Adani Ports and Special Economic Zone Ltd (APSEZ) has announced its plans to develop a greenfield port in Da Nang, Vietnam, marking a significant expansion of its international footprint. The project, which has received in-principle approval from the Vietnamese government, will feature state-of-the-art container terminals and multipurpose berths designed to handle a diverse range of cargo.
According to APSEZ Managing Director Karan Adani, the company is committed to investing in strategic locations that offer strong growth potential. “Our expansion into Vietnam is a testament to our confidence in the country’s economic prospects and our desire to play a key role in supporting its growth,” he said.
The development of the port in Da Nang is expected to significantly enhance trade between India and Vietnam, which has been growing steadily in recent years. The project will also generate employment opportunities, stimulate local economic growth, and provide a boost to regional trade.
APSEZ is India’s largest private ports and logistics company, with a significant presence across 13 domestic ports and terminals. The company has been expanding its international presence, with investments in ports and logistics infrastructure in Sri Lanka, Myanmar, and other countries.
This latest development demonstrates APSEZ’s commitment to developing world-class infrastructure that supports the growth of global trade. With its expertise and resources, the company is well-positioned to play a key role in the growth of Vietnam’s trade and economy.
