Residence to 17.5 million individuals, or 18 p.c of Vietnam’s inhabitants, the delta spreads over virtually 4 million hectares.
It’s the nation’s greatest agricultural hub with greater than 2.4 million hectares underneath crops and 700,000 hectares underneath aquaculture and accounting for 54 p.c of rice and 60 p.c of fruit manufacturing, and 70 p.c of fisheries merchandise.
However regardless of having all of the sources wanted to change into an financial powerhouse, the delta continues to lag behind different areas.
After over three a long time of reforms, it nonetheless faces numerous challenges, together with underdeveloped infrastructure.
There is just one expressway connecting it with the remainder of the nation.
The 91-km expressway accounts for under 7 p.c of the nation’s whole, in keeping with the ministry.
In 2010 the 40-km HCMC – Trung Luong Expressway was constructed, the nation’s first expressway.
It shortened the touring time from HCMC to the delta’s Tien Giang Province from 90 to half-hour and eased visitors on Nationwide Freeway 1A.
But it surely took one other 12 years later for it to be prolonged by 51 km. The extension, known as Trung Luong – My Thuan Expressway, hyperlinks up with HCMC – Trung Luong Expressway in Chau Thanh District of Tien Giang Province and passes via 5 of the province’s districts to hitch Nationwide Freeway 30 at An Thai Trung Intersection in Cai Be District.
The excessive value has been the principle cause for the dearth of expressways within the area, Deputy Minister of Transport Nguyen Duy Lam mentioned at a convention in Ho Chi Minh Metropolis Tuesday.
It requires 1.3-1.5 instances the conventional funding because the delta is “house to a whole lot of waterways, has weak geological layers and faces the impacts of local weather change.”
The delta is the ultimate vacation spot for the Mekong River earlier than it reaches the ocean. A majority of the delta was fashioned by sediment and sand deposits introduced by the river over 6,000 years.
Nguyen Tan Dong, deputy chairman of HCMC-based Deo Ca Group, which constructed the Trung Luong – My Thuan Expressway, mentioned “The deeper layers of the Mekong Delta are primarily sand, and 80 p.c of the bottom above can be comfortable, which simply causes subsidence.”
He mentioned the situation is “a problem” for visitors works.
Moreover, development supplies are “scarce” within the area and transportation takes longer and prices greater than regular “due to the crisscrossing waterway community,” he mentioned.
So higher insurance policies are wanted to draw personal funding, he mentioned.
Economist Tran Du Lich mentioned the delta has been left behind by way of financial and visitors infrastructure improvement.
He known as it “unfair” that the delta is linked with the remainder of the nation by just one nationwide freeway, 1A.
The federal government permitted in March a grasp plan for till 2030 to develop the delta right into a key financial area with main infrastructure works included in it.
The plan envisages the area having 830 kilometers (515 miles) of expressways by 2030 and 4,000 kilometers of nationwide highways.