- APM Terminals, the port operating unit of A.P. Moller-Maersk, signed a memorandum of understanding with Hateco in Copenhagen to develop a plan for a rail freight terminal in Haiphong.
- The proposed network totals $3.5 billion and includes three other rail freight facilities in northern Vietnam provinces, per Hateco's statement.
- The agreement was announced during Vietnamese President To Lam's official visit to Denmark.
- The memorandum is a planning agreement; the body does not disclose a final investment decision, construction timeline, or financing terms.
Quotes
“aims to connect industrial parks, logistics hubs and production zones with major transport hubs”