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Authorities at a meeting reviewing project progress in the area discussed Ham Giang Construction Co., Ltd., which is owned by Mr. Trầm Bê. The company is implementing a portfolio of four key infrastructure projects covering a total area of 468 hectares.
According to a report from the Department of Finance, the registered investment for these projects totals more than 5,919 billion VND. The funding is mainly directed toward port facilities, industrial zones, and residential infrastructure.
The central component of the ecosystem is the Định An multipurpose port area project. The plan is to build three berths capable of receiving vessels with a deadweight tonnage of 50,000 DWT, together with a fuel and storage system.
Construction began in 2017 and was originally expected to be completed in 2023. However, the project has so far reached only about 62% of the volume of Berth No. 1, while Berths 2 and 3 have not yet been implemented. The project is described as a key link in the logistics chain to shift agricultural and aquatic products from the Mekong Delta to international markets.
In addition to Định An, the portfolio includes three other projects that have experienced long delays.
Explaining the progress, Mr. Trầm Bê said the company has invested substantial financial resources into the projects, particularly the Định An Port area, but execution has encountered many objective difficulties. The investor said it wishes to continue maintaining the projects and requested government support to resolve obstacles.
Mr. Trầm Bê also proposed widening connecting roads to the port area to improve coordination with the transport infrastructure system.
In response to the enterprise’s reporting, provincial leaders asked Ham Giang to quickly streamline its organizational structure and prepare detailed progress plans for each component.
For the Định An port area, the investor was required to clearly identify the funding source and provide a plan to complete the project and bring it into operation by 2027. The authorities also stated they would support upgrades to overall connectivity infrastructure, while requiring the company to commit firmly to its ability to execute the unstarted projects to avoid wasting land resources.
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