Three Japanese companies, Toshiba Corporation, Hitachi and Itochu Corporation are to supply the Vietnam Expressway Corporation (VEC) with an intelligent transportation systems (ITS) package to be installed on the 55-kilometre Ho Chi Minh and Dau Giay section of Vietnam’s North-South Expressway.
The order, worth around US$39 million, includes electronic toll collection (ETC), traffic control and equipment monitoring systems, and is the first for an integrated ITS package that Japanese companies have recei
Three Japanese companies, 5392 Toshiba Corporation, 2213 Hitachi and 7663 Itochu Corporation are to supply the Vietnam Expressway Corporation (VEC) with an intelligent transportation systems (ITS) package to be installed on the 55-kilometre Ho Chi Minh and Dau Giay section of Vietnam’s North-South Expressway.
The order, worth around US$39 million, includes electronic toll collection (ETC), traffic control and equipment monitoring systems, and is the first for an integrated ITS package that Japanese companies have received from overseas. The project will be supported by Japanese government loan assistance, and commercial operation is planned to start in the first half of 2017.
Toshiba will provide ITS equipment; Hitachi is responsible for construction and Itochu for related business affairs.
Increasing traffic congestion is a serious side effect of the continuing economic development of southern Vietnam, including Ho Chi Minh City, and projections show road use and congestion in the region continuing to grow. Installation of the ITS package on the North-South Expressway’s Ho Chi Minh and Dau Giay section, one of the most badly affected areas, will help cut traffic jams and improve logistics efficiency.
The North-South Expressway is currently under construction and will connect Hanoi, Vietnam’s capital, with Ho Chi Minh City, via Da Nang in the heart of the country. Once completed, it will be approximately 1,811km long. To meet the country’s rapid economic growth, the Vietnamese government in 2008 drew up a master plan for the construction of 22 expressways with a total length of approximately 6,000km, including the North-South Expressway.
The order, worth around US$39 million, includes electronic toll collection (ETC), traffic control and equipment monitoring systems, and is the first for an integrated ITS package that Japanese companies have received from overseas. The project will be supported by Japanese government loan assistance, and commercial operation is planned to start in the first half of 2017.
Toshiba will provide ITS equipment; Hitachi is responsible for construction and Itochu for related business affairs.
Increasing traffic congestion is a serious side effect of the continuing economic development of southern Vietnam, including Ho Chi Minh City, and projections show road use and congestion in the region continuing to grow. Installation of the ITS package on the North-South Expressway’s Ho Chi Minh and Dau Giay section, one of the most badly affected areas, will help cut traffic jams and improve logistics efficiency.
The North-South Expressway is currently under construction and will connect Hanoi, Vietnam’s capital, with Ho Chi Minh City, via Da Nang in the heart of the country. Once completed, it will be approximately 1,811km long. To meet the country’s rapid economic growth, the Vietnamese government in 2008 drew up a master plan for the construction of 22 expressways with a total length of approximately 6,000km, including the North-South Expressway.