Vietnam's Ambitious Land Transport Development Plans

(PRWEB) March 31, 2010 -- The Ministry of Transport has said that about VND 15 trillion (USD 810 million) will be invested in the transport sector’s capital construction in year 2010. This sector is scheduled to continue investing in the rural transport network programme. The Ministry will accelerate investment attraction from different sources for transport infrastructure development projects, particularly major works. (Source: People’s Army Newspaper Online, 6 January 2010).

The Ministry of Transport now has at least 10 road infrastructure projects calling for Public Private Partnerships (PPP) investment. (Source: Vietnam Business Finance, 4 January 2010). Ho Chin Minh City’s Master Plan looks at upgrading the municipal traffic infrastructure, by developing elevated railway and metro lines and building 19 bridges spanning the Dong Nai, Saigon, Nha Be, Long Tau and Thi Vai rivers, to relieve the city’s current overloaded traffic system. (Source: Communist Party of Vietnam Online Newspaper, 10 January 2010)

Factoring in its targeted GDP growth of 6.7-6.8% (Source: Vietnam Business Finance News, 10 January 2010), an ambitious transport infrastructure development plan, huge funds from major investors and the dynamism of its foreign trade, Viet Transport 2010 is the excellent platform to enter Vietnam’s land transport industry as well as tap into the vast business opportunities resulting from its growing infrastructure projects.

Viet Transport 2010, into its 3rd staging, is the only international meeting platform in Vietnam for industry professionals in Road, Rail, Safety and Intelligent Traffic System to showcase their products and services, network with related land transport authorities and connect with local distributors, suppliers and contractors. Coupled with the continuous strong 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 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), the 3rd staging is all set to scale a greater height with a full scale exhibition held alongside the well recognised top level Viet Transport conference.

Other exciting activities happening at Viet Transport 2010 includes Viet Transport Industry Seminars, Official Reception, Meet all Peers Session and the new Bonjour Vietnam! Breakfast Session, a must attend value added power breakfast session with the local land transport delegates and specially invited government officials.

With the Overwhelming Success of Viet Transport 2009, 40% of exhibitors have already signed up for Viet Transport 2010 and 75% of attendees are interested to sponsor and exhibit at Viet Transport 2010. 90% of past attendees rated Viet Transport as informative with good networking opportunities. 100% of past exhibitors had made new business contacts. Ms Stefanie Goh, Business Development & Program Manager, MIKOH Corporation Ltd speaks with confidence, “Viet Transport has proven to be highly productive for us. We have secured several very solid leads that we are now developing into projects.” Another past exhibitor Mr Goran Andersson, Senior Marketing Manager, Kapsch TrafficCom AB added that “Viet Transport has enabled us to meet up with right people and the opportunity to have several meetings with the relevant people. We managed to meet potential customers which are very important for our participation. It was indeed a very well organised event.”

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

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