Rapid development of transport system in the last five years in the Mekong Delta has improved passenger and cargo transportation and contributed to regional growth.
Phu Quoc International Airport in the Mekong Delta province of Kien Giang (Photo: VNA)
HCM City (VNA)💯 - Rapid development of transport system in the last five years in the Mekong Delta has improved passenger and cargo transportation and contributed to regional growth.
Since 2010, total regional passenger transportation has reached 4.6 billion, an annual increase of 4.4 percent and 468 million tonnes of cargo, an annual growth of 4.9 percent.
During the 2010-2015 period, the central government invested around 59 trillion VND (2.6 billion USD) for transport construction in the Mekong Delta.
In addition, other financial resources were channeled into transport and infrastructure construction, including five ODA projects with a capital of 39 trillion VND (nearly 1.73 billion USD) to link Rach Gia city, Mekong Delta provinces of Kien Giang and Ca Mau , Vam Cong and Cao Lanh bridges in Dong Thap province.
Seven other projects under the BOT model at a total investment of 23 trillion VND (1.02 billion USD) are under construction.
The Ministry of Transport has finished four aviation projects at investment of 5.4 trillion VND (240 million USD), with annual growth of 16.5 percent for passengers and 187 percent for cargo in airline transport.
The completion of Can Tho and Phu Quoc international airports has created favourable conditions for Mekong Delta to approach the rest of the world.
"In the past, waterways were the most popular means of transportation from the Mekong Delta region to HCM City and other regions. But now, local residents can fly abroad from Can Tho or Phu Quoc. It's fantastic," Nguyen Van The, Secretary of Soc Trang Province's Party Committee, was quoted as saying in the Sai Gon Giai Phong (Liberated Sai Gon) newspaper.
"If the Mekong Delta wants to develop, transport infrastructure must be good enough, especially for domestic waterways, the strength of the Delta," Deputy Prime Minister Vu Van Ninh said.
He said the seaport system and waterway routes were the most convenient and cheapest transportation.
In the coming time, the Government will continue to invest in important construction projects in the region, and complete a legal framework to lure more social capital.
During the 2016-2020 period, public investment will be reduced and more ODA and other capital resources will be sought. Total needed capital will be 86.5 trillion VND (3.8 billion USD), of which 65 trillion VND (2.88 billion USD) will be spent for road systems.
Domestic waterways will receive more attention, and a railway system will possibly be built in the region.-VNA
The Cuu Long (Mekong) Delta in general and An Giang province in particular have favourable conditions to develop waterway transport systems that will boost commerce and ease road traffic congestion in tandem.
The World Bank (WB) on January 30 approved an additional credit of 156 million USD for an underway project to develop transport infrastructure in the Mekong Delta.
Seven urgent transport projects funded by official development assistance will receive capital injections totalling 2-2.5 trillion VND (95-119 million USD) in 2014’s first round of advancing reciprocal capital for projects, probably soon after April 30, the Vietnam Investment Review (VIR) reported on April 15.
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The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Phu Quoc International Airport in the Mekong Delta province of Kien Giang (Photo: VNA)
