Ho Chi Minh City Approves $5B MSC Container Terminal
Vietnam’s transshipment port project Can Gio International has made progress, with Ho Chi Minh City this week approving the consortium to lead its development. The partners under the consortium are led by MSC’s Terminal Investment Limited (TIL) with a 49% stake, Vietnam Maritime Corporation with 36% and Saigon Port, a subsidiary of VIMC, with 15%. The joint venture will see the development of Vietnam’s biggest transshipment port, with Ho Chi Minh City looking to raise its status as a global...
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