Revised traffic development plan for Hanoi, Vietnam to cost US$462.52mn
A new flyover and express bus routes are among revisions to a new traffic development plan for Hanoi City, Vietnam set to cost US$462.52 million (VND9.66tn). The revised plan has been put forward by The People's Committee of Hanoi City.
March 4, 2013
Read time: 1 min
A new flyover and express bus routes are among revisions to a new traffic development plan for Hanoi City, Vietnam set to cost US$462.52 million (VND9.66tn). The revised plan has been put forward by The People's Committee of Hanoi City.
Funding from South Korea will help finance work on a key road link for the Vietnamese city of Hanoi. The state-run Export-Import Bank (EXIM) of Korea will provide loans worth up to US$200 million to build the 17.85km road, which will connect Hanoi to a nearby industrial area. The four lane road will link the Nhon Trach industrial complex with Ho Chi Minh (HCM) City. The EximBank’s economic development cooperation fund is supplying the loans. In all the road project is likely to cost some $430 million, with
Nairobi is looking to tackle its congestion problems - Shem Oirere writes. Authorities in Kenya’s capital Nairobi have revived plans to convert some of the streets in the city into one way roads to deal with chronic traffic congestion that consumes fuel worth millions of shillings and wastes several manhours in traffic jams. Nairobi County governor Dr Evans Kidero said the plan, which is to take effect by the end of December 2015, will affect Moi Avenue, Koinange Street, Tom Mboya Street, River Road and Kir
