Investor for Can Gio International Transshipment Port selected
VGP - The Ho Chi Minh City People’s Committee has just decided Viet Nam Maritime Corporation (VIMC), Saigon Port Joint Stock Company, and Terminal Investment Limited Holding S.A. as the investor for the Can Gio International Transshipment Port project.
Overview of Can Gio International Transshipment Port
In January last year, the Government approved the investment policy of the Can Gio International Transshipment Port project.
The project covers an area of about 571 hectares, with a total main berth length of 7.5 kilometers. Its designed capacity is expected to reach 4.8 million TEUs by 2030, increasing to 16.9 million TEUs by 2047. In the initial phase, the port will have 2–4 berths capable of receiving vessels of up to 250,000 tons; in the long term, it may expand to 13 berths.
The total investment capital exceeds VND 128,872 billion (US$4.9 billion), of which 15 percent is contributed by the investors, while the remainder will be mobilized from other sources.
Terminal Investment Limited Holding S.A. is a member of MSC, the world's largest container shipping company, currently handling over 23 million TEUs annually and connecting more than 500 seaports. In Viet Nam, MSC is operating in Hai Phong, Da Nang, and the Cai Mep–Thi Vai area.
Once completed, the port is expected to become an international container transshipment hub, contributing to enhancing Viet Nam's maritime position in the global logistics chain.
It is estimated that, when reaching full designed capacity, the project could generate annual revenue of VND 34,000–40,000 billion (US$1.14-US$1.5 billion), while creating 6,000–8,000 direct jobs and tens of thousands of indirect jobs.
The Can Gio area is also being planned for several major infrastructure projects, including a nearly 2,870-hectare coastal urban area, the Ben Thanh–Can Gio metro line, the Can Gio Bridge, and various interregional connecting roads, aiming to complete the transportation network./.
