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Update news vietnam's transport infrastructure
The HCMC - Moc Bai Expressway project, with a total investment of VND 20,000 billion, is now open for investor interest as the city seeks partners for its initial phase.
A 48-km railway line linking HCM City to the under-construction Long Thanh airport in neighbouring Dong Nai Province will be built between 2026 and 2029, costing VNĐ84.7 trillion (US$3.42 billion).
Eleven component projects of the 2017-2020 North-South expressway, including rest areas, are still missing after the route being opened to traffic for more than a year.
As of June this year, many projects are lacking sand for embankment
Deputy Prime Minister Tran Hong Ha chaired a key meeting to discuss advancing urban rail projects in Hanoi and Ho Chi Minh City, focusing on strategic planning, technology selection, and funding mechanisms.
The upcoming Ring Road 4 project, estimated at 136,000 billion VND ($5.67 billion), is set to be submitted to the National Assembly in October 2024.
On September 7, Prime Minister Pham Minh Chinh concluded the government’s regular monthly meeting with a call to action on several key economic and infrastructural issues.
Prime Minister Pham Minh Chinh has signed to issue an official dispatch asking for drastic efforts, the highest sense of responsibility and the engagement of the entire political system to speed up site clearance for national key transport projects.
The Ben Luc - Long Thanh Expressway, running through the lush mangrove forests of Dong Nai province, is nearing completion. This project promises to enhance connectivity and boost economic development in southern Vietnam.
With a total investment of over 1,220 billion VND, the project has shown significant progress after experiencing delays.
After many years of restructuring the transport market, the transport market share now is less than 1 per cent for railway, and less than 20 per cent for maritime and waterway. The transport activities mainly depend on roads.
The Ministry of Transport focuses on giving priority to funding the enhancement of dual-lane expressways to improve operational efficiency and ensure traffic safety.
The Ministry of Transport urged for the installation of the intelligent transportation system (ITS) on major roads and highways.
The Politburo has called for continued investment in vital infrastructure projects.
Hanoi plans to complete three new roads this year, with total capital of VNĐ2.4 trillion (US$98.4 million).
The Ministry of Transport has urged investors and contractors to focus on resolving bottlenecks related to land clearance and material supply, aiming to accelerate progress of the second phase of the North-South expressway project.
The Ministry of Transport (MOT) has proposed an amendment to the Law on Railways to increase the state’s capital contribution to railway projects implemented under private public partnerships (PPP) from 50 percent to 80 percent.
In the event, speakers gave presentations on the development and operation of sustainable transportation infrastructure in both VN and Japan, with Japanese delegates giving more specific experiences on railway, as well as seaports and airports.
Chairman of the People’s Committee of the northern border province of Lang Son Ho Tien Thieu has recently signed a decision approving a project on the building of an expressway connecting Huu Nghi border gate with Chi Lang district.
If the proposal is put into motion, Việt Nam would have 42 highway segments that span 9,263 km, against 41 segments that span 9,014 km under the current plan.