Mekong Delta: Preparing to invest in many big transport projects

The Ministry of Transport has developed five national specialized master plans for 2021 – 2030, with a vision to 2050 on roads, railways, maritime, inland waterways, and aviation. Accordingly, from 2021 to 2025, the Mekong Delta is expected to be allocated about 50,690 billion VND, accounting for 20% of the total investment capital of the transport industry.

According to Minister of Transport Nguyen Van The, the Mekong Delta region has nearly 20 million people living and is favored by nature, which is very suitable for agricultural development; However, the growth rate did not meet expectations.

PRIORITY INVESTMENT PROJECTS IN THE TIME

According to the Ministry of Transport, from 2021 to 2030, the ministry proposes to the Government to prioritize investment in projects in the Mekong Delta to meet socio-economic development needs and ensure national security prevention and increase the proportion of investment capital by population from 71.55% to 129.21% compared to the national average.

There are expressways among those investment priority projects, such as Chau Doc – Can Tho – Soc Trang (Tran De), Can Tho – Ca Mau, My An – Cao Lanh, and Cao Lanh routes. – Lo Te – Rach Soi, Ha Tien – Rach Gia route, Hong Ngu – Tra Vinh route. It is also preparing to invest in the Ho Chi Minh City – Can Tho railway line and the Tran De – Soc Trang port area.

Regarding inland waterway traffic, the Ministry of Transport has proposed to invest in upgrading Cho Gao canal route phase 2; development of waterways and logistics corridors in the southern region’ to improve the clearance of national inland waterways; upgrade three inland waterways, namely Muong Khai – Doc Phu Hien canal, Ham Luong river route, and Ha Tien – Rach Gia – Ca Mau route.

The prime minister allocated the total investment capital for projects in this area about 252,694 billion VND. The Ministry of Transport said that it had sent a document to the Ministry of Planning and Investment about the expected allocation of the medium-term public investment plan for 2021 – 2025. With the allocated capital of about 50,690 billion VND, it accounted for 20% of the total investment capital of the entire transport industry, both to support the investment in several key highway projects (in the form of public-private partnership – PPP) and to invest in critical projects of specialized sectors.

NEED BREAKING SOLUTION AND TRIAL READING MECHANISM

“Resolution 21 was issued on time by the Politburo and implemented synchronously for all 13 provinces in the Mekong Delta; in which the transport sector advises serving the regional economic development better. In addition to the state budget capital, it is necessary to have unique solutions such as issuing bonds, building a specific mechanism for each project … “.

Regarding maritime, up to now, the transportation industry has developed a system of 12 seaports with 37 wharves with a total length of 7,642 meters, 23 buoy berths, and 16 transshipment anchorages and storm shelters. Many ports have been built, such as Cai Cui port (Can Tho), Vinalines Hau Giang general port, Tra Cu port (Tra Vinh) to accommodate ships up to 20,000 DWT; My Thoi port (An Giang) for vessels up to 10,000 DWT…

However, up to now, in addition to some achieved results, the regional transport infrastructure system still has many shortcomings that need to continue to be resolved from 2021 to 2030 so that the transport system in the region will no longer have “bottlenecks” affecting smooth connectivity.

(Source: vneconomy)

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