|National Highway 21will be upgraded and widened, with an estimated investment of nearly VND7.6 trillion. — Photo hanoimoi.vn
HA NOI (VNS) — The vice-chairman of Ha Noi people's committee has approved a project to upgrade and widen National Highway 21 that runs through the city.
The 29.5km road stretches from Son Tay to Xuan Mai towns.
The project will be implemented under a BOT (build-operate-transfer) model, with an estimated investment of nearly VND7.6 trillion (US$338.6 million).
The construction will be divided into two phases. The first phase in the 2016-18 period will see the construction of four 24m-wide lanes that will become operational in 2019.
The second phase will see the construction of six 44m-wide lanes from 2019 to 2022, which will open to traffic by 2023.
The designated speed limit will be 80km per hour.
The project will use about 34.7ha of land. It is expected to improve travel conditions on National Highway 21 and promote the effectiveness of Thang Long Avenue, National Highway 32, contributing to the development of society and the economy.
The investor will collect toll to recover its capital in 24 years and five months. — VNS