Infrastructure

An Giang set to approve multiple big projectsBy Trung Chanh Vam Cong Bridge crossing Hau River, linking Can Tho City and Dong Thap Province in the Mekong Delta – PHOTO: TRUNG CHANH AN GIANG - The Mekong Delta province of An Giang will present investment approval decisions to fresh projects worth a combined VND128 trillion at its investment promotion conference scheduled for September 29, according to the provincial Department of Planning and Investment. At the press briefing on the conference, held on September 20, the deputy director of the department, Pham Thanh Nhon, said that 23 projects will receive in-principal investment approval. These projects are in the fields of agriculture; trading, service and tourism; industry; construction and planning; and healthcare. According to Nhon, An Giang will also grant investment pledges to seven investors with combined capital of over VND101 trillion. Some of these investors are FLC Group, TH Group, Phu Cuong and T&T Group. … [Read more...] about An Giang set to approve multiple big projects

Ministry proposes contributing State capital to Vinh Hao-Phan Thiet expresswayBy Le Anh Once in place, Vinh Hao-Phan Thiet expressway will connect with the current HCMC-Long Thanh-Dau Giay expressway – PHOTO: LE ANH HCMC – The Transport Ministry has proposed contributing VND3.88 trillion, sourced from the State budget, to the construction of the Vinh Hao-Phan Thiet expressway with a total cost of VND11.85 trillion. Paperwork signed by Deputy Minister of Transport Nguyen Ngoc Dong indicated that of the State capital contribution, nearly VND1.4 trillion will be spent on site clearance and resettlement, VND2.16 trillion on construction costs and VND324 billion on demining. The remaining capital of VND7.97 trillion includes VND1.59 trillion in equity and VND6.38 trillion in bank loans. The investor in the Vinh Hao-Phan Thiet section will earn a profit rate of an estimated 11.77%. Fee collection for capital recovery is expected to last 19 years and seven months. … [Read more...] about Ministry proposes contributing State capital to Vinh Hao-Phan Thiet expressway

Urgent runway renovation proposed for two key airports By Lan Nhi Aircraft are seen at Tan Son Nhat airport in HCMC - PHOTO: LE ANH HANOI – The Transport Ministry has urged the Government to upgrade the runways and taxiways of Tan Son Nhat and Noi Bai international airports that have suffered progressive deterioration, after the proposal for this renovation failed to be passed by the Government and the Finance Ministry. The Transport Ministry recently wrote to the Finance Ministry stating that the runways and taxiways at the country's two biggest airports were safe for operations but had exceeded their designed capacity, proposing renovations to ensure flight safety and uninterrupted operations. For example, serious cracks have developed on the surface of Runway 1B at Noi Bai while the concrete surface of Runway 07L/25R at Tan Son Nhat is suffering severe distortion and degradation. “It is necessary to carry out urgent repairs as these runways and taxiways are … [Read more...] about Urgent runway renovation proposed for two key airports

Elevated railway to operate on a trial basisThe Saigon Times Daily A train takes a test run on a section of the Cat Linh-Ha Dong elevated railway crossing Hoang Cau Lake in Hanoi City - PHOTO: VNA HCMC – Five trains of the Cat Linh-Ha Dong elevated railway system will start a trial operation on September 20 to assess the quality and security of the entire system, reported Lao Dong. Lao Dong newspaper quoted Vu Hong Phuong, deputy director of the Railway Project Management Board under the Ministry of Transport, as saying that the railway will have a trial run with five trains, without passengers on board, to test for technical issues and ensure the safety of the railway system. During the trial period, the five trains will continuously run along the railway in both directions. Each train will be controlled through the automated system. The project has been gathering steam each week, focusing on the trial run. As scheduled, the trial phase will last for three to six months … [Read more...] about Elevated railway to operate on a trial basis

Work begins on solar power project in Long AnThe Saigon Times Delegates make a symbolic gesture to start work on the solar power project in Long An - PHOTO: VNA HCMC - BCG Bang Duong Energy JSC, a subsidiary of Bamboo Capital Group (BCG), on September 16 launched the construction of a 40.6 megawatt (MW) solar power plant in the Mekong Delta province of Long An, reported news website Vietnamplus. The project, approved by the Ministry of Industry and Trade, will cover 50.2 hectares of Thanh An Commune in Thanh Hoa District and require an estimated investment of US$42 million. Long An Chairman Tran Van Can said this was the first solar power project in the province, making it a milestone in the province’s new power development program and paving the way for other solar power projects, Can added. Once operational, the plant is expected to annually generate a maximum of 60 million kilowatt hours of electricity, helping enhance the capacity of the national power grid. The … [Read more...] about Work begins on solar power project in Long An