Friday, October 21 2016


City projects aim to reduce road congestion

Update: May, 18/2016 - 12:04

Viet Nam News -HCM CITY — To improve transport flows between District 12 and other districts in HCM City as well as other provinces, the Ministry of Transport plans to carry out multiple projects this year.

They are also meant to reduce congestion around a city gateway and make access to the north and the central and Central Highlands regions easier.

The projects include the elevated railway Line 5 under the public-private partnerships model. A joint venture formed by Yên Khánh, Cái Mép, Vinaconex, and Vinaconex – PVC companies has been seeking approval to develop it.

Another is the VNĐ514 billion (US$23 million) An Sương Tunnel, which, despite being approved by the transport department last October, has yet to see work begin. Thái Sơn, Khánh An, Vinaconex, and Vinaconex – PVC companies have formed a joint venture to execute the project.

The others include construction of the Vàm Thuận Bridge and widening of Vườn Lài Street. Việt Nam Infrastructure Investment and Development Company, HPCI Investment and Construction Consultant Company and Sông Đà Corporation have been entrusted with the two projects, but again work is yet to begin.

Licogi, Vingroup and other companies have been urging the city to take control of these projects and adopt the build-transfer model.

The ministry is pondering over it too. — VNS

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