Tuesday, August 28, 2007

Vietnam wants Japan to facilitates major infrastructure projects

Vietnam has wanted Japan to help start implementing three Japanese-funded projects on building the Hoa Lac hi-tech zone in Hanoi, the north-south highway and railway routes as soon as possible, according to local newspaper People's Army Tuesday.

Vietnamese State President Nguyen Minh Triet made the statement when meeting with a visiting delegation of the Japanese Lower House, headed by Nikai Toshihiro, Chairman of the Japanese Liberal Democratic Party's Diet Policy on Monday.

Toshihiro said Japanese parliamentarians supported the three projects. He proposed the two sides that they should call for enterprises, especially Japanese small and medium enterprises to invest in the hi-tech zone.

Vietnam decided to prioritize using official development assistance for large-scale infrastructure development projects, considering them a foundation for high and sustainable economic growth in connection with poverty reduction in the 2006-2010 period.

The country also wanted to develop North-South routes, including express railways and highways, urban transport systems in Hanoi and southern Ho Chi Minh City, the East-West transport axis in the central region, and two economic corridors and the Beibu Gulf economic belt involving many Chinese and Vietnamese localities.