14 July 2017

Vietnam seeks further Japanese support for important transport projects

Vietnam is seeking the Japanese government’s support for important transport projects, including the North-South Expressway, North-South High-Speed Railway, metro lines, and Long Thanh International Airport.

Minister Truong Quang Nghia held talks with Hiroshi Narahira, Deputy Minister of MLIT

Minister of Transport Truong Quang Nghia made the proposal to Hiroshi Narahira, Deputy Minister of Land, Infrastructure, Transport and Tourism (MLIT) at a meeting on July 13.

Hiroshi Narahira said that Japan is interested in sharing experience and joining transport development in Vietnam, thus strengthening bilateral ties.

At the 5th vice-ministerial level meeting in the transport sector between the two ministries held on the same day, the two sides reviewed their cooperation programmes in infrastructure investment, human resources training, railway, navigation, and aviation.

5th vice-ministerial level meeting in the transport sector

Specific projects in the cooperation programmes included the technical support for prefeasibility study of the North-South High-Speed Railway project, support for investment study for metro lines 1, 2 in Hanoi and Metro Line 2 in Ho Chi Minh City, Terminal 2 of Noi Bai International Airport, Nhat Tan Bridge and Nhat Tan-Noi Bai Road, as well as many key seaport infrastructure projects, such as Cai Mep-Thi Vai, and Lach Huyen Port.

“In the next two years, we expect that Japan will continue supporting railway projects, such as the feasibility study of the North-South High-Speed Railway project, as well as those in aviation, navigation, and logistics,” said Deputy Transport Minister Nguyen Ngoc Dong.

Hiroshi Narahira, in response, said that Japan is willing to share experience and cooperate with Vietnam in transport development projects.

“Japanese businesses are keen on the North-South High-Speed Railway project and Long Thanh International Airport,” he noted.

At the meeting, the two sides also discussed persistent problems in some transport projects as well as the public-private partnership (PPP) investment model, especially the policies to ensure investors’ legitimate rights.

By Bich Thuy



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