Vietnam - Transport Ministry needs $600 million to build offices

VietNamNet Bridge – The Ministry of Transport calculates that from now to 2030 it will need more than VND12 trillion to build its headquarters ($1 trillion or $50 million) and the offices of its departments, corporations, etc.

According to a project, approved by Minister Dinh La Thang, the ministry needs nearly VND224 trillion ($11.2 billion) to modernize its offices, IT facilities, the crews of ships and aircraft, and human resources training by 2030.

Specifically, the ministry needs more than VND12.17 trillion (over $600 million) to upgrade its headquarters in Hanoi, the offices of eight general departments, 22 corporations and six schools.

Of the number, investment in the ministry’s headquarters is VND1 trillion ($50 million), VND1.32 trillion for the office of the General Department of Road Management and VND2.435 trillion for the Vietnam Vehicle Registration Agency.

The capital will be used to build new offices for some agencies that have not had offices and upgrade the offices of others. The Ministry of Transport plans to build its new office in My Dinh, Tu Liem district, Hanoi.

The Ministry also estimates around VND30 trillion ($1.5 billion) to develop the ship crew of the Vietnam Shipping Lines Corporation (Vinalines) to 67 ships, totaling 15 million tons by 2015 and an additional VND70 trillion ($3.5 billion) by 2030 to have 95 ships.

Regards to aviation, the ministry plans to invest VND80 trillion ($40 billion) to develop the crew of Vietnam Airlines to 181 aircrafts by 2020, including 70 owned by Vietnam Airlines and 101 hired planes.

According to the ministry, to implement this plan, it needs VND20 trillion ($1 billion) from the state budget to invest in software, IT infrastructure to serve management task, to build offices and train staff.

Lan Anh

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