MY THUY INTERNATIONAL PORT JVC

ABSTRACT

MY THUY INTERNATIONAL PORT - THE BIGGEST SEAPORT IN CENTRAL VIETNAM

THE INTERNATIONAL PORT AND EPICENTER OF THE QUANG TRI SOUTHEAST ECONOMIC ZONE
MISSION

TO DEVELOP THE ECONOMY OF QUANG TRI AND OTHER PROVINCES IN THE NORTH CENTRAL REGION OF VIETNAM.

TO FORM AND DEVELOP A DEEPWATER PORT, TO HANDLE THE WORLD'S LARGEST VESSELS

THAT POWER VIETNAM'S FUTURE GROWTH, SERVICING SHIPS WITH TONNAGE UP TO 100,000 DWT.
MISSION

TO FACILITATE THE CREATION OF A NEW ECONOMIC AND LOGISTICS HUB IN CENTRAL VIETNAM

THE FULCRUM FOR THE NEXT STAGE OF ECONOMIC DEVELOPMENT FOR THE PROVINCE AND REGION
IMPROVING THE ECONOMY, IMPROVING LIVING STANDARDS

ENSURING STABLE LIVING CONDITIONS, A PATH OF PROSPERITY FOR THE LOCAL POPULATION
VIETNAM MEANS BUSINESS

PROMOTING THE EXCHANGE OF GOODS AMONG COUNTRIES IN THE MEKONG REGION.

UNLOCKING THE POTENTIAL OF CENTRAL VIETNAM EXPORT VOLUME, EXPANDING THE MARKET

FOR GOODS & SERVICES TO POTENTIAL MARKETS AROUND THE WORLD.

ABOUT US

"MY THUY INTERNATIONAL PORT JOINT VENTURE COMPANY" is a multi-industry company, which is formed on the basis of a Joint Venture between:

Development Investment Service Construction Vietnam Company Limited ("DISECO Vietnam");
Golden Gate Construction Company Limited ("GOLDEN GATE");
Daeyang Phil Industrial Construction Inc. ("Daeyang");

The key areas are in investment in projects, construction of civil and industrial projects, construction of railway and road works, construction of public works and specialized construction activities (ports and dykes), breakwaters, airport infrastructure, etc."

PORT DEVELOPMENT

CONSTRUCTION STAGE 1

Stage 1 (2020-2025): Construction of 4 general cargo berths for ships of up to 100,000 DWT. Including a cargo berth for loading and unloading machinery and equipment, for construction of domestic factories in the Southeast Economic Zone and the region.

CONSTRUCTION STAGE 2

Stage 2 (2026-2031): Construction of 3 more general cargo berths for ships of up to 100,000 DWT. Completion of the Southern breakwater and dredge open water for 3 additional berths.

CONSTRUCTION STAGE 3

Stage 3 (2032-2036): Construction of the last 3 berths for ships of up to 100,000 DWT. These 3 berths are designed for ships of up to 100,000 DWT in cargo handling. Completion of breakwaters and dredging for these additional berths.

My Thuy International Port plays a role as the biggest multipurpose seaport in Central Vietnam, a suitable key shipping hub for the future energy industry and gateway to global exports for regional producers.

FORECASTED DEMAND FOR CARGO TRANSPORT THROUGH MY THUY PORT GENERAL GOODS – BULK - CONTAINER (Tons)

12558000

2026

18360000

2032

24024000

2037

Cargo throughput is estimated to grow by an annual growth rate of 10%-30%.

REMARKS ABOUT THE PROJECT

“'With the establishment of My Thuy Port, Quang Tri will become the new transport hub for domestic and international business through the East-West Economic Corridor. Together with Quang Tri province’s support and guidance, My Thuy International Port Joint Venture Company will do our best to develop My Thuy Port into the new transport hub for Quang Tri province and Central Vietnam.

Together with Quang Tri province’s support and guidance, My Thuy International Port Joint Venture Company will do our best to make this project into reality, and develop My Thuy Port into the new transport hub for Quang Tri province and Central Vietnam.” Chairman - Jung Tae Sung
“My Thuy Port is the first international port development project in Vietnam to be a cooperative project between Korean investors and the Vietnamese government. It is my hope that My Thuy Port can be the symbol of Korean-Vietnamese economic cooperation” Korean Ambassador to Vietnam, Mr. Park Noh Wan
“I affirm that this is a dynamic and very important project of Quang Tri province, one that took 5 years of preparation…one that will be completed with the efforts of investors and the effective support of branches and local authorities of Quang Tri province” Secretary of the Dong Ha City Party Committee – Mr. Vo Van Hung