

Wharfs 5, 6, 7 and 8 will have a capacity of 1.2 million TEU a year to meet increasing goods volume at the Vung Ang EZ. Wharf 9 can serve two million tons of bulk cargo a year.

Wharf 10 will receive about six million tons of coal a year for thermal power plants at wharfs 1, 2, 3 and 4.  Besides, coal vessels of 5,000-20,000 tons can load cargo at wharf 11 to supply thermal power plants in the northern region.