HCM City calls for investment in waterway, seaport projects
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HCM City calls for investment in waterway, seaport projects

Economy, Vietnam, Vietnam Finance News

VNA
Wednesday, May 23, 2018 – 11:02:00 Print

Ho Chi Minh City is calling for investment in waterway and seaport projects (Illustrative image: VNA)

HCM City (VNA) – Ho Chi Minh City is calling for investment in waterway
and seaport projects.

According to the municipal Department of
Transport, the city plans to organise a seminar on investment in waterway and
seaport projects in June.

At present, the city is drafting a planning
scheme for seaport and waterways system until 2030, which is expected to be
passed in the second quarter of 2018.

A project to upgrade Sai Gon waterway from
Binh Loi bridge to Ben Suc port will also be carried out under
Build-Operate-Transfer (BOT) contract to develop the transportation of
passengers and goods from Binh Duong province, and the city’s Cu Chi district
to the city’s centre and Cai Mep-Thi Vai port in Ba Ria-Vung Tau province.

In addition, HCM City is considering
investing in public passenger transport routes by waterway from the city
downtown to Districts 2, 7, 9 and 12, and Nha Be and Go Vap districts, after
the two river bus services which were put into operation last year.

At the Transport Department’s press
conference on May 22, the department’s representative also informed
participants of the progress of several transport projects.

Construction on a bridge crossing Kim Cuong
islet from Thanh My Loi residential area to Mai Chi Tho street will finish by
the end of May.

The first phase of the new eastern bus
station project will be put into operation this year, while its second phase
will be complete by 2025. For the new western bus station project, ground
clearance compensation is being conducted.-VNA

QBCA

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