The Vietnamese Transport Ministry has estimated an annual average investment of VND66.8 trillion in the national road system from now to 2020 and beyond 2030 to further improve its carrying capacity.
In its transport plan for the period, the ministry suggests VND10 trillion be put aside for developing national highways and VND22.67 trillion for expressways.
The capital is expected to be mobilized through Build-Operate-Transfer, Build-Transfer-Operate and Build-Lease-Transfer contracts.
Under the plan, 20 expressways with a total length of 5,800 km will be built in the set period, of which 2,500 km will be built before 2020. Construction of transnational expressways and major transport corridors will be prioritized.
The total length of the national road system is 230,490 km, or 0.68 km per sq .m, which is much lower compared to that in developed countries, according to the Transport Ministry’s Road Department. Forty-one percent of the road system lies in urban areas.
In its transport plan for the period, the ministry suggests VND10 trillion be put aside for developing national highways and VND22.67 trillion for expressways.
The capital is expected to be mobilized through Build-Operate-Transfer, Build-Transfer-Operate and Build-Lease-Transfer contracts.
Under the plan, 20 expressways with a total length of 5,800 km will be built in the set period, of which 2,500 km will be built before 2020. Construction of transnational expressways and major transport corridors will be prioritized.
The total length of the national road system is 230,490 km, or 0.68 km per sq .m, which is much lower compared to that in developed countries, according to the Transport Ministry’s Road Department. Forty-one percent of the road system lies in urban areas.
VOV News
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