The Vietnamese Government and some Japanese businesses in Osaka are considering the possibility of constructing urban railways in Vietnam with loans from official development assistance.
Vu Tien Loc, Chairman of Vietnam Chamber of Commerce and Industry, said Vietnam is facing the thorny issue of traffic jams in large cities such as Hanoi and Ho Chi Minh City.
The country wants to build short range railways linking economic centres to eliminate the transport stagnation in Ho Chi Minh City, Dong Nai and Binh Duong in the south and Hanoi, Hai Phong and Quang Ninh the north, he added
Osaka is a prefecture with many high-tech businesses that have paid special attention to investing in small and medium sized Vietnamese enterprises. Therefore, they also concerned with infrastructure in Vietnam to provide the most convenient means of transport for their workers.
Shigetaka Sato, Chairman and CEO of Keihan Electric Railway Company and also Chairman of the Osaka Chamber of Commerce and Industry, said that in addition to railways building, the prefecture wants to strengthen its economic cooperation with Vietnam.
