The proposed Can Gio International Transhipment Port project in Ho Chi Minh City is expected to span 571 hectares with a total investment of approximately VND 113,500 billion, divided into seven investment phases over 22 years, and is deemed highly feasible.
In the Government Office’s Notification No. 418/TB-VPCP on the conclusions of Deputy Prime Minister Tran Hong Ha at the meeting regarding the Investment Policy for the Saigon Gateway International Transhipment Port Project (Can Gio Port), the Deputy Prime Minister directed several related issues.
Regarding the port development plan, the Deputy Prime Minister instructed to ensure a holistic, synchronized approach with reasonable phases corresponding to the port planning and demand forecast for cargo throughput; clearly indicating the main functional areas of the port.
Can Gio Port’s perspective.
When it comes to evaluating the project’s impact, economic efficiency, and implications for national defense and security, the Deputy Prime Minister emphasized the need to specify the investment plan and infrastructure connectivity in line with Ho Chi Minh City’s development orientation and planning.
Given that the project is associated with Vietnam’s first UNESCO-recognized World Biosphere Reserve, holding immense value and significance for Ho Chi Minh City and the region, a comprehensive assessment of its environmental impact is imperative. The decision-making process must unwaveringly uphold environmental protection, clearly identifying the areas and extent of forest land conversion and their potential consequences.
The Deputy Prime Minister instructed the Ministry of Natural Resources and Environment, the Ministry of Agriculture and Rural Development, and the Ministry of Foreign Affairs to provide thorough and specific insights, along with clear opinions, on the project’s environmental implications. The appraisal report and draft decision on investment policy should mandate Ho Chi Minh City and the investor to implement infrastructure ensuring green port criteria by 2030, 2035, and 2050.
The Deputy Prime Minister assigned the Ministry of Planning and Investment to thoroughly evaluate and appraise the related contents as per regulations, ensuring that the Prime Minister’s approval of the investment policy is based on a meticulous and comprehensive consideration of legal provisions.
Concerning the selection of investors, the Deputy Prime Minister requested Ho Chi Minh City to refer to the National Assembly’s Resolution No. 98/2023/QH15 on experimental mechanisms and policies, considering the addition of other critical criteria for choosing a strategic investor. The selected investor must commit to implementing the overall investment plan, adhering to the timeline and phased investment approach as required by state management agencies and proposed by Ho Chi Minh City.
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