“Ministry of Transport Completes Appraisal of the Proposal for the International Transit Port in Can Gio”

The Ministry of Transport has completed two rounds of appraisals for the proposal to develop the Can Gio International Trans-shipment Port in Ho Chi Minh City. The proposal has now been submitted to the Prime Minister for final approval.

0
63

International Transshipment Port Can Gio Model

The Ministry of Transport has submitted Report No. 9008/BC-BGTVT to the Prime Minister regarding the appraisal results of the Project for Study on Construction of Can Gio International Transshipment Port.

In this report, the Ministry of Transport affirms that the Project for Study on Construction of Can Gio International Transshipment Port has sufficient legal basis and is in line with the policies of the Party, National Assembly, and Government. The People’s Committee of Ho Chi Minh City has duly addressed and clarified the opinions of ministries, local authorities, experts, and appraisal council members.

The Ministry of Transport generally agrees with the project’s objectives, focusing on promoting and developing the Can Gio port area into an international transshipment center, attracting reputable shipping lines and freight forwarders, and soon establishing the Cai Mep river gateway as an international transshipment hub, forming a duty-free zone associated with the international transshipment port.

The Ministry of Transport also acknowledges that the project has thoroughly assessed the conditions for the formation of the Can Gio port area, including a 30% to 70% reduction in transportation distance for international transshipment cargo compared to Singapore. It is located near the Vung Tau- Thi Vai shipping lane with a depth of approximately -15.5m, successfully accommodating a vessel of up to 232,494 tons. It also offers lower cargo handling costs compared to Singapore…

The Ministry of Transport supports the view of selecting investors with sufficient experience, financial capacity, and potential to attract international transshipment cargo. However, during the implementation process, investors need to commit, and competent authorities must closely monitor to ensure that the ratio of transshipment cargo handled at the Can Gio port area, as stated in the project, is maintained to avoid affecting the operations of other ports in the region.

The Ministry of Transport generally agrees that the project only includes a preliminary identification of environmental impacts. As Can Gio is a World Biosphere Reserve recognized by UNESCO, the People’s Committee of Ho Chi Minh City is requested to thoroughly study, identify, evaluate, and propose specific solutions to ensure compliance with environmental protection and ecosystem preservation regulations in the next steps of implementation.

In the process of developing the project, the People’s Committee of Ho Chi Minh City mentioned the orientation of utilizing dredged material to reclaim and expand Thanh An Island (Phu Loi islet) to the west and south, with an expected total volume of approximately 21 million m3 of dredged material. Regarding this issue, the Ministry of Transport proposes that careful studies and reports to competent authorities are necessary to ensure full compliance with legal regulations during the implementation process.

You may also like

Proposed Planning for Adding 2 New Cities in Ho Chi Minh City

According to Architect Ngô Viết Nam Sơn, Ho Chi Minh City should consider planning two cities within the city in the south and north.

Investing in a volatile market: Should beginners consider putting money into high-yield bonds for 10-30% yearly profit?

Short-term stock market trading has proven to be a risky venture for many investors, leading to substantial losses. However, there are a few select open funds that have managed to achieve impressive returns, reaching up to 30%.

Choose stocks for “Tet” festival celebrations

Investors should consider choosing stocks in the banking industry with good profitability, healthy real estate, and abundant clean land reserves. In addition, the group of stocks in infrastructure investment, iron and steel, and construction materials should also be considered.

Comprehensive regional connectivity

In addition to building strong physical infrastructure, Ho Chi Minh City needs to strengthen its soft connections with other provinces in the region in order to promote economic development. This includes prioritizing the training of skilled workforce and ensuring access to quality healthcare.

2023 Remittances Surpass Half of Ho Chi Minh City’s Budget Revenue

As part of the Homeland Spring 2024 program in Ho Chi Minh City, this morning (2/2), the overseas Vietnamese delegation had a tour of the City Hall and met with city leaders.