VNA reported that Vietnam Shipbuilding Industry Corporation is planning to invest more than VND 1,000 billion (USD 62.5 million) to upgrade Hon Gai Passenger Port in the northern province of Quang Ninh.

The upgrade, to be carried out according to international standards, will cover more than 5.4 hectare. There will be a 500 meter long quay capable of handling two ships at a time. When completed, Hon Gai port should be able to receive up to 5,000 passengers, 1,000 cars and 400 trucks a day.

The expansion project is a part of Vinashin’s plan to open a two way water transport route from Hon Gai to Chan May in the central province of Da Nang and South Sai Gon Port in Ho Chi Minh City.

The report added that so far, Vinashin has invested more than VND 325 billion (USD 20 million) in the project.