Gia Lai is a province in the Central Highlands of Vietnam. Following the merger, the new Gia Lai province has a natural area of over 21,550 sq. km, making it the second-largest province in the country.
Recently, the Gia Lai People’s Committee approved the investment policy and selected the investor for the construction of Phu My Port – Phase 1, with a total investment of over VND 6,086 billion. The investor’s equity accounts for 15% of the investment (over VND 912 billion), and the remaining capital will be mobilized from credit institutions.
This project is developed by Phu My Investment Group Joint Stock Company, headquartered in Hoai Thanh Street, An Phuoc Ward, Quy Nhon City, Gia Lai Province.
Phu My Port – Phase 1 is located in Phu My Dong Commune, Gia Lai, covering an area of approximately 205 hectares, including 60 hectares of land and 145 hectares of seawater.
The initial phase of the project includes land reclamation, construction of a nearly 1.7 km long seawall, and a 2 km long wave-breaking dam.
The project also involves building two cargo terminals for general cargo, processed goods from Phu My Industrial Park, and serving the local socio-economic development. The port will be capable of accommodating vessels with a capacity of 100,000 to 150,000 tons.
The port area will be reclaimed using excavated material, spanning 60 hectares. Additionally, a 300-meter-long liquid cargo terminal will be constructed to receive vessels with a capacity of 100,000 to 150,000 tons.
Furthermore, the project entails investing in warehouses and yards for general and bulk cargo, including containers, along with traffic organization through two connecting roads to the planned route of Phu My Industrial Park – Phase 1.
Planned area of Phu My Seaport (Phu My Dong Commune, Gia Lai)
The construction of the port aims to facilitate the loading and unloading of general cargo, liquid cargo, and processed goods from the Phu My Industrial Park, thereby meeting the local socio-economic development’s transportation needs.
The Phu My Industrial Park and Phu My Port are organically linked, with the port’s operations closely tied to the industrial park. This integration ensures efficient production and cargo transportation from the park.
Additionally, the port promotes regional connectivity, enhances maritime logistics, and acts as a catalyst for the formation of an industrial-port city.
By 2030, the cargo throughput of Phu My Port is expected to reach approximately 3.8 – 4.4 million tons per year, including liquid cargo, general cargo, containers, equipment, bulk cargo, and specialized energy equipment.
From 2028 onwards, the expected capacity will reach 2.4 – 3.0 million tons per year for general cargo and containers and about 1.4 million tons per year for liquid/gas cargo.
The construction is scheduled to commence in September 2026, with the completion and handover for operation expected in October 2028. The project has a lifespan of 50 years.
According to the new plan, the estimated investment demand for the entire Vietnamese seaport system by 2030 is approximately VND 359,500 billion. This includes VND 72,800 billion for public maritime infrastructure and VND 286,700 billion for cargo handling business ports.
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