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Vietnam Property Listing - rent House Villa - Expat Ho Chi Minh - office for lease
Main > Industrial > Chan May Economic Zone
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Our Ref. Numer: 241
Type: Industrial
Featured: No

In 1999 the government approved a USD$330 million project to develop the area into a deep water port under the Build Operate Transfer (BOT) initiative.

However, the project experienced difficulty in finding partners because of the significant investment involve, so in 2002 the Chan May Economic Trade Development Zone became the first port in the country to be declared a Border Economic Zone by the PM. Situated in Phu Loc District, the 398 hectare IP (100 hectare 1st phase) is 60km south of Hue in the centre of the Central Key Economic Region comprising Hue-Chan May-Da Nang-Dung Quat and is regarded as an ideal gateway linking central Vietnam and the Eastern Transport Corridor to Laos and northern Thailand; adjacent to the Thua Luu River to the west, and National Highway 1a to the south; about 5km from Chan May Deepwater Seaport, and 20km from Danang Port; and parallel with the north-south railway.

The IP is a part of the Chan May New Urban Area that includes a seaport, IP, commercial centre, housing and tourism areas. The USD$18 million seaport is 300m deep and capable of accommodating 30,000 DWT vessels.

Hits: 1991

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City/Province: Thua Thien-Hue

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The information contained herein is believed to be true but does not form part of any future contract. Although obtained from sources we deem reliabel, we assume no responsibility and no warranties are made or implied regarding any errors, omissions, prior sale or withdrawal from the market without notice and the purchaser will need to make their own enquiries and independent investigations as to the facts and suitability of the property for their intended use or purpose.
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