A Ministry of Transport (MoT) report shows by the end of this year 18 Japanese-funded transport projects valued at US$2.34 billion have been completed and put into operation.
Japan is currently helping Vietnam implement 28 other transport projects totalling US$7.42 billion, and working with other donors to channel approximately US$4 billion into three other big transport projects.
MoT has completed a list of 29 urban transport, seaport, highway, aviation and railways projects calling for Japanese ODA worth around US$6 billion in the 2013-2016 period.
Among these projects are the Trung Luong-My Thuan and Nha Trang-Phan Thiet sections of the North-South highway, Long Thanh International Air Terminal, and Hanoi-Noi Bai railways line.
The Ministry of Transport and the Japan International Cooperation Agency (JICA) have announced three major projects to receive Japanese ODA in the 2013 fiscal year (second phase).
They are the HCM City-Dau Giay highway, Danang-Quang Ngai highway, and Haiphong city’s Lach Huyen port. They are considered large, key transport infrastructure projects that are expected to give the inter-regional transport system a facelift.
Given domestic budget limits, Japanese ODA at low interest rates is still valuable to Vietnam in the near future, according to Truong Tan Vien, Deputy Minister of Transport.
VOV
Japanese ODA crucial to transport infrastructure upgrade
The transport sector is the largest recipient of Japan’s official development assistance (ODA) this year, hitting nearly JPY80 billion (roughly US$776 million).
A Ministry of Transport (MoT) report shows by the end of this year 18 Japanese-funded transport projects valued at US$2.34 billion have been completed and put into operation.
Japan is currently helping Vietnam implement 28 other transport projects totalling US$7.42 billion, and working with other donors to channel approximately US$4 billion into three other big transport projects.
MoT has completed a list of 29 urban transport, seaport, highway, aviation and railways projects calling for Japanese ODA worth around US$6 billion in the 2013-2016 period.
Among these projects are the Trung Luong-My Thuan and Nha Trang-Phan Thiet sections of the North-South highway, Long Thanh International Air Terminal, and Hanoi-Noi Bai railways line.
The Ministry of Transport and the Japan International Cooperation Agency (JICA) have announced three major projects to receive Japanese ODA in the 2013 fiscal year (second phase).
They are the HCM City-Dau Giay highway, Danang-Quang Ngai highway, and Haiphong city’s Lach Huyen port. They are considered large, key transport infrastructure projects that are expected to give the inter-regional transport system a facelift.
Given domestic budget limits, Japanese ODA at low interest rates is still valuable to Vietnam in the near future, according to Truong Tan Vien, Deputy Minister of Transport.
VOV
A Ministry of Transport (MoT) report shows by the end of this year 18 Japanese-funded transport projects valued at US$2.34 billion have been completed and put into operation.
Japan is currently helping Vietnam implement 28 other transport projects totalling US$7.42 billion, and working with other donors to channel approximately US$4 billion into three other big transport projects.
MoT has completed a list of 29 urban transport, seaport, highway, aviation and railways projects calling for Japanese ODA worth around US$6 billion in the 2013-2016 period.
Among these projects are the Trung Luong-My Thuan and Nha Trang-Phan Thiet sections of the North-South highway, Long Thanh International Air Terminal, and Hanoi-Noi Bai railways line.
The Ministry of Transport and the Japan International Cooperation Agency (JICA) have announced three major projects to receive Japanese ODA in the 2013 fiscal year (second phase).
They are the HCM City-Dau Giay highway, Danang-Quang Ngai highway, and Haiphong city’s Lach Huyen port. They are considered large, key transport infrastructure projects that are expected to give the inter-regional transport system a facelift.
Given domestic budget limits, Japanese ODA at low interest rates is still valuable to Vietnam in the near future, according to Truong Tan Vien, Deputy Minister of Transport.
VOV
