Hanoi (VNS/VNA) - Minister of Transport Nguyen Van The has ordered relevantagencies to quickly complete necessary documents so that the ministry canapprove 10 sub-projects that are part of the North-South Expressway in July asscheduled.
“The only acceptable reasons for delays in this projectare external causes”, The said at the meeting held on June 28.
He charged the sub-projects’ management board toco-operate with the ministry’s Environment Department to verify and adopt anenvironmental impact assessment report for each sub-project to meet the deadline.
“The management board will have to take fullresponsibility if any sub-project fell behind schedule,” he added.
He also told the Science and Technology Department as wellas the Public-Private Partnership Department to rapidly release compulsorytechnical standards for an intelligent transportation system (ITS) and anelectronic toll collection for the project.
Investors could hire any company to install the electronictoll collection but all compulsory technical standards needed to be strictlyimplemented, he said.
The sub-projects’ management board was closely supervisingthe company’s implementation, he said.
It is estimated that the total investment for theNorth-South Expressway is 5.3 billion USD. The State budget will allocate 2.42 billion USD, while theremaining 2.88 USD billion must be sourced from investors.
As planned, North-South Expressway will cover 2,109km intotal, stretching from the northern province of Lang Son to the southernmost province of Ca Mau.
By 2020, the North-South corridor is expected to serve45.37 million passengers and transport up to 62.27 million tonnes of cargo peryear.-VNS/VNA