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June 18th, 2010
Firm Urges Infrastructure Investments

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VIET NAM NEWS –  The Phu My Construction Investment Corporation (PMC), which plans to list on the HCM City Stock Exchange, is calling on investors to pour more money into infrastructure. Speaking at a press conference on Wednesday in HCM City, Nguyen Thanh Thai, general director of PMC, said one of the company’s major investments, the cable-stayed Phu My Bridge project, opened to traffic in September last year. The success of the project would attract more foreign investors to other projects, including the Sai Gon 2 Bridge between Binh Thanh District and District 2, the Tramway No1, Rach Chiec Bridge and Nhon Trach Bridge. He said these transport infrastructure projects would help to reduce traffic congestion and increase economic growth of the city. Read More