Tokyu backs Vietnam’s bus shuttle project

BINH DUONG A Japanese corporation is collaborating with a Vietnamese firm in the southern province of Binh Duong to offer shuttle buses to serve tourist destinations in nearby provinces.
Tokyu president, Koshimura Toshiaki, told local media that his group will back efforts to improve public transportation projects.
The shuttle bus project is jointly carried out by Tokyu Group and Becamex IDC Corp, a Vietnamese firm based in Binh Duong.
All the environment-friendly vehicles will use Japan’s latest technology and will be powered by compressed natural gas.
inside no 3The project is expected 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 in this project, which requires government approval, is estimated at USD162 million.
The first Japanese-style, 22.1-km bus route called “Kaze Shuttle” was inaugurated in late 2014 and is now operated by Becamex Tokyu Company, a joint venture between Tokyu and Becamex, connects 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 firm is developing real estate projects in Binh Duong New City with a total capital of USD1.2 billion.

sourced:ttrweekly.com