Ministry of Planning and Investment, Vietnam's decision to allocate huge transport infrastructure funds before the end of 2008 signifies a major demand for infrastructure support from both local and international players to cater to the rapid development of more transport projects in Vietnam. Viet Traffic 2008 proves to be a timely platform for organisations to meet this increasing demand and secure the abundant transport infrastructure business opportunities in Vietnam.

Hanoi, Vietnam (PRWEB) September 17, 2008 -- Some 60 billion USD of foreign investment funds has not yet been spent and a large portion of these funds are to be allocated in Vietnam's transport infrastructure by end of year 2008, said Dr Hoang Van Huan, Director General of Ministry of Planning and Investment, Vietnam at Viet Traffic 2008 Press Conference in June. Vietnam's poor transport infrastructure is restricting its economic growth. It is clear that rapid development of infrastructure is vital to spur economic development in Vietnam, he added.

The Ministry's decision to allocate huge transport infrastructure funds before the end of 2008 signifies a major demand for infrastructure support from both local and international players to cater to the rapid development of more transport projects in Vietnam.

Full Story...

Posted by boyang at September 17, 2008 11:48 AM