Ho Chi Minh City Metro - Advanced Planning Stage
- September - a 128-km line with 12 stations is planned to start from the junction of the north-south railway at Di An Station and link to Loc Ninh township of Binh Phuoc, which borders Cambodia.. Several maps already show this line.
- Vietnam Railways has awarded a VND150 billion ($US9.5 million) five-year contract to Japan Transportation Consultants, the Pacific Consultants International Group, and the Japan Railway Technical Service (Jarts) to provide consultancy services for a VND2.47 trillion project to improve bridge and railway safety on the Ha Noi-Ho Chi Minh City main line. Under the project, 44 bridges and 37.6 km of railway will be refurbished, two railway bridges and a station at Ninh Binh will be built, and 23 track machines bought. The project is expected to be completed in 2010.
- 10/11/08 International agreement reached between Cambodia and Vietnam to build a $500 million rail link to Phnom Penh (presumably from Ho Chi Minh city). China will foot the bill as part of its long term aim to link Singapore with Kunming.
Viet Nam’s road system includes: national roads administered by the central level; provincial roads managed by the provincial level, district roads managed by the district level, urban roads managed by cities and towns: and commune roads managed by the commune level. The total length of the Viet Nam road system is about 222,179 km with 19.0 % paved, mainly national roads and provincial roads (source: Vietnam Road Administration, 2004). The national road system length is 17,295 km with 83.5% of its length paved. The provincial road system is 27,762 km of length with 53.6% paved.
Expressway is rather a new concept for Vietnamese, traffic is growing rapidly but the major roads are dangerous due to inappropriate design and an inappropriate traffic mix. Expressways would solve these problems along the key corridors, by separating high speed traffic from slower, local traffic.
Viet Nam currently recognizes two classes of expressway. Both have a minimum of two lanes in each direction, but Class A has grade separated interchanges, while Class B has at-grade intersections. There are 4 design-speed categories: 60, 80, 100 and 120 km/h. Generally all cars, buses and trucks are permitted on the expressway but cong nong and motorcycles of less than 70 cc engine capacity are not.
Road finance comes from a number of sources including the government, overseas donors such as the ADB,WB, JBIC and business organizations. Road investment recovery is mainly through tolls collected on bridges and roads, in accordance with laws mentioned above.
Viet Nam Expressway Corporation (VEC) was established in October 2004 as an institution to develop the expressways in Viet Nam. It is the only expressway company of MOT. VEC is a fully state-owned company. Current VEC business activities consist of promoting and developing five active expressway projects and well as developing the expressway network plan. In addition, VEC is proceeding with its first bond issue as well as starting negotiations on mixed ODA/OCR loans and discussing PPP/BOT approaches.
The VEC organization structure was established in accordance with the relevant provisions of the Law on State Enterprises. It is divided into three levels. The first consists of the Management Board and the Internal Audit Unit. The second level consists of the General Director and four Deputy Directors, and the third level consists of five functional divisions and two Project Management Units, one for the North and one for the South.
Funding Options for Expressways and the Relation of Funding to VEC Optimal Structure: three options are identified: 100% government financing, local BOT and foreign BOT/PPP arrangements. Experience in a number of regional countries emphasizes strong government support and a mixture of financing options.
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