Vietnam set itself the target of becoming an industrialized country by 2020 and plans to invest US$400 billion in infrastructure, half of which will be privately funded. Vietnam’s 2011 – 2020 Socio-Economic Development Strategy (SEDS) sets the basis for infrastructure development and economic growth in the country.
As of mid-2016, there were 68 BOT projects formulated under the management of the Ministry of Transportation (MOT) in the road, highway, airport, canal and railway sectors. The up-coming project pipeline amounts to US$176 billion, with rail projects dominating the portfolio, followed by the power sector and the process industries.
An average annual growth rate of 5.4% and reduction in poverty rates from 60% to 20% of the population clearly indicate that Vietnam is well on the path to achieving Middle Income Country status (WB, 2013)
The Transport Infrastructure Outlook – Vietnam 2017 shall focus on the current and proposed developments happening in the region and cater to the policy and regulatory affairs, funding requirements and technological advancements in the sector. It would provide a glimpse into the industry from global and local perspective and would be a platform to be used for networking and knowledge sharing perspective and broaden your reach in the industry.
We look forward to welcome you at the same!
Know more about Transport Infrastructure Outlook – Vietnam 2017
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