Ba Ria-Vung Tau province is 125 km southeast of Ho Chi Minh City. If the proposals are approved, it will become the site of two large ports capable of receiving ships of 80,000 dwt. Currently, Vietnamese ports can only accommodate ships below 50,000 dwt.
To be located upstream of the Cai Mep International Container Port, the Saigon Port joint venture with Maersk will cost US$187m in investment capital for the construction of two berths. When completed in 2010, the berths will be able to handle 950,000 teu annually.
The joint venture with PSA, located downstream from the Thi Vai International General Port, will cost US$165m for the first phase, ending in 2010, and US$133m for the second phase, to be completed in 2017. Four berths will be built in the two stages to give an annual throughput capacity of 1.5m teu.