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
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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.
Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports.
Under the project, the highways directorate has already widened 190km of the two-lane highway to four-lanes and constructed three flyovers.
The sources also said now the agency has estimated the cost for constructing the full 217km at nearly US$2.4 billion without land acquisition cost.
The cost of the first section of Vietnam’s Bien Hoa-Vung Tau highway, a 47km stretch in the Southern Key Economic Zone, will be around US$355 million.
Vietnam’s transport ministry said the total cost of the entire 70km motorway will come in at $1.03 billion. The government considers the zone to be the country’s engine of growth, accounting for 60% of Vietnam’s industrial production by value and 70% of export revenue.
The zone consists of eight localities - Ho Chi Minh City (formerly called Saigon), Bi
