City to advance funding for new expressway

Source: Pano feed

Van Nam


Binh Chanh will get an advance of VND513 billion for site clearance and residential relocation, while Nha Be and Can Gio will obtain respective sums of VND140 billion and VND9.5 billion.


Work kicked off on July 19 on the first package of the expressway which will connect the Mekong Delta province of Long An with the planned Long Thanh International Airport in Dong Nai and Cai Mep-Thi Vai seaports in Ba Ria-Vung Tau Province nearby. The project is expected for completion in mid-2018.


Speaking at the ground-breaking ceremony two months ago, Prime Minister Nguyen Tan Dung said Ben Luc-Long Thanh Expressway will play a crucial role in boosting socio-economic development because it helps link provinces in the southeastern and southwestern regions together.



As it takes four years to prepare and another four years to build the entire expressway, the Prime Minister told authorities of HCMC, Long An and Dong Nai provinces to pay close attention to site clearance, carry out the project on schedule and take care of the displaced citizens.


The four-lane expressway stretching a total of 57.1 kilometers is designed for vehicles to run at a maximum speed of 100 km per hour.


Of the total projected funding of nearly US$1.6 billion for the first phase of the project, US$636 million will come from Asian Development Bank (ADB), US$635 million from the Japanese government through Japan International Cooperation Agency (JICA) and the remaining US$337 million from the State budget.




Đăng ký: VietNam News