AsemconnectVietnam - The Board of Directors of Sonadezi Giang Dien Joint Stock Company (SZG) has approved the plan to implement a container depot project on a 14.24-hectare plot of land in Phuoc An Industrial Park, with a total investment of VND1,227.28 billion after tax, including the land lease value for the entire area.

The Board of Directors of Sonadezi Giang Dien also approved the plan for Phuoc An Port Exploitation and Oil and Gas Joint Stock Company (PAP) to invest in and construct the depot infrastructure on the entire 14.24-hectare area.
According to the approved plan, SZG and PAP will adjust the land lease contract by signing an addendum on March 24, 2026, which stipulates the handover of future assets attached to the land leased by SZG.
After completing the investment, construction, acceptance testing, and meeting all legal requirements, PAP will hand over the completed site and depot infrastructure to SZG for management and operation.
The project is divided into two phases to optimize capital utilization.
Phase 1 covers approximately 6 hectares, with PAP expected to complete the handover of the site and depot infrastructure to SZG no later than December 31, 2026, for business and operation.
Phase 2 covers approximately 8.24 hectares, with expected completion and handover no later than December 31, 2027, based on meeting all legal requirements regarding land, investment, construction, technical aspects, acceptance testing, and operation.
The SZG Board of Directors has assigned the General Director to directly negotiate and sign the contract addendum with PAP. The unit price for implementation must not exceed the ceiling of 2.5 million VND/m², and the total contract value must not exceed the approved total investment.
The General Director is also tasked with proactively implementing the procurement of machinery and equipment and establishing a depot operation and management department within the approved budget.
Source: VITIC/Bao Tai chinh – Dau tu