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Update news transport infrastructure development
Under a new proposal by the Directorate for Roads of Vietnam, the country's expressway network is poised to expand to 43 routes, reaching over 9,200 km by 2050, enhancing connectivity and supporting regional development.
A plan outlines key tasks and solutions to develop a modern and synchronous infrastructure system with focus, priority on key areas, and advanced steps ahead.
Nearly VNĐ28.3 trillion (US$1.1 billion) will be required to widen a 15.3 km section of Ring Road 3 that will connect HCM City and Binh Duong Province when constructed in the next few years.
Deputy Prime Minister Tran Hong Ha decided to set up a task force in charge of accelerating urban railway projects in Hanoi and HCM City.
Just within one week, the Prime Minister twice directed to upgrade highways under operation that receive investment in phases.
The Law on PPP (public private partnership) aims to attract private investment in infrastructure development. However, very few private investors have developed roads and seaports under the PPP mode.
Poor infrastructure was once a weak point in the Mekong Delta, making it impossible to connect with other areas in the southern region, and hindering investment.
The quality of infrastructure has been a long-term challenge for the government and enterprises of Vietnam.
Construction of a 3.5km-long section of HCM City’s Ring Road No. 2 project will cost nearly VNĐ9.9 trillion (US$405 million) from the State budget.
Work on a VND8-trillion (USD333 million) bridge in the Mekong Delta region is scheduled to kick off in October.
As the real estate market is stagnant, building materials are abundant, but shortages exist for road-bed composition and foundation for transport infrastructure projects.
Many localities in the Mekong Delta have been discussing ways to strengthen regional linkages, among which the field that needs to be connected first is traffic.
Participants at a conference about developing transport infrastructure in the northwest region on Thursday in Ha Noi agreed that transport infrastructure construction has not met demand
VietNamNet Bridge – Deputy Transport Minister Nguyen Hong Truong spoke on the Government website chinhphu.vn about work that still needed to be done to complete 2,000km of highways by 2020.