Apr 28, 2015

Tokyu backs Vietnam’s bus shuttle project


BINH DUONG: A Vietnamese firm in the southern province of Binh Duong is collaborating with a Japanese corporation to be offered shuttle buses to serve tourist destinations in nearby provinces.

Koshimura Toshiaki-Tokyu president, told local media that his group will back efforts to improve public transportation projects.

Tokyu Group and Becamex IDC Corp, a Vietnamese firm based in Binh Duong jointly carry out the shuttle bus project All the environment-friendly vehicles will use Japan’s latest technology and will be powered by compressed natural gas.

The project is supposed to create a bus route that links Binh Duong’s Integrated Administration Center (Binh Duong New City), an urban-industry-service complex, to Suoi Tien Amusement Park in Ho Chi Minh City.

The total investment of this project which requires government approval, is estimated at USD162 million.

The first Japanese-style,in late 2014, 22.1-km bus route called “Kaze Shuttle” was inaugurated and is now operated by Becamex Tokyu Company that is a joint venture between Tokyu and Becamex, to connect Thu Dau Mot City and Binh Duong New City.

Tokyu is one of Japan’s leading corporations in terms of urban and infrastructure development. The company is developing real estate projects in Binh Duong New City with a total capital of USD1.2 billion.

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