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Economic development

Can Tho City and ADB Collaborate on Coastal Transport Network Development

Strategic Insights

— 1 min read

The Can Tho City People's Committee has partnered with the Asian Development Bank (ADB) on a project to develop the coastal transport network in the Mekong Delta region. The project aims to improve links between Soc Trang province and neighboring provinces, ultimately enhancing economic development, reducing poverty, and addressing climate change. The project's total investment is 6,822,865 billion VND, with ADB's Overseas Direct Investment (ODA) loan accounting for 4,516.879 billion VND.

Key Takeaways:

  • The project involves the development of two main roads: Provincial Road 935C (39 km long) and a coastal road connecting Tra Vinh - Bac Lieu (31.4 km long).
  • The routes will pass through communes and wards in Vinh Chau town, Long Phu district, Tran De, My Xuyen, and Cu Lao Dung (former Soc Trang province).
  • The project includes the construction of 61 bridges on Provincial Road 935C and 9 bridges on the coastal road.
  • The Project Management Board is currently selecting a survey consulting contractor and preparing a pre-feasibility study report, with a plan to submit the study report to the People's Council for approval by the end of 2025.
  • Construction is expected to begin in 2027 and be completed by 2030.

Statistics:

  • Total project investment: 6,822,865 billion VND
  • ADB's ODA loan: 4,516.879 billion VND
  • Counterpart capital: 2,305.986 billion VND
  • Expected implementation time: 2025 - 2030
  • Length of Provincial Road 935C: 39 km
  • Length of coastal road connecting Tra Vinh - Bac Lieu: 31.4 km

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