Vietnam clears project to develop waterways, logistics in south

The project is aimed at improving the infrastructure system and reducing congestion, accidents and the cost of transporting goods by waterway by renovating and upgrading the East-West transport corridor connecting the Mekong Delta region, and improving the North-South transport corridor connecting the southeast region with the Cai Mep Thi Vai port cluster, a domestic news agency said citing Duong Thanh Hung, head of the Waterway Project Management Board.

Of the total investment, the World Bank loan capital is $106.96 million non-refundable aid capital from the Australian government, $0.58 million.

Waterways will be dredged and improved to remove blockages on the East-West corridor in Hau, Tra On and Mang Thit rovers and canals in Can Tho city and Ho Chi Minh City.

It will also tackle congestion on the North-South corridor through Dong Nai, Nha Be, Long Tau and other rivers.

Both the corridors can then accommodate large container ships and connect better and faster with deep-water inland ports.

ALCHEMPro News Desk (DS)