International
Vietnam plans to carry out a series of elevated road construction projects
Seetao 2021-01-14 16:29
  • There are five elevated road projects under construction, and the project construction is planned to be implemented in two phases
Reading this article requires
2 Minute

Ho Chi Minh City, Vietnam is considering five projects for the construction of elevated roads in Ho Chi Minh City, Vietnam. The construction of new elevated sections is designed to help reduce long-term traffic congestion in the city. The construction of the first new section of the elevated road will begin in 2021.

One project that is being prioritized is elevated road No. 1, which is planned to extend 8.5 kilometers, with two lanes in either direction, and another one kilometer, with lanes in either direction. The cost of the project is expected to exceed 758 million US dollars. The No. 5 elevated road project is also given priority.

The plan to establish a new elevated road link is divided into two phases. The first phase is already in progress and will last until 2025, and the second phase will start from 2025 to 2030. Funding for most of the work will be provided through the PPP model. Editor/Xu Shengpeng


Comment

Related articles

International

Uzbekistan's foreign trade volume exceeds 72.7 billion US dollars by 2025

12-29

International

Heirs Energy secures $750 million loan to boost Nigeria's oil production

12-29

International

UAE's Triple Move: Tech Expansion in Saudi, $550M UN Donation, and Global Investment Talks

12-28

International

ACWA Power completes refinancing of Rabigh 3 project

12-26

International

World First! Chinese technology successfully applied to Abu Dhabi underwater tunnel

12-25

International

Eni Group launches second FLNG project in Mozambique

12-22

Collect
Comment
Share

Retrieve password

Get verification code
Sure