Mr. Nguyen Van Tho, the chairman of Ba Ria – Vung Tau province People’s Committee, has recently suggested that the Prime Minister allocate the Ministry of Planning and Investment to direct and coordinate with other ministries and relevant authorities to consider proposals from Besix – IPEI – Boskalis – Hateco investors on Cai Mep Ha logistics center project.
As per the Chairman’s report, this large-scale project will cover a total area of 1,763ha, including: a logistics center and Cai Mep Ha wharf downstream (984.24ha); water surface area (455.77 ha); reserved land for a clean energy warehouse (197.65ha); potential water surface area (125.34ha).
The total capital for this project is estimated at VND 19,200 billion, not including land clearance costs.
The Cai Mep Ha logistics center and wharf downstream are located in an internationally strategic area with ability to handle vessels of 200,000 – 250,000 DWT.
Mr. Tho shared that this project was expected to become a new international transshipment port, directly competing with regional main ports like Singapore, Hongkong and Shanghai. Moreover, there will possibly no need for cargo moving to/from Vietnam on long-haul journeys to transship via ports of a 3rd country, but they can catch vessels with direct routes instead. This will be of great assistance in reducing time and costs for stakeholders.
Investors from Belgium and Netherlands have continuously applied to participate in this project
The Cai Mep Ha logistics center is attracting the attention from Belgium and Netherlands’ governments, who have sent a number of diplomatic notes expressing their desire to partake in this project as investors under the form of “joint name” among 4 companies: Besix – IPEI (Belgium) – Hateco (Vietnam) – Boskalis (Netherlands).
Specifically, during the business visit to Belgium on Oct 16th, 2018, Prime Minister Nguyen Xuan Phuc and Belgium Prime Minister Charles Michel witnessed the MOU signing ceremony between Hateco Logistics and IPEI N.V to take charge of doing research on this project. After that, the Netherlands ambassador also sent 02 diplomatic notes proposing cooperation among Vietnam – Belgium – Netherlands in Cai Mep Ha logistics center.
In May 2019, the ambassador of Belgium dispatched a note on the cooperation between Belgium and Vietnam to develop the Cat Mep Ha logistics center project.
In Sep 2019, the ambassadors of Belgium and Netherlands continued to send letters to the Prime Minister with desire to organize a meeting in order to propose Vietnam government to consider selecting previously nominated EU-VN investors and discuss on the process of implementing the project of Cai Mep Ha logistics center.
In response to the enthusiastic proposals from Belgium and Netherlands ambassadors, the Government Office has assigned Ba Ria – Vung Tau province People’s Committee to submit the most feasible solutions to the Prime Minister, accelerating the implementation of this project.
The Cai Mep Ha logistics center is also awaiting opinions from the Prime Minister and the Ministry of Planning and Investment.
On Sep 15th, 2020, Ba Ria – Vung Tau province People’s Committee issued Decision No. 2802, approving of the 1/2000 planning of Cai Mep Ha logistics center located in Phuoc Hoa ward, Phu My town. The province also allocated Phu My town’s Department of Resources and Environment to coordinate with other relevant authorities to prepare and approve of the land utilization plan, examining land origin, and seeking an effective solution of land clearance and compensation.
The chairman of Ba Ria – Vung Tau People’s Committee also showed support to investors with strong financial capacity and wide investment experience in operating logistics centers to join this project./
Translated by: Dandelion