May 17, 2011

Construction of Southeast Asian road starts

[VietNamNet Bridge] 

Prime Minister Nguyen Tan Dung Saturday kicked off construction of a road in the southern province of Kien Giang that will link Vietnam to other Southeast Asian countries.

Speaking at the ground-breaking ceremony of the Minh Luong-Thu Bay section and the Rach Gia bypass of the southern coastal corridor road, PM Dung emphasized the vital role that this project would play in Kien Giang’s development.

As part of the Greater Mekong Sub region (GMS) cooperation program, the road will link important economic zones of Vietnam, Cambodia and Thailand with other ASEAN countries, contributing to the region’s economic development, security and defense, the PM said.

The 950km-long road will begin in Bangkok, run through Cambodia and finish in Ca Mau City and will cost a total US$398 million.

The funding comes from preferential loans from the Republic of Korea government and the Asian Development Bank, non-refundable aid from the Australian government, and reciprocal capital from the Vietnamese government.

Once completed, the road is expected to facilitate traveling and goods circulation in the region and open up possibilities for exporting goods to Cambodia through the Ha Tien International Border Gate in Kien Giang.

Together with the Ho Chi Minh City-Trung Luong expressway, Can Tho and Rach Mieu Bridges, Southern Hau River and Quan Lo-Phung Hiep routes, this road will form an extensive uninterrupted road system in the Mekong Delta.

No comments:

Post a Comment