HCM City aims to position logistics as a sector of significant importance in the city's economy. — VNA/VNS Photo

HCM CITY — The HCM City People's Committee has issued a plan to enhance investment in logistics infrastructure development and increase port handling capacity and warehousing.

It also seeks to proactively engage in global supply chains to establish a regionally significant logistics service centre.

The HCM City People's Committee requires the plan to align with the city's approved strategies and blueprints for socio-economic growth and commercial and service infrastructure.

Investment projects must be executed consistently, effectively, transparently, fairly and in compliance with the law.

The plan emphasises the mobilisation of maximum social resources, encouraging private sector investment by providing favourable tax conditions, land use and administrative procedures.

The focus will be on transitioning to green logistics within the supply chain, which will help in the efficient transportation of goods while minimising emissions and pollution, contributing to environmental sustainability.

It is considered a crucial condition for development and integration, helping businesses increase competitiveness and achieve sustainable growth.

Priority will be given to projects applying Industry 4.0 technologies, high-tech solutions, digital transformations, green energy and environmental protection measures.

By 2030, HCM City aims to position logistics as a sector of significant importance in the city's economy, capitalising on global supply chain opportunities.

The goal is to turn the city into a logistics service hub for southeast Asia.

With a particular emphasis on investing in and developing a modern and synchronised logistics infrastructure and port system, the goal is for enhanced connectivity among economic, industrial, commercial, service and distribution hubs, for the southeast region and the southern Key Economic Zone.

By 2045, the city seeks to develop logistics into a pioneering and sustainable economic sector, striving to become a logistics service hub for Asia and the world.