HCM CITY — The Prime Minister has ordered the Ministry of Transport to complete all sections of the National Highway No 1 from Ha Noi to Can Tho by the end of 2016.
|The 12-km National Highway No1A through southern central Phu Yen Province's Tuy Hoa Town has been in a state of disrepair since 2005. The Prime Minister has ordered the Ministry of Transport to complete all sections including upgrading the highway from Ha Noi to southern Can Tho City by the end of 2016. — VNA/VNS Photo The Lap
The work includes expanding the 1,446-kilometre-long highway to four lanes for motor vehicles and two lanes for motorbikes.
Because the project needs a large amount of investment capital in a short period of time, new capital sources will be needed. Support from localities in completing site clearance is also important.
The project costs a total of VND126.4 trillion (US$6.1 billion), with VND20.5 trillion ($981 million) coming from the State budget, State bonds and the sale of fee-collection rights, according to the ministry.
Three sections on the highway have been expanded to four lanes, including sections connecting Ha Noi and Ha Nam Province, Dong Nai Province and HCM City, and HCM City and Can Tho.
The ministry has asked the Government to allocate additional funding to continue construction on several sections of the highway, which is now under construction with capital from the State budget and State bonds.
The ministry has also requested that toll fees on the highway be at least 75 per cent of those used on expressways, which are VND1,000 per kilometre.
The rates should be raised by 18 per cent once every three years, and more toll stations should be installed at every 70 kilometres, it recommended.
By 2015, a total of 14 toll stations would be put into operation on the highway, under the ministry's proposal.
The ministry said it wanted the Government to approve a plan to collect fees on private vehicles and use these to help fund the highway project.
Nguyen Manh Hung, director of the Viet Nam Auto Transport Association, told Tuoi Tre (Youth) newspaper that the Ministry of Transport should expand the time period for collecting toll fees or offer investors preferential polices, instead of increasing toll fees and installing more toll stations.
An increase in toll fees and toll stations, as well as collection fees on private vehicles, would affect drivers' pocketbooks, he said.
To facilitate funding and construction, the ministry has divided the highway into sections connecting Ha Nam and Ninh Binh provinces; Thanh Hoa and Ha Tinh; Ha Tinh and Thua Thien Hue; Thua Thien Hue and Quang Ngai; Quang Ngai and Ninh Thuan; Ninh Thuan and Binh Thuan; Phan Thiet and Dong Nai; and Can Tho and Phung Hiep. — VNS