PSA Vietnam, LHF partner to develop four deep-sea berths at Lach Huyen Port
It will have an annual handling capacity of 4.5 million TEUs.
PSA Vietnam (PSA) and Lach Huyen International Logistics & Industrial Park (LHF) have signed an agreement for PSA to invest in Lach Huyen Port Investment Joint Stock Company (LHP) to jointly develop and operate four deep-sea container berths at Lach Huyen Port in Hai Phong.
The project will have an annual handling capacity of 4.5 million twenty-foot equivalent units (TEUs) and will strengthen PSA's port and logistics network in North Vietnam.
The development will also complement PSA's existing inland container depot facilities in Bac Ninh, creating an integrated logistics network that connects inland cargo hubs with international shipping routes and supports end-to-end multimodal logistics services.
Construction of the first two berths is set to begin by the end of 2026 and is expected to be completed in 2028.
The remaining two berths will be developed in a second phase, with full completion targeted by 2035.