Topic: traffic projects

Additional $136 million for the second component project of the Chau Doc - Can Tho - Soc Trang Expressway brings its total to $171 million.

Gateways and routes with dense traffic flows in need of attention.

The project is of strategic significance to the locality’s socio-economic development and security and defense.

Completion of four-lane expressway expected in 2027.

Six measures offered to smooth the way for Vietnam to secure the capital needed for its road network.

Four sections set to welcome traffic before 2022 wraps up.

The Ministry of Transport has said that the government has prioritized allocating more than VND7 trillion ($300 million) to four projects in the Mekong Delta’s Vinh Long province by 2025, including upgrading National Highways No. 57 and 53, the My Thuan 2 Bridge project, and the My Thuan - Can Tho Highway. The 23-km My Thuan - Can Tho Highway is expected to be completed and opened in April 2023.

The Ministry of Transport will prioritize nearly VND15 trillion ($639.58 million) in medium-term public investment capital to implement a number of urgent traffic projects in northern Thanh Hoa province. These projects are expected to give a “push” to the province’s socio-economic development.

From now to 2025, in addition to accelerating the progress of existing projects, north-central Thanh Hoa province will prioritize investment in a number of key new traffic projects, including the Eastern Ring Road No. 3 with total capital of more than VND3.3 trillion ($141.9 million). It has been calculated that 43 key road traffic projects will be implemented in the province and completed before 2025, with total investment of VND35 trillion ($1.5 billion).

National Assembly (NA) Chairman Vuong Dinh Hue has spoken about the importance and implementation of a specific mechanism for five key national traffic projects submitted by the government to the NA on June 6. The projects are the Bien Hoa - Vung Tau, Khanh Hoa - Buon Ma Thuot, Chau Doc - Can Tho - Soc Trang, Ring Road No. 4 - Hanoi Capital Region, and Ring Road 3 - Ho Chi Minh City Expressways. He also said that these will be completed by 2025, creating a breakthrough in the country’s infrastructure.