return icon Vietnamnet.vn

HCM City seeks to facilitate construction of mega transportation projects

HCM City has invested in a number of mega transportation projects in 2016–20 aimed at reducing traffic congestion, according to a report tabled at a meeting between a delegation from the city People’s Council and relevant agencies.

{keywords}
Traffic congestion on Phu My Bridge in HCM City’s District 2. — Photo kenh14.vn

Phan Cong Bang, deputy director of the Department of Transport said they include upgrades to 272km of roads and construction of another 68km, which have been completed, and 76 bridges that are expected to be completed soon.

Other major works such as the Pham Van Dong Highway and Phu My Bridge on the Eastern Beltway, the An Suong Intersection tunnel and the Phu My Tunnel had also been completed, he said.

But the city found it difficult to mobilise investments into transportation projects.

Bang said public funding available for the projects were only VND12.6 trillion (about US$542 million) or 27 per cent of the requirement.

The chairwoman of the People’s Council, Nguyen Thi Le, said some of these transportation projects faced challenges and difficulties, especially with regard to compensation for lands.

These include Beltway No 2 (the section from Go Dua Intersection in Thu Duc District to Pham Van Dong Street) and widening of Ung Van Khiem Street (in Binh Thanh District).

The Department of Planning and Investment had also been instructed to consider 13 investment projects under the BT (build – transfer) form, and it had approved 10 of them, he said.

According to Tran Quang Lam, Director of the Department of Transport, investments in the second section of the Binh Trieu Bridge and the Tan Ky - Tan Quy Bridge were changed into BOT (build – operate – transfer) form from public projects.

Le urged all relevant agencies to facilitate and speed up construction of transportation projects, whether PPP (public – private partnership), BT or BOT, to ease traffic congestion.

She called on the transport department to resolve the difficulties faced by a number of projects, especially if caused by the amendments to the Law on Public Investment.

She wanted the city Department of Natural Resources and Environment to have proper policies in place for land acquisition and resettlement to safeguard the rights of affected families and to ensure there are no hurdles.

She also called on the planning department to ensure there is sufficient public funding for the projects.  VNS

HCM City speeds up site compensation for key traffic projects

HCM City speeds up site compensation for key traffic projects

District authorities have been urged to complete site compensation, resettlement and handover of land to speed up the progress of major traffic projects this year.

HCM City targets completion of many transport projects in 2020

HCM City targets completion of many transport projects in 2020

HCM City authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.

MORE NEWS

Hue's Dong Ba Market revamped to lure tourists

Returning to Thua Thien Hue after over two years of lockdown, Luu Hoang Long and his wife, a Vietnamese Australian, chose first to visit Dong Ba Market, the biggest traditional local shopping centre in the ancient royal city of Hue.

Retail giants to sell low-cost products

With powerful financial resources, big retailers are organizing retail chains that sell a wide variety of lower priced goods.

Five directions for internet development in Vietnam

Deputy Minister of Information and Communications Pham Duc Long pointed out five major directions for internet development with an aim of creating a safe, modern and humanitarian digital society at the VNNIC Internet Conference 2022 last week.

Vietnam proposes to issue ID cards to people without Vietnamese nationality

Non-Vietnamese nationals living in Vietnam will likely be granted an electronic identification account to perform public administrative procedures.

VN, Hungary’s parliaments sign new cooperation agreement

A new cooperation agreement between Vietnam and Hungary’s national assemblies was assigned by National Assembly (NA) Chairman Vuong Dinh Hue and his Hungarian counterpart László Kövér in Budapest on Monday.

Australia pledges to continue fostering strategic partnership with Vietnam

Australian Foreign Minister Penny Wong has affirmed that her nation always attaches importance to Vietnam's role in the region, and pledges to continue strengthening its strategic partnership with the Southeast Asian nation.

Ben Tre coconut-based dishes set World Record

The World Records Union (WorldKings) and the Vietnam Records Organisation (Vietkings) on June 27 recognised the 222 coconut-based dishes cooked at an event held in the Mekong Delta province of Ben Tre.

Health Ministry yet to consider COVID-19 endemic disease

The Ministry of Health has proposed considering COVID-19 a Group A infectious disease, not an endemic disease in its latest draft on COVID-19 prevention and control measures in the new situation.

E-commerce enabler OnPoint raises $50 million from Singapore fund

OnPoint has successfully raised $50 million in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings.

SARS-CoV-2 Omicron sub-lineage BA.5 enters Vietnam

The SARS-CoV-2 Omicron sub-lineage BA.5 has entered Vietnam and may overwhelm the old sub-lineage BA.2 which is dominant in the country, according to Prof. Dr. Phan Trong Lan, Director of the Health Ministry’s Department of Preventive Medicine.

HCM City promises to ease problems faced by Korean investors

The chairman of the Korean Chamber of Commerce and Industry in Vietnam, Shon Young Il, has called on HCM City authorities to help Korean firms resolve difficulties they face in investing and operating in the city.

VIETNAM NEWS HEADLINES JUNE 27

Newly-appeared low pressure zone in East Sea may develop into storm

VIETNAM BUSINESS NEWS JUNE 27

Vietnam’s exports to Hungary on the rise

Football star to join France's Pau FC

Vietnam’s football star Nguyen Quang Hai will play for Pau FC in Ligue 2, France’s second division.

Multiple int’l air routes to Danang to be reopened by year-end

Multiple international air routes linking Danang City and regional destinations will be reopened from now until the end of 2022, giving an impetus to tourism growth in the city.
back_to_top