Ho Chi Minh City proposes 2 options to choose investors for "super" Can Gio international port
The Department of Planning and Investment proposed two options for selecting investors for the Can Gio International Transit Port Project: selecting according to Resolution 98/2023/QH15 or according to the provisions of the Investment Law 2020.
The Department of Planning and Investment of Ho Chi Minh City has just issued Document No. 5390/SKHDT-KTDN to the City People's Committee for comments on the appraisal of the Can Gio International Transit Port Project.
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| Proposed location for construction of Can Gio International Transit Port |
Commenting on the selection of investors for the Project, the Department of Planning and Investment said that there are 2 options for selecting investors.
Option 1: Select an investor to implement the Project according to the mechanism of Resolution 98/2023/QH15, then the project belongs to the list of priority industries to attract strategic investors.
However, investors must disburse investment capital within 5 years from the date of issuance of the investment registration certificate or decision approving the investment policy. During this period, strategic investors are not allowed to transfer the project.
The second option, implemented according to the provisions of the Investment Law, the project is divided into 7 phases, implemented over 22 years, and the investor disburses capital according to the project implementation progress.
However, because this Project is a case of land leased by the State without auctioning land use rights, the project is subject to bidding to select investors according to the provisions of the 2023 Bidding Law.
With the 2 options proposed, the selection of strategic investors according to Resolution 98/2023/QH15, the enterprise proposing the Project will be selected as the investor.
However, with a large total investment, having to disburse within 5 years is a challenge for investors.
As for the bidding method to select investors, the enterprise proposing to research the project is not necessarily selected as the investor because when bidding, the investor that meets the given criteria will win the bid.
Therefore, in the draft Project to study the construction of Can Gio international transit port, the investor consortium proposed the form of investor selection according to the provisions of Resolution 98/2023/QH15.
According to the latest report of Saigon Port Joint Stock Company (representing the consortium of investors) sent to the Ho Chi Minh City People's Committee on May 13, the total investment of Can Gio international transit port is 113,531 billion VND, equivalent to 4.8 billion USD (excluding interest during the construction phase).
Of the total investment, construction costs account for 2.1 billion USD, equipment costs are 1.7 billion USD. In this project, site clearance costs are quite low, only about 160 billion VND.
The investor said that due to the large scale and total investment of the project, the investment must be divided into 7 phases to be implemented from now until 2045.
Source: https://baodautu.vn/tphcm-neu-2-phuong-an-chon-nha-dau-tu-sieu-cang-quoc-te-can-gio-d216344.html
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