121 trillion VND needed for transport in northern region

The Transport Ministry has said more than 121 trillion VND (approximately 6 billion USD) will be needed for transport infrastructure in the mid-land and mountainous areas in the northern region between now and 2020.
The Transport Ministry has said more than 121 trillion VND (approximately 6 billion USD) will be needed for transport infrastructure in the mid-land and mountainous areas in the northern region between now and 2020.

The focus of investment in the next three years will be three highways connecting Hanoi and the northwestern province of Lao Cai , Hanoi and the northeastern province of Thai Nguyen , and Hoa Lac in Hanoi and the northwestern province of Hoa Binh .

In addition, important centripetal routes and belt roads will be upgraded, including National Highways 6, 12 and 279, while weak bridges on these roads will be rebuilt.

The ministry plans to call for ODA capital to upgrade the Yen Vien-Lao Cai railway route as well as to invest in several inland waterway, aviation and local road projects, including the Viet Tri-Lao Cai and Pha Lai-Da Phuc waterway routes together with major river ports on the routes.

For the local road networks, the transport ministry aims to pave all inter-district and inter-provincial and 70 percent of inter-commune roads with cement concrete or asphalt.

Transport minister Dinh La Thang said it is important to set priority in line with capital arrangement, adding that the ministry will work to mobilize all capital sources, both domestic and foreign, and in all forms such as BOT (Build-Operate-Transfer), BT (Build-Transfer) and PPP (Public-Private Partnership).

Transport infrastructure projects will be developed in the direction of multi-purpose, such as combining building roads with irrigation works and new residential areas to relocate people from natural disaster-vulnerable areas.-VNA

See more