The Ministry of Transport (MoT) has proposed that the government upgrade National Highway No. 62 running through the Mekong Delta’s Long An province, with estimated investment capital of VND2.25 trillion ($93.75 million).
Of this, VND1.545 trillion ($64.3 million) will be sourced from World Bank (WB) loans.
The 77-km highway will be upgraded to four lanes, allowing a maximum speed of 80 kph.
It was put into operation in 1999 with two lanes and has become degraded, affecting traffic safety and investment attraction in the province, according to the MoT. Upgrades will meet demand for travel and the transportation of goods, contributing to boosting socio-economic development.
The project is scheduled to get underway in 2025.