90% work on Phu Quoc International Passenger Port completed in Vietnam

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Leaders of contractor Portcoast have announced that about 90% of the workload on Phu Quoc International Passenger Port has been completed in Vietnam.

Phu Quoc has significant potential as a leisure voyage destination, with 19 passenger ship companies operating 34 vessels on 113 tours connecting Singapore, Thailand, Vietnam, and Northeast Asian nations. The Phu Quoc International Passenger Port can handle high-tonnage charter and cruise ships, expected to drive socio-economic development in the area. The project's estimated cost is VND1.645 trillion (US$71.6 million), with VND647 billion (US$28.1 million) from the local budget and the remaining VND493.4 billion (US$21.45 million) funded by Phu Quoc Tourism Development and Investment JSC through a BOT contract. The project's completion within the Q3 of 2021 is prompting engineers and construction workers to swiftly finalize the remaining components, including marine signaling devices.

The port in Duong Dong Town spans 180 ha and features a 240-m wharf, a 1,004-m bridge connecting the wharf to the beach, an 850-m breakwater, a passenger terminal, and essential facilities. It is designed to accommodate international liners with 5,000-6,000 passengers, as well as cargo vessels and defense ships.

List of the country updates

Country updates

  • May 13, 2021

    Vietnam to proceed with Ring Road No.4 PPP

    Hanoi Party Committee in Vietnam has launched plans to build a 98-kilometer long ring road No. 4, which will connect three northern provinces of Hanoi, Hung Yen, and Bac Ninh in Vietnam. The...

    Read more
  • May 11, 2021

    Winner announced for section of the North-South expressway PPP project

    The Public-Private Partnership Department under the Ministry of Transport (MoT) has selected Son Hai Corporation as a winning contractor for the North-South expressway sub-project section Nha Tra...

    Read more
  • April 26, 2021

    Eni completes acquisition of Block 115 in Vietnam

    Eni, through its affiliate Eni Vietnam, has completed the acquisition from Krisenergy (Vietnam 115) Ltd. of a 100% participating interest and the operatorship in Block 115/09, offshore central Vietnam...

    Read more
  • March 04, 2021

    Investors announced for Metro line 5 PPP in Ho Chi Minh City

    Urban Railways of Ho Chi Minh City (MAUR) has announced investors and consultants for the Metro line 5 project in the city. The Kemix group is financing the pre-feasibility study for the project. This...

    Read more
  • February 18, 2021

    Vietnam launches Tan Phu-Dong Nai expressway PPP concession

    The government of Vietnam has announced plans to launch the Tan Phu-Dong Nai expressway PPP concession. The 67 km long four-lane expressway will be part of the Dau Giay-Lien Khuong expressway. The pro...

    Read more

Share this update