June 12, 2023 | 13:45 GMT+7

Investment needed to develop infrastructure in Mekong Delta

Thanh Xuân -

Region’s technical infrastructure is still to meet development demand.

Analysts have proposed creating the conditions needed for all economic sectors, including foreign investors, to invest in the development of infrastructure in the Mekong Delta.

Speaking at a recent workshop in Can Tho city to discuss the prospects for infrastructure investment to facilitate economic development in the Delta, Director of the Infrastructure Technical Development Department at the Ministry of Construction Ta Quang Vinh said the area’s technical infrastructure has not yet met demand for development and still faces obstacles that affect the region as a whole.

The rate of investment and completion of internal and inter-regional transport infrastructure in accordance with planning remains low. The rate and speed of urbanization are still much lower than the national average.

Regarding investment attraction in developing infrastructure, workshop participants suggested making full use of preferential loans and allocating sufficient investment for key projects.

The Mekong Delta has 13 centrally-run localities, including Can Tho city and 12 provinces, with a natural area accounting for 12.2 per cent of Vietnam’s total.

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