Tuesday, January 4, 2011

Ministry puts $35b price tag on transport needs

HA NOI — The Transport Ministry estimates that more than VND680 trillion (US$35 billion), will be needed to build transport infrastructure in the southern key economic zones between 2011-20.

The amount needed for roads will total VND326 trillion($16.7 billion); railways, VND88 trillion ($4.5 billion); domestic waterways, VND7 trillion ($360 million); and aviation VND91 trillion ($4.67 billion), it says in a report to the Government as part of a plan for infrastructure development.

The plan gives roads to reduce traffic jams and link transport routes priority.

The key road transport routes are identified as: HCM City - Long Thanh - Dau Giay; Trung Luong - My Thuan - Ben Luc - Nhon Trach - Long Thanh; and Dau Giay - Phan Thiet.

Highways would be of four to eight lanes. The plan also envisages the building of the Bien Hoa - Vung Tau; HCM City - Moc Bai; HCM City - Thu Dau MoÄt - Chon Thanh; and the Dau Giay - Da Lat highways in the next 10 years.

Beltway roads around HCM City and roads to ports would be built and existing highways upgraded. — VNS

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