Unwise investment in traffic in South

In the seminar themed “ Investment in traffic in the South Vietnam” organized by Sai Gon Giai Phong Newspaper on May 25, experts said there is an unwise investment in traffic in the South.

At the seminar (Photo: SGGP)

At the seminar (Photo: SGGP)

Speaking at the seminar, Deputy Editor-in-Chief Nguyen Thanh Loi said that within ten years recently, the government has begun investment in the traffic system in the southern provinces including building bridges Can Tho, My Thuan and Rach Mieu to replace ferries and repairing the National Highway No.1A, the National Highway No.51.

Of 746 km expressways were open to the traffic nationwide, there are nearly 100km roads in the South meanwhile the construction of the most important expressway Trung Luong has been delayed for many times for various reasons. Even the North-South expressway is just carried out by the Ministry of Transport.

The South includes the south-eastern region, the south-western region and Ho Chi Minh City with the country’s most active production activities. Ho Chi Minh City and the southern provinces of  Dong Nai, Ba Ria-Vung Tau, Binh Duong, Binh Phuoc, Tay Ninh, Long An and Tien Giang  post 42 percent of the country’s  GDP.

Moreover, export turn-over in these cities and provinces accounts for nearly 40 percent of the country’s total export turnover.
Additionally, the region contributes nearly 60 percent into the state budget. 

The government should have the investment in traffic system in the region, yet the transport sector focused on spending more on the areas with low growth.

By staff writers – Translated by UYEN PHUONG

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