Van Nam
Cargo containers are being handled at Cat Lai Port in HCMC's District 2 - Photo: Van Nam
While many seaports in Vietnam have seen their business operations slumping in recent years, Saigon Newport has still decided to invest in building more warehouses and wharfs to prepare for the development of the local freight transport market in the years to come.
Saigon Newport on Tuesday formally established SNP Logistics Center and SNP Road Transport Company as its new subsidiaries to operate warehousing and logistics facilities.
The Inland Clearance Depot (ICD) Newport – Long Binh in the southern province of Dong Nai now is expanding a warehousing system by 18,000 square meters while Cat Lai Port will construct a three-level container freight station on a total area of more than 20,000 square meters, said Nguyen Nang Toan, director of SNP Logistics Center.
Similarly, SNP Logistics Center will continue to develop an ICD warehousing system on a combined 200,000 square meters in the northern coastal city of Haiphong next year. The warehousing expansion is to meet rising commodity storage demand from customers.
The parent firm Saigon Newport reported total cargo throughput of 3.5 million twenty-foot-equivalent units (TEUs) in 2012, achieving total revenue of VND6.4 trillion, growing 14% year-on-year. In this year’s six-month period, total throughput of cargo handled by Cat Lai Port alone marked up over 10% over the same period in 2012.
At present, warehousing areas of Saigon Newport total nearly 500,000 square meters, including container freight stations and bonded warehouses. The company holds up to around 85% of the southern import-export container market and roughly 50% of the whole local market.
Nguyen Dang Nghiem, general director of Saigon Newport, informed his enterprise would inaugurate a 260-meter quay at Cat Lai Port at the end of this month, thus extending the total length to more than 1,500 meters in the port.
The other subsidiary, SNP Road Transport Company, has total chartered capital of VND60 billion, with 70% contributed by the parent company. The newly-established firm specializes in transporting commodities by road, exploiting warehouses and making new containers.
With the two new subsidiaries, Saigon Newport expects cargo transport between Vietnam and other neighboring nations like Laos and Cambodia will develop vigorously in the near future, Nghiem said.
Đăng ký: VietNam News
