CAN GIO SHIPYARD

Constructing shipyard factory with minimum capacity 20,000 DWT, repairing the shipyard up to 50,000 DWT.

Investor: Saigon Transportation Mechanical Corp. (SAMCO)

Address: 262 Tran Hung Dao Street, District 1, HCMC, Vietnam.
Tel: (84 - 8) 9200408, Fax: (84-8 9201876)
E-mail: dungntt@samco.com.vn
website: www.samco.com.vn

Performance location: Binh Khanh Commune, Can Gio Dist., Ho Chi Minh City.
Project purpose: Constructing shipyard factory with minimum capacity 20,000 DWT, repairing the shipyard up to 50,000 DWT
Project size: 150 ha
Total investment expectation: USD 387,000,000
Project period: 2008-2010
Purpose of investment attraction: Capital Contribution for management and exploitation of this project
Forms of investment: Cooperation or joint venture.
Legality of project: In March, 2007 The Committee of Ho Chi Minh City People agreed a policy to appoint SAMCO to be an investor
Current condition of project:

Signed contract survey to perform compensation, premise clearance and leasing land
Urban Plan 1/2000 is doing completion
Signed contract with local Compensation and Premise Clearance Unit to perform compensation and premise clearance.