Mekong Delta waterway renovation kicks off

July 06, 2011 | 19:00

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Contracts on renovating waterways in the Mekong Delta’s many canals were signed in Ho Chi Minh City on July 6 to implement a $312.02 million project partially funded by the World Bank.

Contractors included the Uniconsult Company from Germany which had won a deal worth VND40 billion (roughly $1.96 million) to help the internal waterway department upgrade regulations.

Meanwhile, the Halla Engineering & Construction Corp of the Republic of Korea and the joint venture between Khanh Giang and Dredging International Asia Pacific from Singapore signed separate contracts for dredging and upgrading 110 km of canals at a total cost of VND374 billion.

Nguyen Ngoc Thach, General Director of the Project Management Unit of Southern Internal Waterways (PMU-SIW), which has been entrusted as the project executive, said the World Bank has loaned $232.66 million of the funding. The Australian Government has committed to a $25 million grant and the Vietnamese government is to contribute $76.36 million.

He said the three freshly signed contracts are just part of the project, which needs a total of 30 contracts, including the renovation of the Cho Gao canal at a cost of some VND10 trillion.

VIR/VNA

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