Can Gio Port expected to bring in 40,000 billion VND per year

VnExpressVnExpress26/06/2023


When operating at full capacity, Can Gio port will contribute VND34,000-40,000 billion to the budget each year, creating jobs for tens of thousands of people, according to the Ho Chi Minh City Department of Transport.

The content is stated in the Project to study and build Can Gio international transit port, which has just been sent by the Department of Transport to the Ho Chi Minh City People's Committee to submit to the Prime Minister. The project, once approved, will be the basis for investment in the port and the accompanying technical infrastructure system.

The Can Gio transit port is over 7 km long and can accommodate the largest container ship currently with a capacity of 250,000 DWT (24,000 teus) proposed by MSC Group - the world's leading container shipping line. The project is being studied for construction on Phu Loi Islet, at the mouth of Cai Mep River, with a total investment of 5.45 billion USD. The project is divided into 7 phases, of which the first phase will be completed in 2027 and the entire project will be completed by the end of 2045.

Perspective of Can Gio international transit port project. Photo: Portcoast

Perspective of Can Gio international transit port project. Photo: Portcoast

Revenue of 34,000-40,000 billion VND per year is preliminarily calculated when the port project is fully invested and reaches its designed capacity in 2045. This source comes from taxes on loading, unloading and storage activities of port enterprises; corporate income tax and maritime fees, water surface rental fees, etc.

In addition, according to the project, the port in Can Gio will attract large capital from participating businesses, creating jobs for about 6,000-8,000 employees and workers at the port and tens of thousands of people serving in the logistics sector, logistics centers after the port...

According to the Department of Transport, goods passing through seaports in the city from now until 2030 will increase by an average of more than 5% per year, with container goods alone increasing by about 6%. Meanwhile, the container terminal system at seaports in the area is all located in the inner city, and the exploitation capacity has exceeded the planning.

Therefore, the planning and construction of a port in Can Gio will support the local seaport system, create a competitive advantage with other countries as well as make a breakthrough in developing the marine economy. It is expected that by 2030, the port capacity will reach about 4.8 million teu and by 2047, nearly 16.9 million teu (each teu is equivalent to a 20-foot container).

A corner of Thanh An commune, Can Gio district. Photo: Quynh Tran

A corner of Thanh An commune, Can Gio district. Photo: Quynh Tran

According to the project, to connect Can Gio port, in addition to the existing shipping routes, it is expected that from now until 2030, the city will build Can Gio bridge connecting this locality to Nha Be district. The bridge will cross the Soai Rap river, expected to be implemented under the PPP form, with a total capital of about 10,000 billion VND, helping to break the monopoly of Binh Khanh ferry to enter and exit the inner city.

Also in the above phase, the city will invest in upgrading bridges on Rung Sac Road and build an intersection connecting this route with Ben Luc - Long Thanh Expressway in Binh Khanh Commune. After 2030, a connecting road will be built from the transit port location through Rung Sac Road in Long Hoa Commune. At the same time, the transport sector will also study building an elevated route running along Rung Sac Road to the Ben Luc - Long Thanh Expressway intersection.

Along with the road, the project to build a transit port in Can Gio mentioned that after 2030, it will develop and form an urban railway line along Rung Sac Street, connecting Can Gio coastal urban area with Metro No. 4 (Thanh Xuan - Hiep Phuoc urban area) in Nha Be district.

According to the implementation progress after the project is approved, the authorities will complete investment preparation procedures from now until 2024. The construction process will take place over three years, from 2024 to 2026, and exploitation will begin in 2027.

Gia Minh



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