Latest News about infrastructure development
Hanoi and the four northern provinces of Hung Yen, Bac Ninh, Bac Giang and Vinh Phuc have proposed a major highway project to the Prime Minister.
Thu Duc City’s government must focus on implementing required tasks, especially proposing special mechanisms at the soonest to create advantages for the new city’s development.
Building urban infrastructure towards green growth is a necessary goal in the urbanization process, in order to adapt to climate change.
Hanoi authorities are working to fix pavements to beautify the city ahead of the New Year and upcoming Tet (Lunar New Year) which will fall in mid-February.
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As Vietnam is undergoing infrastructure development which brings mounting waste, recycling construction waste is necessary because it will not only take advantage of the resource but also protect the environment, experts have said.
Disbursement of public funds in the first 10 months met 68 percent of the year’s target, nearly 14 percentage points higher than the same period last year.
The urbanisation process in the outskirts of Hanoi is posing challenges in construction planning, including a lack of technical and social infrastructure, traffic congestion, floods and suspended projects.
“Coastal urban area” is a phrase that is appearing increasingly in the print and electronic media.
HCM City is considering building new roads and widening existing roads in its southwestern area to reduce congestion and traffic accidents in high risk hotspots.
The disbursement of public investment from the state budget has reached 60 percent, the highest ever level. The disbursement of ODA has also improved, but is still low.
Six projects that would ease traffic congestion in the gateway area to Tan Son Nhat International Airports, with total investment capital of VND7 trillion, remain unimplemented because of site clearance problems.
Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.
Authorities of several localities in the Mekong Delta have proposed three route options for building the 150-km long Can Tho – Ca Mau expressway.
Ministers and leaders of People’s Committees of cities and provinces nationwide are required to remove difficulties and promote the disbursement of public investment as well as production, business and consumption.
Vietnam needed to improve its infrastructure in order to attract more FDI, a webinar heard on Monday.
Da Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-25, focusing on transport and traffic.
The HCMC Department of Transport has estimated that the city will need more than VND21 trillion for its water transport in the next 30 years,
More foreign participation is forecast in Vietnam’s construction market over the coming years, buoyed by the gradual opening up of the Vietnamese economy to foreign investors and the Government’s emphasis on infrastructure development.