MEKONG DELTA — A transport infrastructure development plan for the Cuu Long (Mekong) Delta from now to 2020 would give investment priority to projects that can improve alliances among provinces in the region, according to the Ministry of Transport.
|National Highway No 61B, which links the city of Can Tho to Vi Thanh City in Hau Giang Province, is 47.5km long. It aims to pave the way for socio-economic development of the Mekong Delta. It is a part of a transport infrastructure development plan for the delta to strengthen provincial links. — VNA/VNS Photo Duy Khuong
This follows up on a 2011 prime ministerial decision (Decision No 638/QD-TTg issued April 28) that set out directions, tasks and plans for transport infrastructure works in the region through 2015 with orientation towards 2020.
It said investment decisions should be based on sound plans that would ensure the building of "synchronous and interconnected system for multimodal transportation that meets the requirements of and boosts socio-economic development.
The decision said this would, in turn, ensure security, social order and safety in the whole region, strengthen the integration process with the country, region and the world.
Under the plan, 187 transport infrastructure development projects will be implemented from now to 2015, including 56 directly managed by the Government, with combined capital of VND94.3 trillion ($4.5 billion)
The 131 remaining projects, under the control of provincial administrations, will require a total investment of VND69.5 trillion ($3.3 billion)
The transport ministry says that available resources including capital from the State Budget and government bonds can only meet 30 per cent of capital needed.
Hence, it has proposed that the investments be made selectively, with priority given to works that would closely connect localities with each other and generate a momentum for socio-economic development that can spread across the entire region.
The remaining projects can be implemented later based on capital resources to be raised after 2015, the ministry has said.
Nguyen Phong Quang, deputy head of the Southwest Steering Board, agreed with the proposal.
He said most localities in the Mekong Delta investment priority should be given to projects that meet pressing needs of localities in the region.
Deputy Minister of Finance Nguyen Huu Chi admitted that the biggest problem for transport infrastructure development in the delta was a dearth of capital.
The finance ministry has asked the Government to allow the region to use capital raised from government bonds for 2013 to implement the most urgent projects in 2012, Chi said.
He also said that localities should seek capital from other sources so that the important projects can be completed on schedule.
In a conference held to provide implementation guidelines for Decision 638, Deputy Prime Minister Vu Van Ninh urged the transport ministry to coordinate with the Southwest Steering Board and localities in the delta to sort out projects in the order of importance.
He said localities should work harder and fully tap available resources. They should try to mobilise capital under different forms including Build-Transfer, Build-Operate-Transfer, and Public-Private Partnerships, he added. — VNS