June 29, 2018 | 19:35 (GMT+7)
Transport Ministry speeds up North-South expressway
Minister of Transport Nguyen Van The has ordered relevant agencies to quickly complete necessary documents so that the ministry can approve 10 sub-projects that are part of the North-South Expressway in July as scheduled.
“The only acceptable reasons for delays in this project are external causes,” The said at the meeting held on June 28.
He charged the sub-projects’ management board to co-operate with the ministry’s Environment Department to verify and adopt an environmental impact assessment report for each sub-project to meet the deadline.
“The management board will have to take full responsibility if any sub-project fell behind schedule,” he added.
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As planned, North-South Expressway will cover 2,109km in total, stretching from the Northern province of Lang Son to the Southernmost province of Ca Mau. Photo: zing.vn |
He also told the Science and Technology Department as well as the Public-Private Partnership Department to rapidly release compulsory technical standards for an intelligent transportation system (ITS) and an electronic toll collection for the project.
Investors could hire any company to install the electronic toll collection but all compulsory technical standards needed to be strictly implemented, he said.
The sub-projects’ management board was closely supervising the company’s implementation, he said.
It is estimated that the total investment for the North-South Expressway is USD 5.3 billion. The State budget will allocate USD 2.42 billion, while the remaining USD 2.88 billion must be sourced from investors.
As planned, North-South Expressway will cover 2,109km in total, stretching from the Northern province of Lang Son to the Southernmost province of Ca Mau.
By 2020, the North-South corridor is expected to serve 45.37 million passengers and transport up to 62.27 million tons of cargo per year.
Source: VNA