(VOV) – Three Japanese firms have been awarded a contract to supply construction and transport monitoring and supervision equipment for a south-north expressway project in HCM City.
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The Vietnam Expressway Corporation (VEC) on March 18 announced that Toshiba, Hitachi and Itochu won a JPY4 billion Intelligent Transportation System (ITS) project scheduled to get underway in the first half of 2017.
The ITS will be applied to a 55km road section from HCM City to Long Thanh and Dau Giay.
Under the signed contract, Toshiba will supply ITS equipment, Hitachi will provide specialised construction services, and Itochu will assume general contractor responsibility for business affairs.
The project is expected to ease traffic congestion that negatively affects economic development in southern Vietnam, particularly in HCM City.
Japanese firms selected for high-tech road project Related image(s)
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