The consortium of three domestic investors, SCIC - Geleximco - ITC, is facing a great opportunity to be awarded the Cai Mep Ha General and Container Port Project with a total investment of up to VND 50,820 billion.
Revealing the "super" gateway port
Although still waiting for the opinion of the People's Committee of Ba Ria - Vung Tau province, up to this point, the joint venture of investors State Capital Investment Corporation (SCIC) - Geleximco Group - International Transport and Trade Joint Stock Company (ITC) has received many votes of approval from the Ministry of Transport (MOT) for the proposal to implement the Cai Mep Ha General and Container Port Construction Investment Project in Phu My town, Ba Ria - Vung Tau province.
Previously, the Government Office sent an official dispatch to the Ministry of Transport and the People's Committee of Ba Ria - Vung Tau province conveying the direction of Deputy Prime Minister Tran Hong Ha on the proposal to implement the Cai Mep Ha General and Container Port Construction Investment Project in Phu My town, Ba Ria - Vung Tau province. In this official dispatch, the Deputy Prime Minister assigned the Ministry of Transport to preside over and coordinate with the People's Committee of Ba Ria - Vung Tau province to study the proposal of the SCIC - Geleximco - ITC Investor Consortium, and report to the Prime Minister before May 25, 2024.
In Official Dispatch No. 5567/BGTVT-KHĐT sent to the Prime Minister last weekend, the Ministry of Transport said that the Cai Mep Ha General and Container Port Construction Investment Project proposed by the SCIC - Geleximco - ITC Joint Venture has a total investment of up to VND 50,820 billion on an area of 351 hectares, capable of receiving the world's largest ships today, with the investment process divided into 3 phases.
The Ministry of Transport assessed that the joint venture of investors proposed to invest in phase I of the Project (2024-2030) in 2 wharves with a total length of 0.9 km for ships up to 250,000 DWT, which is consistent with the approved master plan and detailed plan of the seaport in terms of ship size, function and investment roadmap of the ports.
“The Ministry of Transport supports the call for investors with potential and experience to invest in port exploitation to carry out investment in a synchronous and comprehensive manner, in order to improve the efficiency of exploiting land funds, water surfaces, and sea areas, enhance the connection and compatibility between infrastructure and the application of science and technology, contributing to promoting the planning orientation of Ba Ria - Vung Tau seaport as a special port (international gateway); at the same time, overcoming the limitations in small-scale investment and exploitation in some seaport areas in the past time”, Official Dispatch No. 5567/BGTVT-KHDT signed by Deputy Minister of Transport Nguyen Xuan Sang clearly stated.
However, with a total investment capital of about 50,820 billion VND, the Ministry of Transport believes that the consortium of investors needs to demonstrate financial capacity and the ability to arrange capital sources as a basis for competent authorities to approve the investment policy of the Project according to regulations.
Determined investor
It is known that Ba Ria - Vung Tau seaport currently has 7 ports with the function of exploiting container cargo with a planned capacity of 7.66 million TEU/year by 2020. Meanwhile, the volume of container cargo through Ba Ria - Vung Tau seaport has averaged over 8 million TEU/year in the past 3 years, mainly concentrated in 5 ports in Cai Mep wharf area.
Thus, up to now, the volume of container cargo throughput has exceeded the design capacity of container terminals in the Cai Mep area. In addition, in the Plan for implementing the Master Plan for the development of Vietnam's seaport system in the 2021-2030 period, with a vision to 2050, the Cai Mep Ha port area (Ba Ria - Vung Tau) has been identified by the Prime Minister as one of the priority seaport investment projects until 2030.
“Therefore, it is necessary to soon deploy investment in ports in Cai Mep Ha area according to the planning and implementation plan,” Mr. Nguyen Xuan Sang shared.
Previously, at the end of April 2024, the SCIC - Geleximco - ITC Joint Venture sent a document to the Prime Minister proposing the implementation of the Cai Mep Ha General and Container Port Construction Investment Project. This document was signed by Mr. Vu Van Tien, General Director of Geleximco, on behalf of the Joint Venture.
Mr. Vu Van Tien said that the 3 members of the Consortium are very determined to persistently pursue research and submit investment proposals for the Project to competent authorities over the past many years. “The SCIC - Geleximco - ITC Consortium will commit to resolving the difficulties of the old investors and have enough capacity to implement the investment and construction of the Project in accordance with the new planning,” Mr. Vu Van Tien affirmed.
Source: https://baodautu.vn/tin-hieu-thuan-cho-sieu-cang-cua-ngo-cai-mep-ha-d216259.html
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