RoK group eyes larger involvement in HCM City’s infrastructure

Tan Son Nhat-Binh Loi Ring Road (Photo:VNA)

HCM City (VNA) – The Republic of Korea’s GS Engineering & Construction (GS E&C) is eyeing bigger role in infrastructure development in Ho Chi Minh City.

The announcement came after a meeting between city officials and Vice Chairman of GS E&C Huh Myung Soo in the locality on August 23.

Speaking at the meeting, Soo praised the city’s administrative reforms, creating favourable conditions for investors, adding that the group expects to take greater part in projects to develop the locality’s infrastructure, including transportation projects, such as building metro routes.

He said besides the Tan Son Nhat- Binh Loi Ring Road project which is expected to be handed over to the city by end of August, the group is carrying out several projects in Thu Thiem and Nha Be.

The GS E&C representative revealed the group is studying investing in the No 2 metro route (Ben Thanh –Tham Luong) and No 5 metro route (new Can Giuoc bus station – Sai Gon bridge).

Chairman of the municipal People’s Committee Nguyen Thanh Phong lauded the contribution from the foreign company to the city’s infrastructure, and pledged to create the best possible conditions for investments in the city’s transport infrastructure.-VNA