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Granting investment certificates to 2 joint venture projects at Hai Phong Port

Việt NamViệt Nam15/11/2024

On the afternoon of November 14, in Hai Phong city, General Secretary To Lam and the Central Working Delegation witnessed the ceremony of granting Investment Registration Certificates to projects in the Port City with a total investment of 1.8 billion USD.

General Secretary To Lam; members of the Central working delegation and leaders of Hai Phong city congratulated the investors.

Accordingly, the Hai Phong City People's Committee granted Investment Registration Certificates to 12 typical new and expanded investment projects in November 2024 in industrial parks and economic zones in Hai Phong; the total investment capital attracted increased by 1.8 billion USD. The projects with increased capital and investment expansion are expected to create about 17,000 more jobs in Hai Phong in the coming time. Notably, there are two joint venture projects between Hai Phong Port Joint Stock Company and foreign partners, including Terminal Investment Limited (TIL) under the Swiss MSC Group and SITC Logistics (HK)/SITC Dinh Vu. These two projects not only improve the capacity and service capacity of the port but also mark an important milestone marking a new step in the international integration process of Vietnamese seaports.

Comrade Le Tien Chau, Secretary of the City Party Committee and Comrade Nguyen Van Tung, Chairman of Hai Phong City People's Committee awarded the Investment Registration Certificate to the Joint Venture between Hai Phong Port Joint Stock Company and TIL.

The joint venture between Hai Phong Port Joint Stock Company and TIL has a total investment capital of 156 million USD, focusing on the exploitation of two container terminals No. 3 and 4 at Hai Phong International Gateway Port in Lach Huyen. This project is strategic in helping to improve the port's container capacity, optimizing the maritime supply chain for important shipping routes in the Asia-Pacific region. MSC Group, a major partner of the project, is one of the largest shipping lines in the world, so the project has strong prospects in connecting important shipping routes.

Comrade Le Tien Chau, Secretary of the City Party Committee and Comrade Nguyen Van Tung, Chairman of Hai Phong City People's Committee awarded the Certificate of Registration for Establishment of Smart Logistics Service Company Limited.

The second project is a joint venture between Hai Phong Port Joint Stock Company and investor SITC Logistics (HK)/SITC Dinh Vu Company Limited, focusing on warehousing and logistics services, with a total investment capital of 20 million USD. The joint venture, named Smart Logistics Service, will operate on an area of ​​10,000 m2, expected to achieve revenue of 100 million USD/year. This project will strengthen the city's logistics system, facilitate warehousing business activities and support businesses in the International Gateway Port Industrial Park.

The two joint venture projects above not only demonstrate Hai Phong's international investment attraction but also bring positive impacts to Vietnam's maritime industry. These projects are in line with the development strategy of Hai Phong Port to promote international cooperation, enhance competitiveness and apply modern technology. With the participation of large corporations such as MSC and SITC, Hai Phong Port is gradually realizing its expansion and modernization plan, thereby forming the foundation for the goal of becoming an international logistics center, strongly connecting with major shipping lines and seaports in the world. The upcoming orientation of Hai Phong Port will focus on attracting advanced technology and logistics projects, aiming to build modern, environmentally friendly port infrastructure and comply with sustainable development standards.
Source: https://vimc.co/trao-giay-chung-nhan-dau-tu-cho-2-du-an-lien-doanh-tai-cang-hai-phong/

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