Nine component projects of the North-South Expressway Phase 2 will be invested in the form of public-private partnership (PPP), with total investment of about 124,619 billion VND (US$5.4 billion) during the 2021-2025 period.
According to the national road network planning by 2050, Vietnam will have more than 9,000 km of expressways. The country aims to complete construction of about 5,000 km by 2030.
Prime Minister Pham Minh Chinh has approved the Road Network Development Plan for the period 2021-2030, with a vision to 2050, under which 5,000km of expressways will be used by 2030.
Road transport makes up 85 percent of total emissions, an overwhelming proportion over other segments.