5:02 PM, 16/10/2012
Draft agreements for river dredging project ratified
VGP – The PM has approved the draft official development assistance agreement and the credit agreement for the Soai Rap Dredging Project phase II.
The Soai Rap River dredging scheme encompassing Tien Giang, Long An, Ho Chi Minh City and Ba Ria-Vung Tau is expected to help replace inner-city seaports along the Saigon River by outlying ones, thus meeting rising demand for cargo transport in the city.
The construction of the dredging scheme is divided into three phases. The first phase will dredge the river to a depth of 9.5 meters for handling ships of 30,000 to 50,000 tons. The second and third phase will dredge to a respective depth of 11 and 12 meters for ships with 50,000-70,000 tons and over 70,000 tons.
By Thuy Dung
