Hanoi, Vietnam (PRWEB) September 24, 2009
Vietnam will receive US$350 million in loans from the World Bank to help spur economic development and improve municipal infrastructure projects (Source: ThanhNien News, 4 July 2009) The Vietnamese Transport Ministry has estimated an annual average investment of VND66.8 trillion in the national road system from now to 2020 and beyond 2030 to further improve its carrying capacity. (Source: VOVNews, 25 February 2009) The Vietnam Railway Administration has said it will spend approx VND11.6 trillion (US$686.4 million) to improve five key railway routes this year. (Source: Vietnam Business Forum, 4 April, 2009). Transport Ministers and experts will meet during the Vietnam Transport Week to discuss on the burning issues arising from the increase in these land transport infrastructure projects.
Previously known as Viet Traffic, Viet Transport 2009 Conference held from 9 - 11 December 2009 at Melia Hotel, Hanoi Vietnam will be co-located with the ASEAN Transport Ministers' Meeting and Consultative Group (CG) Meeting as a major event of the Vietnam Transport Week. With 95% of Viet Traffic 2008 attendees meeting their objectives and 94% looking forward to visiting Viet Transport 2009, Viet Transport 2009 Conference returns better than ever in 2009 with a broader and holistical coverage on the Vietnam's land transport industry. It will incorporate Viet Road and Viet Rail, giving more focus and importance on both the road and rail industry.
Mr Adrian Lau, General Manager of IIR Exhibitions, highlights, "Sharing the Vietnam government's vision in the integration of road and rail in Vietnam, Viet Transport 2009 Conference is the only transport conference highlighting both Vietnam's road and rail issues." Factoring in steady economic growth, an ambitious transport infrastructure development plan and the dynamism of its foreign trade, Viet Transport 2009 Conference is the best platform to discuss the core issues dealing with Vietnam's land mobility. This year, there will be increased concentration on viable Road/Rail Solutions for a developing economy like Vietnam. Having set the scene in 2008 for specific projects discussed with the key government agencies, it is now the time for burning questions on specific projects in 2009. Project financing issues in difficult economic conditions will be discussed with the aim of exploring different financing models appropriate for Vietnam. Attendees will learn about the regional best practice that can work for Vietnam from the increased Road / Rail case studies from the region demonstrated by leading players.
Up to date, Viet Transport 2009 conference has secured tremendous support from various Vietnam Ministries and leading local and foreign agencies and associations including Vietnam's Ministry of Transport, Ministry of Planning and Investment, Vietnam Road Administration, Vietnam Railway Administration, Transport Development and Strategy Institute (TDSI), Vietnam's Association of Foreign Invested Enterprises (VAFIE), the International Road Federation (IRF), Vietnam Bridge and Road Association (VIBRA) and The Rail Working Group.
The other exciting activities happening at Vietnam Transport week includes the 15th ASEAN Transport Ministers Meeting, the 28th ASEAN Senior Transport Officials Meeting (STOM), 15th Consultative Group (CG) Meeting, Viet Transport Roundtable Exchange, Viet Transport Speed Networking, Viet Transport Industry Seminars, Viet Transport Sponsors Showcase and the new Viet Transport Investor Luncheon where industry players will be connected with important government officials and stakeholders of various infrastructural projects in Vietnam and the region. Attendees will be promised abundant networking activities to foster local relationships to capitalise on the transport industry opportunities in Vietnam and Indo-China, benefiting from the region's massive growth in transport infrastructure.
For more information and updates, visit http://www.viet-transport.com