Seaport complex licensed in Quảng Ninh
A US$300 million project, consisting of a seaport and industrial park at the Đầm Nhà Mạc area in Quảng Yên town in the northern province of Quảng Ninh, was granted an operating licence on November 18. Investors of the project are the CDC Corporation, headquartered in the Cayman Islands, the Middle Utilities Company Pte Ltd of Singapore, and Infra Asia Investment Limited of Hong Kong. With a total investment of US$315.47 million, the 50-year project spans nearly 1,193 hectare of land and water surface across Tiền Phong, Liên Hòa, Liên Vị, and Phong Cốc communes.