Minister of Transport Nguyen Van The told the 15th National Assembly what caused traffic projects not to be completed on schedule in recent years during its third sitting’s last Q&A session in Hanoi on June 9.
Vietnam Expressway Corporation (VEC) is following procedures to use money from tolls collected from four highway projects to pay the Japanese contractors of the Ben Luc – Long Thanh Expressway project.
The People’s Council of HCM City yesterday morning, April 22, approved two transport projects worth over VND12 trillion in total, which would be constructed between 2021 and 2025.
The Government has ordered the Ministry of Transport to complete two component projects of the North - South expressway (Highway NH45 - Nghi Son and Nghi Son - Dien Chau sections) by 2023.
Three major transport projects will be put into operation from January 10-12, according to the Ministry of Transport.
Ho Chi Minh City People’s Council has cancelled 61 projects which have failed to be implemented on schedule, with developers showing their incapability to move things forward.
The consultancy cost for the second metro line project in HCMC has been revised up by 12.6 million euros (US$14.7 million) as the project has been delayed for years.
HCM City plans to complete a number of major transport projects by 2025 that are expected to reduce traffic congestion at city gateways and improve connections to neighbouring provinces.
Contractors and workers expect to complete construction of several major transport projects in the Cuu Long (Mekong) Delta before Tet (Lunar New Year Festival), which falls on February 12 next year.
Deputy Prime Minister Trinh Dinh Dung has urged the transport ministry to make a final decision on the fate of a multi-million dollar railway project that was abandoned 15 years ago.
2020 will be an important year for Ho Chi Minh City with a number of strategic transport projects scheduled for completion.
The Mekong Delta is expected to introduce two more major expressways, whose total investment exceeds VND67.4 trillion, in the years to come to bolster the region’s socioeconomic growth, according to the Ministry of Transport.
The transport sector will strive to complete 10 road projects and commence four railway upgrade projects in 2020 which have been approved by the National Assembly Standing Committee (NAST).