Summary of Proposed Investment
Project Number
29521
Company Name
CAI LAN INTERNATIONAL CONTAINER TERMINAL LLC
Date SPI Disclosed
Jul 26, 2010
Country
Viet Nam
Industry
Infrastructure
Projected Board Date
Aug 26, 2010
Status
Completed
Sector
Port and Harbor Operations
Department
Regional Industry - INF Asia & Pac
Environmental Category
B - Limited
Previous Events
Approved : Sep 17, 2010
Signed : Oct 26, 2010
Invested : Feb 24, 2011
Project Description
Cai Lan International Container Terminal LLC (“CICT”) is developing a new container terminal (the “Terminal”) within the Cai Lan Port in Quang Ninh Province in North Vietnam. The Terminal is expected to have a 594 meter berth, a 13 meter draft alongside the berth, four Panamax gantry cranes and supporting yard equipment, and a 25 hectare container yard. It would have 720,000 TEUs of handling capacity at completion. CICT will offer shipping lines significant cost savings by enabling the deployment of larger container ships which cannot call at the Hai Phong Port due to draft restrictions. This will provide much needed capacity to the market, improve Vietnam’s competitiveness and support the expected growth in Vietnamese exports.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Mr. Bob Watters, Board Member
Cai Lan International Container Terminal Limited Liability Company
No. 1, Cai Lan Road, Ha Long City, Quang Ninh, Vietnam
Tel: (84) 33 351-5655
Fax: (84) 33 351-5656
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384E Mail: Webmaster
Local Access of Project Documentation
CICT will make available for a public review the PortCoast Environmental Impact Assessment (EIA), the Environmental Resources Management (ERM) Gap analysis and CICT’s Environmental and Social Action Plan (ESAP) in a culturally acceptable manner and in the host country language at the headquarter office of Vietnam National Shipping Lines (Vinalines) located in the Ocean Park Building, 1 Dao Duy Anh Street, Dong Dai District, Hanoi, (contact person: Ms. Minh Nguyet).