PM approves long-term transportation plan

Jul 28th at 14:30
28-07-2014 14:30:42+07:00

PM approves long-term transportation plan

Prime Minister Nguyen Tan Dung has issued a decision to approve the transport ministry's restructuring project on sustainable development through 2020.

Under the project, the market share for inter-provincial cargo and passenger road transport would increase to 54.4 per cent and 93.2 per cent, respectively, by 2020.

Public transport and key transport infrastructure constructions would receive priority from the State, according to Sai Gon Giai Phong (Liberated Sai Gon) newspaper.

By 2015, 600 km of expressway will be built. Expansion of the National Highway No1A from Ha Noi to Can Tho would be completed by 2016.

The project also targets restructuring railways by transporting large volumes of cargo on medium- and long routes, and passengers on medium-distance journeys and public transport within mega cities.

Railway infrastructure management and railway transport business will be separated in the near future.

The current North - South railway system will be upgraded and modernised. In addition, high-speed railway sections on the North - South system will be built.

There will also be a connection between the Central Highland provinces and seaport system in the central provinces, and a Trans-Asia railway will be studied.

The plan also calls for an increase in market share of national seagoing vessels for import – export commodity from 25 to 30 per cent.

By 2020, the market share for marine cargo shipping would increase to 21.25 per cent, meeting 94.3 per cent of international cargo shipping and 8.55 per cent of domestic inter-provinces cargo transport volume.

The national seaport system and international gateway ports in key economic zones will also receive more investment.

International investors will be encouraged to develop the Van Phong international transit port in the central province of Khanh Hoa.

For aviation, the government wants to increase market share for low-fare airlines, and promote domestic aviation cargo, which is closely linked with international and regional cargo aviation.

In addition, international passenger transport via air is planned to grow up to nearly 46 per cent in traditional markets like Southeast Asia, Northeast Asia, China and Australia.

The aviation sector will promote cargo aviation connections to South Asia region, Eastern Europe and former Soviet Union nations. It will also open more new routes to Europe, North America, America Latin and Africa.

International airports like Noi Bai, Tan Son Nhat, Da Nang, Cam Ranh and Can Tho will receive investments for upgrading.

The plan also calls for a new policy to encourage foreign investment in the Long Thanh International Airport.

Equitisation of national carrier Viet Nam Airlines will take place this year and the Government will keep 75 per cent of registered capital and 65–75 per cent of stocks.

As for local traffic, land for transportation will take up 16 – 26 per cent, and public transport will continue to be developed. Personal vehicles in Ha Noi and HCM City will be restricted.

vir



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