WB-funded project to upgrade southern waterway logistics corridors

The Ministry of Transport has submitted to the Prime Minister a proposal on investment policy for a project on developing inland waterway and logistics corridors in southern Vietnam.

Friday, April 22, 2022 10:44

WB-funded project to upgrade southern waterway logistics corridors ảnh 1

Illustrative photo. (Source: VNA)

Hanoi (VNA) – The Ministry of Transport has submitted to the Prime Minister a proposal on investment policy for a project on developing inland waterwayand logistics corridors in southern Vietnam.

According to the proposal,the project will renovate and upgrade the 197km East-West Corridor connecting anumber of local major rivers – Hau, Tra On, Mang Thit, Co Chien, Cho Lach,Tien, Vam Co, Can Giuoc and Soai Rap – and canals – Ky Hon, Cho Gao, La andNuoc Man.

The corridor will allow self-propelled vessels of up to 600tonnes and three-tier container ships to pass at any time of the day, whilevessels of up to 1,500 tonnes can go through during hide tides.

The project will also repair and upgrade the 82kmNorth-South Corridor through various rivers – Dong Nai, Nha Be, Long Tau, DongTranh, Tac Cua, Go Gia and Thi Vai, which is expected to enable the free andsafe movement of self-propelled vessels of up to 5,000 tonnes and four-tiercontainer ships.

The project has a total investment of nearly 4 trillion VND(174.14 million USD), to be sourced from the World Bank’s loan, the Governmentof Australia’s non-refundable aid and Vietnam’s counterpart funding.

The five-year project is scheduled to start at the end of2022 and run through 2027./.

VNA

#inland waterway and logistics corridors #southern Vietnam #southern waterway logistics corridors #East-West Corridor #North-South Corridor #Vietnam #Vietnam News #Vietnam Plus #Vietnam News Agency

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