Nearly 96,000 billion VND for the HCM City logistics project
Ho Chi Minh City Department of Industry and Trade has just submitted to the People’s Committee of Ho Chi Minh City for approval the project to develop the logistics industry in Ho Chi Minh City until 2025, with a vision to 2030.
This project is one of 45 projects under the breakthrough and key program of the Resolution of the 11th Ho Chi Minh City Party Congress (term 2020 – 2025).
IDENTIFICATION OF INFRASTRUCTURE RESTRICTIONS
According to the content of the project, the research results of the Vietnam Logistics Business Association (VLA) show that in 2017 the ratio of logistics costs to national GDP was 18%. In Ho Chi Minh City, the growth rate of logistics service revenue of enterprises in 2018 reached 12%, in 2019 reached 14.7%; That proportion contributing to the GRDP in 2018 is estimated at 8.3% and in 2019 approximately 8.7%.
Ho Chi Minh City has more than 1,500 warehouses but most of them are developed spontaneously, with uneven scale, ineffective exploitation and unprofessional operation. Regarding sea transport, Tan Cang Cat Lai cluster in Dong Nai river is overloaded, traffic is congested at rush hour; while the Tan Cang Hiep Phuoc cluster on the Soai Rap river is small with negligible output.
In general, the port cluster in the Ho Chi Minh City area lacks connectivity, the access channel and the depth of the berth are often narrow and shallow, which limits ships with large tonnage to operate.
Meanwhile, the airport and cargo terminal through Tan Son Nhat international airport have limited traffic time, often stuck …
Currently, the transport system connecting Ho Chi Minh City with other areas is mainly through the overcrowded highway, while the slow implementation of the expressway projects, the closed belt route reduces capacity. freight. According to VLA research, the structure of logistics costs in Vietnam includes 60% of transportation costs, 21% for handling activities and 12% for warehousing. Road transport accounts for more than 77% of the transport market share, but the imbalance between the way out and about causes a great waste …
7 LOGISTICS CENTER ESTABLISHED
According to the project’s assessment, the logistics industry in Vietnam has many advantages and potentials for development in the coming time. The country has about 4,000 professional enterprises, the world’s leading multinational logistics enterprises have had mites in Vietnam. Although the market size is small (about 2 – 4%), the growth rate is up to 20-25% with abundant human resources, mostly young dynamic generation with fast access to technology. With its position close to the coast, Vietnam’s logistics industry is forecasted to have a strong development potential, possibly reaching 80 – 105 TEU by 2030.
Through analysis and assessment of the limitations and advantages of the logistics industry, the project sets a target that the growth rate of revenue from logistics services of Ho Chi Minh City enterprises will reach 15% by 2025 and 20% by 2030. the proportion contributing to the GRDP in 2025 reaches 10% and increases to 12% by 2030; thereby contributing to reducing the average logistics cost of the country to 10 – 15% by 2025. The total capital demand for the development of the logistics industry in the period 2020 – 2030 is about 95,800 billion VND to invest in logistics infrastructure, technology. information, human resource training …
Accordingly, the project will contribute to promoting the closed construction of ring roads and highways connecting Ho Chi Minh City with southern provinces, promoting freight transport by waterways and railways, increasing Strengthening multimodal transport connections to logistics centers.
Notably, the project proposes to establish a system of logistics centers in 7 locations, including: Long Binh, Cat Lai, High-Tech Park (District 9), Linh Trung (Thu Duc District), Tan Kien (H Binh Chanh), Hiep Phuoc (H. Nha Be) and in Cu Chi district with the total area from 2025 to 2030 reaching about 270-623 ha. The project also aims at improving the competitiveness of logistics enterprises, expanding international markets, participating in the supply chain of key products …
Source: baothanhnien
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