Transport development in Mekong Delta should be accelerated: official
The development of transport infrastructure connecting the Mekong Delta and the southern economic hub of Ho Chi Minh City should be accelerated in the coming time by increasing investment capital from both local budget and society, Secretary of the municipal Party Committee Nguyen Thien Nhan has said.
Vam Cong bridge - the second cable-stayed bridge across Hau river, a tributary of the Mekong (Source: VNA)
HCM City (VNA) – The development oftransport infrastructure connecting the Mekong Delta and the southern economichub of Ho Chi Minh City should be accelerated in the coming time by increasinginvestment capital from both local budget and society, Secretary of themunicipal Party Committee Nguyen Thien Nhan has said.
Nhan said thecity has close economic connectivity with the Mekong Delta. The two sides makeup 42 percent of the country’s economy, but the investment in transportationremains poor, only 20 percent of the country’s investment in 2011-2015 and 26percent in 2016-2020. Social investment in transport infrastructure in theMekong Delta and HCM City comprises of a mere 4 percent of the totalinvestment, the remaining from local budget.
The official recommended increasing the totalinvestment for transport infrastructure development in the delta and the cityto 35 percent in the next 10 years (2020-2030), suggesting to use part of thecity’s State budget collection to invest in transport development.
Theinvestment should focus on key projects which help connect traffic in theMekong Delta with Ho Chi Minh City and the southeastern region, including HCMCity – Can Tho – Ca Mau expressway and highways connecting Mekong Deltalocalities with Cambodia, Nhan said.
The MekongDelta makes up 19 percent of the country’s population and up to 50 percent ofthe rice output, 65 percent of the aquaculture, 70 percent of fruits, 95percent of exported rice, and 60 percent of exported fish.
It has favourable location in trade withcountries in the Association of Southeast Asian Nations (ASEAN) and the GreaterMekong Subregion (GMS).
However, the delta is facing a number ofchallenges posed by climate change, especially rising sea level.
Besides, high-speed economic development inlocalities has caused environmental pollution, ecological imbalance, landsubsidence, groundwater depletion, and coastal erosion.
Prime Minister Nguyen Xuan Phuc issued Resolution 120/NQ-CP on sustainabledevelopment of the Mekong Delta in response to climate change in 2017.
Afterimplementing the resolution, the delta recorded impressive GDP growth of 7.8percent in 2018, the highest in the past four years and higher than the averageof the country (7.08 percent).-VNA
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Vam Cong bridge - the second cable-stayed bridge across Hau river, a tributary of the Mekong (Source: VNA) 
