The Ho Chi Minh City People’s Committee has granted in-principle approval for the Cai Mep Ha container and general port project and approved a consortium comprising Geleximco Group, International Transport and Trading Corporation (ITC Corp), and State Capital Investment Corporation (SCIC) as the project’s investors.
The project will be developed in the Cai Mep–Thi Vai port area, Ba Ria–Vung Tau, with a total investment of VND50.82 trillion. Of this, VND7.62 trillion (15 per cent) will be contributed as equity by the investors, while the remaining VND43.2 trillion (85 per cent) will be mobilised from other financing sources. Development is planned in three phases, with Phase 1 (2025–2030) covering construction and commissioning of the first berth, scheduled to enter operation in Q4 2028 with an initial capacity of 2 million TEUs per year.
In subsequent Phase 2 (2031–2040) and Phase 3 (2041–2050), the port will be expanded to reach a total handling capacity of 10.8 million TEUs annually. The project will occupy 351.2 hectares, including 229.4 hectares for container terminals and 121.8 hectares of water area. Once completed, the port will be capable of accommodating container vessels of up to 250,000 deadweight tonnes (24,000 TEUs), as well as feeder vessels and barges serving coastal and inland waterways. The Cai Mep Ha port is positioned as a gateway port and international transhipment hub, supporting Vietnam’s long-haul export–import container trade.
Following approval, city authorities said investors are responsible for ensuring regulatory compliance, securing financing in line with committed timelines, and completing all procedures related to land use, environmental protection, construction, and planning. Relevant departments will oversee implementation to ensure adherence to approved plans. The project is also aligned with Ho Chi Minh City’s plan to establish a free trade zone linked to Cai Mep Ha, reinforcing the port’s role in regional logistics and international trade.
