VIMC seeks approval for international container terminal project in HCM City

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Vietnam Maritime Corporation (VIMC) has proposed to the Prime Minister, the Ministry of Transport, the State Capital Enterprise Management Committee and the People’s Committee of Ho Chi Minh City to support the project of its subsidiary Saigon Port JSC to partner with the Mediterranean Shipping Company to build and operate an international container terminal in the Can Gio district.

To take advantage of cooperation opportunities and attract major global investors, VIMC suggested that the competent authorities allow the application of the appointment of a contractor to select the investor in accordance with the law on tenders or select the investor in special cases, as provided for in article 26 of the law. , he said in a document sent to the Prime Minister and the aforementioned agencies.

The company also proposed that the municipal people’s committee be allowed to propose the method of selecting investors in special cases and submit them to the prime minister.

According to the VIMC, container transshipment and port service has long become an international competitive strategy in coastal countries.

In East Asia, the development of international transit services has been successfully implemented in a number of countries and territories, including Singapore, Malaysia, Thailand, China and Taiwan (China), the Republic of Korea and Japan. In 2020 alone, Singapore seaports handled approximately 36.87 million TEUs, 85% of which are transit cargo.

Statistics from the Vietnam Maritime Administration showed that the volume of containers passing through the country’s seaports reached around 23.9 million TEUs last year, mainly in the seaports of Ho Chi Minh City cities. , Vung Tau and Hai Phong, focusing on domestic commodity import-export management. The proportion of international transhipment is still quite low.

According to the VIMC, Can Gio district is located at the beginning of the Cai Mep – Thi Vai navigation route with great depth and in an area close to international shipping routes. This is an important condition for setting up a port system and developing international container transhipment services.

The establishment of a large-scale logistics service center is expected to bring positive effects and facilitate the development of trade, financial and maritime services, he said, adding that it is an effective solution to achieve successfully the objective of making logistics a spearhead. sector of the city of Ho Chi Minh City, maintaining its role as the logistics center of the region.

In the past, VIMC has cooperated with the Mediterranean Shipping Company (MSC), the second largest container shipping company in the world, in the development and operation of port infrastructure in Vietnam.

MSC operates a fleet of some 625 vessels and has 60 seaports around the world. It can handle more than 30 million TEUs per year through its subsidiary Terminal Investment Limited – TIL.

VIMC said Saigon Port JSC and MSC are accelerating research to develop a container terminal port in the Can Gio area capable of receiving vessels up to 250,000 DWT. The project has a nominal capacity of 15 million TEUs with a total investment of more than 850 million USD./.
Source: VNA

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