On June 3, the Ho Chi Minh City People's Committee submitted a document to the Standing Committee of the City People's Committee Party Committee, requesting consideration and reporting to the Standing Committee of the Ho Chi Minh City Party Committee on the implementation of the Can Gio International Transit Port project.
In the submission, the Ho Chi Minh City People's Committee proposed that the Standing Committee of the City Party Committee agree on the policy of continuing to implement the Can Gio International Transit Port project in accordance with current legal regulations.
The city will coordinate with relevant ministries and branches to complete all investment documents and procedures in accordance with the correct order and regulations.
Notably, Ho Chi Minh City proposed that the Standing Committee of the City Party Committee direct and orient specific mechanisms to support attracting and retaining strategic investors - specifically MSC Group - within the framework of Resolution No. 98/2023/QH15 of the National Assembly and current legal regulations.
Specific mechanisms are proposed to focus on three main groups: incentives for transportation infrastructure, logistics and warehousing; support for administrative procedures, shorten investment preparation time; and incentives to attract logistics support businesses.
These are considered important solutions to facilitate investors to implement projects quickly, effectively and sustainably.
Along with that, the Ho Chi Minh City People's Committee will direct relevant departments and branches to review and synchronously update relevant planning such as marine space planning, land use planning, transportation, environment... to serve as a legal basis for implementing procedures for land allocation, water surface allocation and investment licensing for the project.
The Can Gio international transit port project is proposed for investment by a joint venture between Saigon Port Joint Stock Company and Terminal Investment Limited Holding S.A (a member company of the world's largest shipping line MSC).
The investor proposed a project with a total investment of more than VND 113,500 billion (equivalent to USD 4.8 billion), divided into 7 investment phases with an implementation period of 22 years.
The project plans to organize investment in port construction and exploitation in the period before 2030 from 2 to 4 wharf areas, and in the next period (from 2030 to 2045) will continue to study and complete investment according to the planning approved by competent authorities.
The People's Committee of Ho Chi Minh City affirmed that the construction of Can Gio international transit port is one of the key tasks according to the national marine economic development orientation. The project has a strategic significance in affirming the role of Ho Chi Minh City as the Marine Economic Center, Logistics and International Trade of the Southern region.
With special attention from the world's leading strategic investors in the fields of shipping and logistics, the Can Gio International Transit Port project is expected to create a major breakthrough in attracting investment, developing modern seaport services, contributing to making Vietnam an important cargo transit hub of the region and the world.
