|Vehicles ply on the newly built road linking Cau Gie-Ninh Binh Expressway and National Highway 1. — VNA/VNS Photo Huy Hung
NINH BINH (VNS) — The road linking northern Cau Gie-Ninh Binh Expressway and National Highway 1 officially opened for traffic after more than three years of construction today.
The 6-km road project was built on total investment capital of VND1.5 trillion (US$69 million) in Government bonds.
The road was built by Xuan Truong Construction Company in cooperation with Bridge Construction Joint Stock Company No.75. The project that began in late 2012 was completed this month.
The road is expected to ease the traffic flow between Cau Gie-Ninh Binh Expressway and National Highway 1 as vehicles will not have to enter Ninh BInh City's central city, which is expected to significantly reduce traffic congestion and environmental pollution there.
Yesterday, the Ho Chi Minh Highway (National Highway 14) section running through southern Binh Phuoc was officially opened for traffic.
The 117-km road project includes five sub-projects. Of which, three projects were built on Government bonds, with investment capital estimated at around VND1 trillion ($46 million), and one project was built under the build-operate-transfer (BOT) model, with VND980 billion ($45.08 million) investment capital. All the projects were completed in six months up to one year ahead of schedule.
Lam Van Hoang, head of the Ho Chi Minh Highway Project's Management Board, said the highway was seriously downgraded. Now, it will shorten travel time and will be of more convenience to road users. — VNS