International Transshipment Port in Can Gio, Vietnam
Regarding the goals and requirements for the investment and operation of the Can Gio International Transshipment Port project, specifically for the next 5 years (up to 2030), the notice states that the investment in building the port will only be carried out if it meets the requirements for the national and ethnic interests.
The port development plan must ensure a holistic, synchronized approach with a reasonable division for each stage, aligning with the port planning and demand based on cargo flow forecasts.
The decision on the investment plan and roadmap must be based on a thorough assessment of the impact and interrelation between the Can Gio International Transshipment Port and other ports, addressing the relationship with the Cai Mep terminal of Ba Ria-Vung Tau port and the mutual influence between already invested projects, as well as the utilization of the maritime channel and shared infrastructure.
Additionally, the notice should indicate the investment plan for connectivity infrastructure, aligning with the orientation and development planning of Ho Chi Minh City. As the project is associated with the first biosphere reserve in Vietnam, which holds great value and significance for the city and the region, a comprehensive assessment of its environmental impact is imperative.
The document emphasizes that environmental considerations are non-negotiable in the investment decision, clearly specifying the areas and forest land that need to be converted. The Deputy Prime Minister mandates that the Ministries of Natural Resources and Environment, Agriculture and Rural Development, and Foreign Affairs must provide comprehensive and specific information and express clear opinions regarding the project’s environmental impact.
In terms of technology, the port operation technology is oriented to be modern and environmentally friendly, keeping up with global trends. The technology will be determined based on the overall design and will be concretized for each phase to ensure the investor can operate efficiently.
On this matter, the Deputy Prime Minister assigns the Ministry of Transport and the Ministry of Science and Technology to clarify in the report and provide direction for the subsequent steps in selecting the investor. These contents must be included in the project’s investment policy.
Regarding the criteria for a green port, the appraisal report and the draft investment decision must clearly state the requirements for Ho Chi Minh City and the investor to ensure green port criteria by 2030, 2035, and 2050.
The Ministry of Planning and Investment is responsible for appraising and thoroughly evaluating all related contents according to regulations, ensuring that when the Prime Minister approves the investment policy, it has been carefully and comprehensively considered, especially regarding environmental issues.
Concerning the selection of the investor, the Deputy Prime Minister requests Ho Chi Minh City to refer to Resolution 98/2023/QH15 of the National Assembly on piloting some special mechanisms and policies for the development of Ho Chi Minh City. The city should consider adding other important criteria for selecting a strategic investor.
Specifically, the city can look into aspects such as attracting shipping lines with a significant global market share, investment scale and capital within 5 years (completing the investment of 04 ports with a total capital of about 1.5 billion USD), cooperating with domestic enterprises for port investment and operation, and fulfilling the commitment to attract international transshipment cargo…
The selected investor must ensure the implementation of the overall and synchronized investment plan, following the roadmap and investment schedule required by the state management agency and proposed by Ho Chi Minh City.
According to the report by the Ho Chi Minh City Department of Transport, the proposal to build the Can Gio International Transshipment Port aims to establish it as an international transshipment hub for the city and the region.
The port is planned to be located in the Con Cho islet, Thanh An commune, Can Gio district. The total expected investment for the port is about VND 129,000 billion. The total length of the main port is estimated at about 7 km, and the barge port is expected to be about 2 km.
The total area is estimated at 571 hectares, including the port, warehouses, internal traffic, office buildings, accommodation for operational staff, port infrastructure…, about 469.5 hectares, and the port’s operating water area is about 101.5 hectares.
It is estimated that in the first year of operation, the port will handle about 2.1 million TEU (1 TEU equals a 20-foot container). After 7 investment phases, the volume of cargo through the Can Gio International Transshipment Port can reach 16.9 million TEU by 2047, which is half of Singapore’s current volume.
The port is expected to contribute VND 34,000 – 40,000 billion to the state budget annually when operating at full capacity. The total investment capital for the project is nearly VND 129,000 billion (USD 5.5 billion), proposed by MSC, a leading container shipping company in the world.
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