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VietNamNews

VN, Spain firms seek transport co-operation

Update: October, 20/2016 - 10:20
Spanish enterprises will pay more attention to transport projects, particularly in public transport, which has been prioritised by the Vietnamese Government, said Spanish Ambassador to Việt Nam Alfonso Tena Garcia. — Photo baogiaothong.vn

HÀ NỘI – Spanish enterprises will pay more attention to transport projects, particularly in public transport, which has been prioritised by the Vietnamese Government, said Spanish Ambassador to Việt Nam Alfonso Tena Garcia.

He told the meeting of Việt Nam – Spain held in Hà Nội yesterday that Spanish businesses in Hà Nội, Hải Phòng and Đà Nẵng City are operating effectively.

The event, organised by the ICEX Spain Trade and Investment and the Spanish Embassy in Việt Nam, aims to seek connections between Spanish and Vietnamese companies in internationally-funded projects.

The event saw the participation of 15 Spanish enterprises in transport infrastructure, energy, traditional energy, renewable energy, and environment.

Addressing the event, Deputy Minister of Transport Nguyễn Ngọc Đông highlighted co-operation between the two countries, particularly in public transport.

“The capital demand for investment in the country’s transport infrastructure is huge. We expect Spanish firms want information about projects in the sector, especially in the public transport issue – one of the biggest headaches in Việt Nam,” Đông said.

He hoped that through the programme, Spanish businesses will work with Việt Nam in developing the transport infrastructure network, while focusing on sectors with huge potential like the environment and energy.

Nguyễn Danh Huy, director of the ministry’s department for public-private partnership (PPP) projects management introduced a number of transport projects calling for investment under PPP form in the upcoming time as well as mechanism. These include the North – South highway project, the Long Thành International airport, the Lạch Huyện sea port, the Vân Phong port, the Hà Nội – Vinh railway express project.

The Spanish transport industry earned 88 billion euro (US$96.5 billion), ranking second worldwide in term of revenue in 2015. Up to 87 per cent of the total was international projects in more than 130 countries and territories.

Spanish enterprises joined a number of projects in many countries, including the Metro Line 5 project in HCM City, expressways, refineries and water plants. — VNS

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