Society

HCM City keen to develop sustainable traffic system

Ho Chi Minh City has hastened the implementation of a project to develop a sustainable urban traffic system, according to the municipal People’s Committee.
Ho Chi Minh City has hastened the implementation of a project to developa sustainable urban traffic system, according to the municipal People’sCommittee.

The project aims to facilitate passengers’ accessto the Metro Line No. 2 (MRT2), thus reducing traffic jam and improvingthe efficiency of the MRT2 project.

The project is funded bythe Asian Development Bank (ADB) with 10 million USD and the CleanTechnology Fund (CTF) with 48.95 million USD, which will be disbursedbetween 2017 and 2019.

The project will cost at total investment of 65 million USD and is expected to be completed by 2020.-VNA
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