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Economics

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JICA further supports traffic infrastructure development projects in Binh Duong

On the afternoon of December 13, Vo Van Minh, Vice-Secretary of provincial Party Committee, Chairman of provincial People's Committee and leaders of some departments and sectors in the province, Becamex IDC received and worked with a delegation of the Japanese International Cooperation Agency (JICA), led by Hayakawa Yuho, Director General of the Southeast Asia and Pacific Department.

Vo Van Minh (right), Vice-Secretary of provincial Party Committee, Chairman of provincial People's Committee receives the JICA’’s delegation

Speaking at the working session, Mr.Minh said that Binh Duong has had fast growth in economy and urban areas. And, Japan is a major investor in Binh Duong with 350 enterprises, total investment capital of US$6 billion with many large corporations and companies, namely Aeon, Tokyu… Currently, Binh Duong is focusing on developing industrial parks and new urban areas in the northern districts; planning to develop its railway line transporting goods and passengers from Song Than in Di An city connecting through Bau Bang district to Binh Phuoc province.

In addition, the railway project from Song Than to Cai Mep port, with a length of about 66km, will be deployed by the Ministry of Transport in the near future. Song Than station will become an important connection and transit point to reduce the load on the road. In parallel with the BRT bus route project being considered for funding by JICA, the planning of the urban Metro line is appropriate and necessary in the near future for the planning and development of the province's traffic infrastructure. The Chairman of provincial People's Committee wanted that JICA will further  accompany the province in consulting and building a Metro line from Suoi Tien in Ho Chi Minh city to connect with Binh Duong new city.

Mr. Hayakawa Yuho expressed his impression on Binh Duong's industrial urban development speed and many projects of Japanese enterprises investing effectively in the province. He believed that with synchronous and modern infrastructure, Binh Duong will be the focal point for FDI attraction in the region. He welcomed and highly appreciated the idea and vision of Binh Duong's traffic infrastructure planning while adding that he will cooperate and accompany the province to further consider funding traffic infrastructure development projects. With the project of extending Metro line from Suoi Tien to Binh Thang ward in Di An city by 1.8km, JICA will be ready to consider and solve capital sources to implement it at the request of the investor…

Reported by Minh Duy-Translated by Minh Duy

Tags: JICA

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