Increasing Land Transport Infrastructure Projects and Investments in Vietnam

Hanoi, Vietnam (PRWEB) November 17, 2009

The World Bank (WB) has agreed to provide US$150 million to upgrade twenty six roads in five coastal provinces in Vietnam’s Mekong Delta region. (Source: Vietnam Business Forum, 31 October 2009) The Vietnamese Ministry of Transport is seeking Japanese investors to build seven expressways that cost US$7.9 billion. (Source: Vietnam Business Forum, 30 October 2009) In the most recent grant, Japan committed to provide official development assistance (ODA) for five projects, totaling JPY65 billion ($650 million) , including projects developing small-scale infrastructural facilities for the poor, improving the effectiveness of energy use and recycling, assisting small and medium businesses, building the road to Can Tho Bridge... (Source: Hanoi Times, 29 October 2009) Already one of Asia’s fastest growing manufacturing centres, Vietnam is rising to the huge challenge of upgrading its transport infrastructure to get these goods to market. (Source: Lloyd's List, 2 November 2009)

These recent market updates on the increasing Vietnam’s land transport infrastructure projects and investments results in a huge demand for equipments, services and technologies. With these opportunities in place, Viet Transport 2009 Conference will offer a strategic platform and as the key entry into this growing industry in Vietnam and its surrounding region. Previously known as Viet Traffic, Viet Transport 2009 Conference will be held from 9 - 11 December 2009 at Melia Hotel, Hanoi, Vietnam along with the 28th Senior Transport Officials Meeting (STOM) and 15th ASEAN Transport Minister Meeting 2009 under the Vietnam Transport Week.

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.

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. These exciting activities includes Viet Transport Roundtable Exchange, Viet Transport Speed Networking, Viet Transport Official Reception, Viet Transport Site Visit, 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.

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.

For more information and updates, visit http://www.viet-transport.com

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