The Netherlands’ APM Terminals and Vietnam’s Hateco Group have signed an agreement with Da Nang City to develop, build and operate a new terminal in Da Nang, the Lien Chieu Container Port. The groundbreaking ceremony of the project took place on 25 April 2026.
The agreement includes an estimated investment of over US$1.7 billion to deliver a terminal with an expected handling capacity of more than 5.7 million TEUs per year, starting with berths one and two (Phase 1), followed by the expansion of berths three to eight.
The two companies will build on the shared infrastructure developed by Da Nang City to invest in the civil infrastructure and equipment, with the aim of commencing operations in early 2029.
“This project will support the development of Da Nang as a high-performing gateway for central Vietnam’s growing trade flows, underpinned by targeted investment in modern port infrastructure and capabilities that enable long-term economic growth,” said Keith Svendsen, CEO of APM Terminals.
“By combining APM Terminals’ operating discipline with Hateco’s local expertise, we are establishing a platform that improves the efficiency and reliability of trade, strengthening connectivity across Vietnam and into neighbouring markets, including Laos, Cambodia, eastern Thailand and Myanmar.”
According to APM Terminals, the project is aligned with Vietnam’s National Strategy for Logistics Development and Vietnam’s Seaport Development Plan, which identify Da Nang as one of four strategically prioritised logistic centres. Part of the city’s vision is to develop a port that can complement a complete logistics ecosystem to attract international trade and investment.
“The partnership between Hateco Group and APM Terminals has proven to create strong results for the Vietnamese port development. We firmly believe that with our investments and the combination of local and global expertise, we can accelerate the port development of Da Nang as a central economic hub and grow the region’s economic potential,” said Tran Van Ky, chairman of Hateco Group.
At full capacity, the Lien Chieu Container Port complex will have a deep-water berth with up to eight container berths, barge vessels, container yards, as well as links to warehouses, rail networks, industrial parks and the Da Nang Free Trade Zone. Serving as central Vietnam’s only deep-sea terminal, it will be able to accommodate vessels of up to 18,000 TEUs.
All images: APM Terminals
