Vietnam’s Baria Serece Port posted a record throughput of 4.6 million tons in 2011, making its management group confident about its business situation in 2012.
Nicaise Jean Louis, general director of the Serece Baria Joint Stock Company, said the port also felt the impact of the global economic downturn and the volatile energy prices last year, and was hampered as well by the vehicle traffic buildup due to the upgrading of National Road 51, said a report from the VPA Shipping Times.
To overcome these setbacks, the port, a French-Norwegian-Vietnamese private joint venture established in 1996 and located in Phu My in southern Vietnam, said that in 2011 it focused on infrastructure investment, service improvement, and market expansion to attract more customers.
Baria Serece Port has set a growth target of 10 percent for this year, which it plans to achieve by investing in infrastructure construction, procuring more equipment, especially a fifth quay crane, and conducting personnel training.
Photo courtesy of Baria Serece Port
