Signing Ceremony for the Investment Credit Loan Agreement for Hon La International General Port Project

23/07/2025 12:07

Recently, in Dong Hoi City, the Quang Binh Branch of the Vietnam Development Bank (VDB) and Hon La Port Joint Stock Company held a signing ceremony for a state investment credit loan agreement to finance the Hon La International General Port Project. The event was attended by executive leaders from both parties.

 The Hon La International General Port Project has a total investment of Vietnamese Dong 2,299 billion and covers an area of 39.22 hectares. The project is divided into two phases. The first phase involves the construction of Berth No. 1 (230 meters in length) and Berth No. 2 (240 meters in length), capable of accommodating general cargo vessels of up to 50,000 DWT and bulk carriers of up to 70,000 DWT. During the second phase the construction of Berth No. 3 (240 meters) and Berth No. 4 (260 meters) will be designed to handle vessels up to 70,000 DWT.

During Phase 1, the port is expected to handle 3 million tons of cargo annually, increasing to 6 million tons per year upon completion of Phase 2.
The Hon La International General Port is a key infrastructure project of Quang Binh Province. It is designed to support the Hon La Economic Zone and other industrial zones across the province, while also serving as a transshipment hub for goods from the Lao People’s Democratic Republic and Northeastern Thailand via Hon La Port. More than that, the port will be capable of receiving international passenger ships. 
Construction of the project is planned in two phases. Phase 1 is scheduled to take place from the first quarter of 2025 through the end of the fourth quarter of 2026. Phase 2 will follow, with implementation planned from 2027 to 2029.
The Vietnam Development Bank has approved a loan of VND 818.651 billion for Hon La Port Joint Stock Company to finance Phase 1 of the project, with a loan term of 20 years./.
 



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