The project is 450 metres in length, with a total investment of more than VND 2.1 trillion (US$92.4 million), with the construction work projected to take 18 months.
Following completion, the wharf area, with a designed capacity of 5 million tonnes per year, can receive ships of up to 70,000 tonnes.
The Phoenix wharfs are expected to help to connect the Vung Ang economic zone with the domestic and international marine transport system.
Addressing the ceremony, Vice Chairman of the provincial People’s Committee Duong Tat Thang asked the investor to ensure the project progress and quality.
He also asked the relevant departments and localities to create favourable conditions for the investor to complete the project on schedule.
On the occasion, General Director of Phoenix Vung Ang Vietnam Co.,Ltd Liweimin gave financial support worth VND 200 million (US$8,800) to Ky Anh town, which was affected by the last typhoon No.10.
