FECON and Partners Secure a VND 1,000 Billion Contract for the My Thuy Port Project in Quang Tri Province
According to FECON, a consortium comprising FECON Joint Stock Company, Linh Ha Trading and Services Co., Ltd., and My Thuy International Port Joint Stock Company has recently signed a contract for Package XL3.2 worth nearly VND 1,000 billion for the My Thuy Port Project in Quang Tri Province.
Package XL3.2 includes the construction of eastern wave and sand breakwater items, which are essential for ensuring the safe and efficient operation of the port in the future.
Previously, FECON, in a joint venture with Long Hai One-Member Limited Liability Company, won two other important packages at this project. Package XL05 is worth nearly VND 200 billion, and the package for the construction of berths, dredging, and revetment behind berths 1 and 2 is worth over VND 650 billion.
Thus, FECON, leading the consortium with Long Hai and Linh Ha, is responsible for the construction of most of the project’s critical items, including berth structures, revetments behind berths, channel dredging, ship turning basins, water areas in front of berths 1 and 2, and common wave breaks. These items are key to accelerating the commercial operation of the port, ensuring the project’s completion, and putting My Thuy Port into operation by the end of 2025.
The total value of the three packages that FECON and the companies in the consortium are participating in the construction of has reached nearly VND 2,000 billion.
At present, the My Thuy Port Project has completed the construction of the casting yard and the site road and is carrying out two shifts a day to take full advantage of the favorable weather before the rainy season.
With a total investment of about VND 15,000 billion, the My Thuy Port Project is expected to include 10 berths, capable of receiving container ships, bulk carriers up to 100,000 tons, and LNG carriers up to 150,000 tons.
The project is classified as a Class I maritime work, falling within the framework of a national-level Class I port planning and serving as a strategic gateway for the Southeast Quang Tri Economic Zone – the East-West Economic Corridor connecting Laos, Thailand, and the East Sea.
The investor, My Thuy International Port Joint Stock Company, aims to transform the port into a multi-functional logistics center and a new gateway for import and export activities in Central Vietnam and the Mekong region.
In addition to the My Thuy Port, FECON has participated in many key port projects nationwide, including the recent Lach Huyen Port in Hai Phong, Baria Serece Port in Ba Ria – Vung Tau, and the previous foundation treatment for Hoa Phat Dung Quat Port, the general contractor for Vinh Tan Port in Dong Nai Province, among others.
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