Proposal to approve investment policy for 4 more Lach Huyen ports with capital of 24,846 billion VND

A corner of Lach Huyen Port.

The Ministry of Finance has just issued Report No. 269/BC - BTC to the Government leaders on the results of the appraisal of the investment policy for the Investment Project to build ports No. 9, No. 10, No. 11 and No. 12 - Lach Huyen Wharf Area, Hai Phong City.

Based on the project dossier and appraisal opinions of relevant agencies, the Ministry of Finance assesses that the dossier of the Investment Project to build Wharfs No. 9, No. 10, No. 11 and No. 12 - Lach Huyen Wharf Area, Hai Phong City is eligible to be submitted to the Prime Minister for approval of the investment policy according to the provisions of Clause 1, Article 3 of the Investment Law, Clause 7, Article 32 of Decree No. 31/2021/ND-CP.

Therefore, the Ministry of Finance recommends that the Prime Minister consider and approve the investment policy of the Project in accordance with the provisions of the law on investment.

Specifically, the Project includes the construction of 4 container ports No. 9, No. 10, No. 11 and No. 12 with a total berth length of 1,800m (450m/berth), receiving container ships with a capacity of 12,000 to 18,000 TEU and a 400m berth to receive barges to collect and unload goods by inland waterway; construction of a system of container yards, repair workshops, roads, auxiliary works and synchronous technical infrastructure works to ensure all port operations; investment in modern, specialized cargo handling and loading equipment for port operations; land use scale (water surface) of about 146.2 hectares.

The total investment capital for the project is VND 24,846 billion, divided into 2 phases. Phase 1 (2026 - 2030) will build container ports No. 9 and No. 10; Phase 2 (2031 - 2035) will build container ports No. 11 and No. 12. 1.8.

Project implementation progress from 2026 to 2035. The project's operating period is not more than 70 years. Investment incentives and support are implemented according to current law provisions.

Regarding the form of investor selection, the Ministry of Finance proposes to assign the People's Committee of Hai Phong City to carry out the procedures for approving investors according to the provisions of Point d, Clause 7, Article 29 of Decree No. 31/2021/ND-CP (amended at Point c, Clause 2, Article 68 of Decree No. 115/2024/ND-CP).

According to the assessment, the investment in ports in Hai Phong international gateway port plays an important role, meeting the requirements for developing the marine economy in Hai Phong city and neighboring provinces; helping to transport goods from Vietnam directly to European and American markets; contributing to attracting many foreign investors to develop service industries, logistics, port logistics... worthy of being an international port, a gateway to the sea.

The investment in the Project will contribute to modernizing port infrastructure, improving loading and unloading capacity, boosting cargo flow through the port, creating more jobs for local workers and neighboring areas, attracting a skilled workforce in the field of port logistics services...

The project, once in stable operation, will contribute to the local budget, estimated at about 10,000 billion VND per year, creating about 800 jobs for local workers.

In addition, the investor's proposal for a project with a scale of 4 continuous wharves, with a total length of 1,800m, creates flexibility in mobilizing, exploiting, and arranging ship schedules in and out of the wharf, which can accommodate 4 container ships up to 18,000 teus or 06 container ships of 6,000-8,000 teus at the same time.

This is a favorable condition to attract many shipping lines with large container ships (mother ships), increasing the ability to handle large volumes of goods, contributing to reducing logistics costs for import and export goods; improving the competitiveness, quality and ranking of logistics services of Hai Phong City.

Source: https://baodautu.vn/de-xuat-chap-thuan-chu-truong-dau-tu-them-4-ben-cang-lach-huyen-von-24846-ty-dong-d314133.html