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PM urges preparations for Can Gio transshipment port

The Saigon Times

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HCMC – Prime Minister Pham Minh Chinh has requested seven ministries to work with HCMC to finalize the documents of the Can Gio international container transshipment port project within this month.

PM Chinh visited the location where the Can Gio international container transshipment port would be built on July 18.

Pham Anh Tuan, general director of Portcoast Consultant Corporation, said the port would be situated on Phu Loi Island, Thanh An Commune, Can Gio District, which is in the transition zone of the Can Gio Mangrove Biosphere Reserve. Thus, it would not affect the core zone of the biosphere reserve.

The upcoming Can Gio transshipment port could handle huge container vessels of up to 24,000 TEUs. The US$5.4-billion project would be developed in seven phases. The first phase of the project is expected to be completed in 2027, and the entire project is scheduled for completion by 2045.

Currently, MSC, the world’s leading shipping line, has invested in building the project and has undertaken to find sources of cargo for the port.

Upon completion, the project would create 6,000 to 8,000 jobs for local residents and directly contribute to generating extra state budget revenue through taxes and fees amounting to VND34,000 to VND40,000 billion per year.

Following the consultant’s report, PM Chinh asked the unit to further study three issues: traffic infrastructure, technical infrastructure, and social infrastructure, and include them in the plan before implementation.

The prime minister said that MSC should be invited to Vietnam this month to work out a plan for the implementation of the Can Gio international container transshipment port project.

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