Japan Keen on Series of Transport Projects in Vietnam

Vietnam is striving to expand its transport network to accommodate trade and economic growth.

The Japanese government has shown interest in participating in or collaborating with the Vietnamese side in developing a wide range of sizable transport projects in Vietnam as the Southeast Asian country seeks to beef up its infrastructure network.

At a meeting with the Vietnamese Ministry of Transport in Hanoi on December 12, State Minister of Land, Infrastructure, Transport and Tourism Takao Makino affirmed that the Vietnamese government is willing to share its experience and support Vietnam in developing the transport system.

Japan hopes to join Vietnam in a number of projects such as the feasibility study of the Long Thanh International Airport, the expansion of the Tan Son Nhat Airport, the North-South high-speed railway, a number of segment of the North-South expressway under the public-private partnership format, and the Hanoi-Vientiane expressway, Makino said.

Further, Japan wants a stake in other projects such as the Lach Huyen sea port in Hai Phong city, and speed up urban railways in Hanoi being funded by China and France, the Makino added.

Vietnamese Transport Minister Nguyen Van The highly appreciated Japan’s interest and pledged to create favorable conditions if Japanese contractors win contracts in Vietnam.

Vietnam is one of the biggest Asian spenders for infrastructure as the country strives to expand its transport network to accommodate trade and economic growth.

Tuan Minh / BizLIVE