India's largest investor in infrastructure and energy wants to invest in seaports and airports - Photo: NGOC AN
On the morning of July 31, starting his State visit to India, Prime Minister Pham Minh Chinh received Mr. Gautam Adani, Chairman of Adani Group - India's largest corporation specializing in infrastructure and energy.
Expressing his interest in the Lien Chieu Port project in Da Nang, Mr. Gautam Adani said that he has submitted an investment proposal and a pre-feasibility study report on the project. The Group wishes to invest in the entire smart port system with an estimated investment capital of more than 2 billion USD and remove difficulties before the proposal to invest 100% of the capital for this project.
Investors want to build seaports, airports and energy
In addition, Adani's chairman wants to participate in the Vinh Tan 3 thermal power project with a total estimated investment of 2.8 billion USD; proposes to combine with Vietnamese partners to invest in airports, aviation and logistics such as Chu Lai airport and Long Thanh airport phase 2.
According to Mr. Le Quang Nam - Vice Chairman of Da Nang City People's Committee, Lien Chieu port has been approved for planning and is qualified to attract investors. However, the orientation to attract investors is to complete the items with 8 berths to bring higher efficiency instead of the previous 2 berths.
Minister of Planning and Investment Nguyen Chi Dung said that there are also a number of domestic and foreign enterprises wishing to participate in this project. However, current regulations only allow foreign enterprises to invest in logistics with 49% of capital.
Therefore, he believes that investment needs to comply with regulations and investors can consider investing in infrastructure when regulations allow a capital ratio of 100%. Accordingly, Mr. Dung suggested that the chairman of Adani Group research and choose the appropriate form of investment to bring the most efficiency.
Regarding the proposal to participate in the Vinh Tan 3 thermal power project, Minister of Industry and Trade Nguyen Hong Dien said that the previous investor had withdrawn capital and the Adani Group had proposed to participate. Therefore, Mr. Dien requested that Adani provide full information related to the project as a basis for consideration for investors to participate in accordance with regulations.
Prime Minister Pham Minh Chinh respectfully thanked the leaders of Adani Group for expressing their condolences to the Party, State and People of Vietnam on the passing of General Secretary Nguyen Phu Trong.
Listening to investors' opinions and responses from ministries, sectors and localities, the Prime Minister welcomed the investment proposal and affirmed that infrastructure investment is one of Vietnam's important strategic orientations.
The Prime Minister immediately removed difficulties for businesses - Photo: NGOC AN
Remove obstacles right at the meeting, encourage the spirit of "say and do"
For Lien Chieu port, Vietnam's investment attraction policy is to select investors with potential and experience to implement the project as a whole, ensuring efficiency rather than doing it "piecemeal".
To remove the bottleneck, the Prime Minister affirmed that he would facilitate the Adani Group in choosing an investment method in accordance with Vietnamese law and investor needs, and could consider investing 100% of its capital in infrastructure.
In addition, he also suggested that investors could invest in the free trade zone to meet the development needs of Da Nang after the city was granted a special mechanism by the National Assembly. Therefore, the scale of the project investment would not stop at more than 2 billion USD but could increase to 3-4 billion USD.
Regarding the implementation of airport projects, the Prime Minister suggested that investors should choose “with a focus”, prioritizing investment in Chu Lai airport, because this airport has the advantage of being conveniently connected to three major national highways.
The airport has also prepared 1,200 hectares of land and will be an international airport after moving Da Nang International Airport here. This is also a strategic airport, a transit point attracting many tourists and investors to Vietnam and other countries in the region.
Regarding the participation in the power project, the Prime Minister said that since COP26, Vietnam and other countries have made commitments to reduce emissions, so they prioritize and encourage investment in clean energy. Therefore, he suggested that the Adani Group could prioritize investment in clean energy sources for this project.
“We need to focus on three strategic projects: Lien Chieu port, the exploitation of a logistics center combined with a free trade zone, Chu Lai airport, and the Vinh Tan 3 thermal power project with clean energy. Thus, the investment capital is nearly 10 billion USD. We will have preferential policies and attract investment, but along with that, there must be technology transfer and connection with Vietnamese enterprises participating in the supply chain,” the Prime Minister emphasized.
The head of the Vietnamese Government also requested that after this meeting, investors need to work immediately with Vietnamese ministries, branches and localities to discuss specific implementation contents in the spirit of doing it right away, "clearly identifying people, clearly identifying work, clearly identifying time and clearly identifying products".
Expressing gratitude for the Prime Minister, ministries, and localities' efforts to resolve difficulties, Chairman Adani affirmed that he would immediately implement the project and committed to comply with legal regulations, build modern smart port infrastructure, meet world standards, and create spillover effects for the Vietnamese economy.
NGOC AN (from New Delhi - India)
Source: https://tuoitre.vn/tap-doan-adani-an-do-muon-rot-hon-2-ti-usd-xay-tron-goi-cang-thong-minh-lien-chieu-20240731131257525.htm
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