On December 29, Mr. Tran Quang Lam - Director of the Department of Transport of Ho Chi Minh City, said that on December 23, Deputy Prime Minister Tran Hong Ha chaired a meeting to consider and approve the investment policy for the Can Gio international transit port project.
Previously, on December 6, the Ministry of Planning and Investment submitted an appraisal report to the Prime Minister for approval of the project policy.
"If all procedures go smoothly, the Government can approve the project's investment policy next week," Mr. Tran Quang Lam informed.
According to the leader of the Ho Chi Minh City Department of Transport, after being approved, Ho Chi Minh City will speed up the implementation steps, striving to start the project in 2025, on the occasion of the 50th anniversary of the Liberation of the South and National Reunification Day (April 30, 1975 - April 30, 2025).
Can Gio international transit port will be built on an area of 571 hectares, with a total investment of about 113,531 billion VND (equivalent to 4.8 billion USD).
Based on the demand for goods passing through, Can Gio international transit port is expected to be invested in 2 phases.
Organize investment in construction and exploitation of phase 1 of the port before 2030 (invest in 2 main wharves/7 main wharves).
Phase 2 (after 2030 - 2045) will continue to invest in completing all remaining main wharves.
Joint venture project between Saigon Port Joint Stock Company and Terminal Investment Limited Holding S.A (a member company of the world's largest shipping line MSC) proposed investment.
The port is located at the mouth of Cai Mep - Thi Vai River, in Ganh Rai Bay, near international shipping routes in the East Sea, creating favorable conditions for the development of an international transit port.
One of the important factors that made the project feasible was the support of MSC – the world's largest shipping line, headquartered in Geneva, Switzerland.
MSC owns a fleet with a transport capacity of more than 23 million TEUs per year, accounting for 18% of total global transport capacity and a network connecting more than 500 seaports around the world.
In Vietnam, MSC currently operates services in Hai Phong, Da Nang, and Cai Mep - Thi Vai, with a cargo volume of more than 1 million TEU per year, connecting to key markets such as the US, Europe, China, Japan, and Southeast Asia.
When put into operation, Can Gio international transit port will add capacity to the Cai Mep - Thi Vai port system, making this area the world's leading international cargo transit center.
The project is expected to create jobs for 6,000 - 8,000 direct workers at the port, along with tens of thousands of workers in the fields of logistics services, logistics and related industries.
According to the Ho Chi Minh City Department of Transport, after the Can Gio international transit port project is approved, the Ho Chi Minh City People's Committee will preside over and coordinate with relevant ministries and branches to organize a bidding to select a strategic investor to implement the project.
During the bidding process, key issues noted include: Ensuring the project does not affect national security; promoting environmental protection criteria, avoiding negative impacts on the core and buffer zones of the Can Gio Mangrove Biosphere Reserve; carefully assessing the financial capacity, experience and implementation solutions of contractors; developing criteria for effective project exploitation, avoiding internal competition among Vietnamese seaports.
In addition, Ho Chi Minh City will coordinate with ministries and branches to develop criteria on technology used and seaport operation plans, to ensure that the project applies modern, environmentally friendly solutions, meeting the requirements of sustainable development.
