City OKs inland container depot

The HCM City People’s Committee has approved construction of an inland container depot (ICD) in suburban District 9.

The HCM City People’s Committee has approved construction of an inland container depot (ICD) in suburban District 9. — Photo reatimes.vn

To be built in public-private partnership mode, the 60ha ICD will cost around VND5.8 trillion (US$260 million) and be finished by 2019.

It will serve the relocation of enterprises operating in the Trường Thọ Port area in Thủ Đức District, which will mitigate traffic congestion and environmental pollution in the area.

The People’s Committee has identified Duc Khai Corporation, Tan Hoang Real Estate Joint Stock Company and Tam Bình Real Estate Joint Stock Company as the private sector partners.

The site is on Nguyen Xien Street, Long Bình Ward, which is only around 10m wide.

Fearing traffic jams there when the ICD opens, the People’s Committee has instructed the departments of Transport and Planning and Architecture and the District 9 administration to widen the street.

Vietnamnews

Other news

Most view

Fire destroys store in district 3, HCMC

Fire destroys store in district 3, HCMC

The fire started around 11pm last night at a store which is selling bags locating in Ban Co Street, District 3, Ho Chi Minh City.