Korea to fund infrastructure project in Mekong Delta
18:23 | 19/12/2012
VGP – The Government has approved the outcomes of negotiations on a credit agreement for the Le Te-Rach Soi Road project linking Can Tho City and Kien Giang Province.

The project, funded by Korea’s Economic Development Cooperation Fund (EDCF), is part of the plan on development of transport infrastructure works in the Mekong River Delta region through 215 with orientations to 2020 approved by the Prime Minister in 2011.

Under the master plan, by 2020, the Government will complete five main axial routes including national highway 1A, route Nl, route N2, coast route (national highways 50 and 60) and the expressway from Ho Chi Minh City to Can Tho.

The Government will also complete the upgrading of transverse routes including national highways 30, 53, 54, 57, 61, 62. 63, 80 and 91 up to grade-Ill standard with two lanes; and route N1 up to grade-TV standard, with 2 lanes.

There will be 100% roads leading to centers of communes and commune clusters, 100% of roads with hardened surface, and no rope bridges; to continue investing in important and urgent works to serve local socio-economic development.

 Regarding inland waterways, existing waterway routes will be upgraded up to technical standards.

 For seaway, ports will be built to accommodate large seagoing ships in the Mekong River delta region.

In terms of airway, the Government will continue upgrading existing airway routes in order to increase their capacity and service quality, meeting the increasing passengers’ needs, and put into use new Phu Quoc airport.

 The runways of Ca Mau airport will also be upgrade and extended

And for the railway, the Government will seek funding sources for investment in the railways from Ho Chi Minh City to My Tho and Can Tho at an appropriate time./.

By Huong Giang

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