Approval of investment policy for Long Son My Xuan port of over 2,300 billion VND

The project is implemented on an area of about 41.65 hectares, investing in the construction of Long Son My Xuan general port at Thi Vai port area, My Xuan ward, Phu My town, Ba Ria - Vung Tau province.

Deputy Prime Minister Tran Hong Ha has just signed a decision approving the investment policy of the Long Son My Xuan general port project.

The project investor is Long Son Company Limited with a total project investment capital (registered by the investor) of more than 2.3 trillion VND.

Illustration photo.

The project is implemented on an area of about 41.65 hectares, investing in the construction of Long Son My Xuan general port at Thi Vai port area, My Xuan ward, Phu My town, Ba Ria - Vung Tau province.

This project aims to gradually complete the Thi Vai wharf area according to the approved plan and serve economic activities and industrial parks in the province and neighboring areas.

The project aims to meet the demand for construction materials in the region, maximizing the advantages of natural conditions, geographical location, and transport infrastructure projects being invested in the region to develop and promote the socio-economic development of Ba Ria - Vung Tau province in particular and the Southern region in general.

Specifically, investment will be made in building 1 wharf with a length of 270m to receive general cargo ships with a capacity of up to 30,000 DWT; 4 barge wharfs with a total length of 530m to receive ships and barges with a capacity of up to 7,500 DWT; warehouse system, cement grinding project (capacity of 2.3 million tons/year), port service infrastructure, and water area in front of the wharf.

The Ministry of Finance is responsible for the assigned contents of project investment policy appraisal, proposed contents and implementation of state management in accordance with the provisions of the law on investment and relevant laws.

Ministries, branches and the People's Committee of Ba Ria - Vung Tau province are responsible for the content of investment policy appraisal according to their functions and tasks as prescribed by the Investment Law and relevant laws.

The Deputy Prime Minister assigned the People's Committee of Ba Ria - Vung Tau province to allocate land according to the planning, land use plan and seaport development plan approved by competent state agencies to investors to implement the project in accordance with the provisions of the law on land.

The Ministry of Construction urgently approves the detailed planning for the development of land and seaport areas in Ba Ria - Vung Tau according to the provisions of law for investors to use as a basis for investment implementation.

The Ministry of Agriculture and Environment is responsible for supporting and guiding Ba Ria - Vung Tau province in land allocation, land lease, permission to change land use purposes, and change forest use purposes to other purposes to implement the project to ensure compliance with the planning.

Source: https://www.baogiaothong.vn/chap-thuan-chu-truong-dau-tu-cang-long-son-my-xuan-hon-23-nghin-ty-dong-192250319190040667.htm