December 26, 2017 | 20:43 (GMT+7)
North-South Expressway to have higher capacity
Minister of Transport Nguyen Van The has signed a decision to announce a list of projects to build sections of the North-South Expressway in the east during 2017-2021.
They include Mai Son-National Highway 45, National Highway 45-Nghi Son, Nghi Son-Dien Chau, Dien Chau-Bai Vot, Nha Trang-Cam Lam, Cam Lam-Vinh Hao, Vinh Hao-Phan Thiet and Phan Thiet-Dong Nai, which will be constructed at a total cost of more than 104 trillion VND (4.6 billion USD) under the public-private partnership (PPP) model.
The minister said the projects aim to meet demand for transportation and form the North-South Expressway that connects economic and political centres, helping promote socio-economic development.
The ministry said a feasibility report on the projects has been completed. Meanwhile, investment and construction work is expected to be completed in 2021.
Source: VNA