Investing 2,385 billion VND to build Long Son My Xuan port

PHẠM ĐÔNG |

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 650/QD-TTg dated March 19, 2025 approving the investment policy for the Long Son My Xuan general port project.

Accordingly, the project investor is Long Son Company Limited.

The project's goal is to invest in the construction of Long Son My Xuan general port in Thi Vai port area, My Xuan ward, Phu My town, Ba Ria - Vung Tau province to gradually complete the construction of Thi Vai port area according to the approved plan.

Invest in the construction of a comprehensive port to serve economic activities and industrial parks in the province and neighboring areas; meet the needs of using construction materials in the area.

Maximize the advantages of natural conditions, geographical location, and transport infrastructure projects being invested in the area for development, promoting the socio-economic development of Ba Ria - Vung Tau province in particular and the Southern region in general.

Project scale: Invest in the construction of 1 wharf with a length of 270m to receive the size of a general train with a load capacity of up to 30,000 DWT; 4 barge wharves with a total length of 530m to receive ships, barges with a load capacity of up to 7,500 DWT; warehouse system, cement grinding items (capacity of 2.3 million tons/year), infrastructure to serve the port, water area in front of the wharf.

The investment capital for project implementation (registered by the Investor) is 2.385 billion VND. The project implementation area is about 41.65 hectares.

The Ministry of Planning and Investment (now the Ministry of Finance) is responsible for the assigned contents of project investment policy appraisal, the contents of recommendations and implementation of state management in accordance with the provisions of the law on investment and relevant laws.

The Deputy Prime Minister assigned the People's Committee of Ba Ria - Vung Tau province to allocate land according to the planning, land use plan and seaport development plan.

Only change the purpose of forest use when meeting the prescribed conditions; protect forest area, change forest use purpose in accordance with the provisions of law; only allow impact on the forest when the project completes all procedures to be affected in the forest.

Inspect and supervise investors in the process of converting forest use to other purposes to implement projects, ensuring compliance with legal regulations.

Inspect and supervise the implementation of the project by investors in accordance with the provisions of law, including inspecting and supervising the capital mobilization of investors according to the project implementation schedule.

PHẠM ĐÔNG
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