Release Date: 02 August 2006
Release ID: 1017
Working in partnership, Saigon Port and APM Terminals will build a new container terminal to serve Vietnamís future in global commerce.
The Vietnam market, with its 83 million people, has over the recent years shown significant growth and untapped potential as a manufacturing site in Asia.
Ideally-located south of Ho Chi Minh City, the port of Cai Mep is one hour steaming time from the main shipping lane and offers 14 meters draft, allowing shipping lines to bring larger vessels into port.
Construction on the terminal is scheduled to begin later this year and opening is scheduled for mid 2009.
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