Cai Lan International Container Terminal, LLC

completed

Cai Lan International Container Terminal LLC (“CICT”) is developing a new container terminal (the “Terminal”) within the Cai Lan Port in Quang Ninh Province in North Vietnam. The Terminal is expected to have a 594 meter berth, a 13 meter draft alongside the berth, four Panamax gantry cranes and supporting yard equipment, and a 25 hectare container yard. It would have 720,000 TEUs of handling capacity at completion. CICT will offer shipping lines significant cost savings by enabling the deployment of larger container ships which cannot call at the Hai Phong Port due to draft restrictions. This will provide much needed capacity to the market, improve Vietnam’s competitiveness and support the expected growth in Vietnamese exports.