The Can Gio international transshipment port project in the namesake outlying district of Ho Chi Minh City is expected to create tens of thousands of jobs and contribute VND34-40 trillion (US$1.4-1.7 billion) to the state budget per year, according to the municipal Department of Transport’s study of the port project.

The study sent to the municipal People’s Committee showed that the port will create jobs for some 6,000-8,000 laborers on the spot and tens of thousands of employees in logistics services.

The port will be built on Con Cho Islet in the Cai Mep Estuary, located in Can Gio District.

The area is isolated from adjacent areas and has favorable connectivity with navigational channels and waterways.

The Can Gio international transshipment port will span some seven kilometers and be capable of receiving container vessels up to 250,000 deadweight tonnage (DWT) or 24,000 twenty-foot equivalent units (TEUs).

The port, which carries a price tag of over VND124 trillion ($5.3 billion), will use electricity for its operations to become the first green port in Vietnam.

Preparations for the development of the port will be done by 2024, while the construction of the port will last from 2024 to 2026.

The port is expected to be put into operation in 2027.

By 2030, Ho Chi Minh City will have built Can Gio Bridge linking Can Gio and Nha Be Districts, expand Rung Sac Road in Can Gio, and connect the road with the Ben Luc-Long Thanh Expressway.

The city will later develop roads connecting the port with Rung Sac Road, an elevated road along Rung Sac Road, and a metro line connecting the Can Gio sea urban area and the city’s fourth metro line planned to stretch from District 12 to Nha Be District.

The development of the Can Gio international transshipment port is vital in the 2021-23 period to enhance Vietnam's competition with other regional countries and create breakthroughs in the development of the marine economy in the southern key economic zone and the whole country, according to the Ho Chi Minh City Department of Transport.

The port, when in place, is expected to attract huge investment from enterprises to develop modern infrastructure facilities.

The Mediterranean Shipping Company (MSC), the world's largest shipping company, has expressed its interest in investing in the port project.

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