Enterprises invest 700 billion VND in coal warehouses, meeting import-export potential of 500 million tons

Coal washing area after mining at Sekong coal mine (Laos) - Photo: HOANG TAO

On September 7, the Office of the People's Committee of Quang Tri province said that Chairman of the People's Committee Vo Van Hung had just signed a decision approving the investment policy and approving the investor for the project of a warehouse for goods gathering in A Deng village (A Ngo commune, Dakrong district).

Accordingly, Nam Tien Company Limited, headquartered in Thai Nguyen City (Thai Nguyen Province) was approved as the investor of the above project, with a total capital of 715 billion VND.

The project will build a warehouse for goods gathering in A Deng village with an area of ​​about 12.5 hectares, ensuring synchronous reception, storage and transportation of coal in the conveyor system transporting coal from Laos to Vietnam, with a circulation capacity of about 30 million tons/year.

The coal storage project is divided into 2 phases, each phase has 15 million tons/year. Phase 1 is expected to be operational in the 4th quarter of 2025.

Nam Tien Company operates mainly in the fields of ore mining, ore and coal import and export, etc. In the project proposal document sent to Quang Tri province, the company said it has a project on coal mining and management in Sekong and Salavan provinces (Laos).

Coal trucks by road from Laos to Vietnam – Photo: HOANG TAO

Currently, the coal consumption market in Laos is still low, most of the coal products exploited by the company are consumed in the Vietnamese market and exported.

To export coal to Vietnam, it is necessary to transport it by road from the mine through the La Lay international border gate (Dakrong district) and to the seaports. Therefore, investing in building a warehouse for goods gathering in Quang Tri province is extremely necessary.

According to the Department of Planning and Investment, the volume of coal imported from Laos to Vietnam is currently very large, at its peak reaching 12,000 tons/day, with about 500 trucks.

However, the border gate area on both sides of Vietnam - Laos is not large, there is no cargo staging area, the infrastructure has degraded, so there are often prolonged traffic jams, posing many potential risks to traffic safety, environmental sanitation and greatly affecting traffic flow at the La Lay international border gate area.

In addition, the potential for coal import and export between the two countries is huge, possibly reaching 500 million tons in the next 50 years.

The Department also agreed that investing in building a warehouse in the La Lay area to serve the gathering and transportation of coal is very necessary.

Nam Tien Company has coal mining activities at Sekong coal mine - Photo: HOANG TAO

In July 2024, Quang Tri province also approved the project to build a conveyor system to transport coal from Laos to Vietnam, with a total investment of nearly 1,500 billion VND. The investor of this conveyor project is also Nam Tien Company.

The project starts at the Vietnam - Laos border and ends at the warehouse in A Deng village - the project just granted above.

In 2023, Quang Tri imported 2.2 million tons of coal from Laos. However, the sudden increase in the number of trucks has caused the infrastructure at La Lay international border gate, National Highway 15D, the western branch of Ho Chi Minh Road and National Highway 9 to show signs of overload and degradation.

Source: https://tuoitre.vn/doanh-nghiep-dau-tu-kho-bai-than-700-ti-dong-dap-ung-tiem-nang-xuat-nhap-khau-500-trieu-tan-20240907115706551.htm