A delegation from 12 Spanish businesses will visit Vietnam from Mar. 23-28 to inquire into possibilities of becoming key providers of transport technology solutions for Vietnam.

Vietnam and Thailand are two stopovers on their trip to survey the Asian market, said the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX) – the organiser of the trip.

In each country, the delegation plans to meet representatives of transport management agencies, to express their keen interest in projects to modernise railway infrastructure and improve the quality of urban transport. In addition, the delegation will meet local businesses to establish cooperative relations.

According to MAFEX, Vietnam attracts Spain ’s railway businesses as it has a plan on railway development, including a possibility to link railway routes to Cambodia and China in future.

In April 2010, Vietnam and Spain signed a memorandum of understanding (MoU) in transport infrastructure cooperation during a visit to Spain by Transport Minister Ho Nghia Dung.

In another development, a delegation of 15 Spanish businesses will visit Vietnam on Mar. 26-27 as part of its tour to study the Asian market, including Indonesia and Thailand . The tour is arranged by the Chamber of Commerce and Industry of Tarragona city in Catalunya.-VNA