Vietnam needs over VND2 quadrillion ($82 billion) for transport infrastructure by 2030, according to Mr. Pham Hoai Chung, Deputy Head of the Transport Development and Strategy Institute (TDSI) at the Ministry of Transport (MoT).

Half of the sum will be invested in railways, the maritime industry, and aviation, he told a conference held recently on the development and operation of sustainable transport infrastructure, based on Japan’s experience.

The conference was co-organized by the MoT, the Embassy of Japan in Vietnam, the Japan Chamber of Commerce and Industry (JCCI), and the Japan Transport and Tourism Research Institute (JTTRI).

By 2030, Vietnam aims to have 36 seaports, 16 national railways with a total length of 4,820 km, and 30 airports, with 14 operating internationally.

Vietnam is seeking international cooperation to achieve its targets, Mr. Chung said.

Mr. Uehara Atsushi, Deputy Minister of International Affairs at Japan’s Ministry of Land, Infrastructure, Transport and Tourism, said that apart from investing in developing the transport network, Japan has also paid attention to operating transport infrastructure.

In the context of a declining population and increasing international competitiveness, it is necessary to secure the participation of and investment by the public sector in strategic infrastructure such as airports and seaports and in forming public-private-partnership (PPP) models.