Mekong Delta needs $4bn for transport infrastructure
The Transport Development and Strategy Institute under the Ministry of Transport has recently proposed mobilizing over $4 billion to develop infrastructure and logistics systems in the Mekong Delta during the 2016-2020 period. The Delta needs $3.2 billion for 39 road transport projects, $806 million for 23 sea transport projects, and $493 million for 12 river transport projects. There are also three projects renewing the radar surveillance stations at Ca Mau Airport and upgrading Phu Quoc Airport, with estimated investment of $76.2 million. About 31 per cent of the investment will come from the State budget while the remainder will come from ODA and private capital, according to the seminar on Mekong Delta’s future development on August 22 in Can Tho city.
