HẢI PHÒNG — The northern port city of Hải Phòng plans to implement four main transport projects in the period 2016-20, with foreign direct investment (FDI) totalling nearly US$500 million.

The information was announced by the Hải Phòng Investment, Trade and Tourism Promotion Centre on Monday.

The four projects include construction work on the subway from Nguyễn Bỉnh Khiêm Road to Vũ Yên Island, the Hồ Sen Cầu Rào 2-Nguyễn Văn Linh intersection, the Hải Thành Bridge and the Bến Lâm Bridge.

The biggest project is the Bến Lâm Bridge, connecting two districts of Hồng Bàng and Thủy Nguyên. The bridge will be 1,300m in length and have 10 lanes. The cost of the project is estimated at $160 million.

The project starting first, scheduled for this year, is the Hồ Sen Cầu Rào 2-Nguyễn Văn Linh intersection in Lê Chân District. The project will cover 6ha of land with total investment of $17 million.

Last year, Hồ Sen-Cầu Rào 2 Road connecting the city centre with Lê Chân District and Dương Kinh District was completed. Thus, the Hồ Sen Cầu Rào 2-Nguyễn Văn Linh intersection project is important as it will complete the city’s traffic system, creating a main road connecting the city centre with Highway No 5 and the Đồ Sơn Tourism Site, according to the Hải Phòng Investment, Trade and Tourism Promotion Centre. It will also help reduce heavy traffic on the Cầu Đất-Lạch Tray-Cầu Rào route.

The Hồ Sen Cầu Rào 2-Nguyễn Văn Linh intersection project is part of the city’s scheme for 2025 with a vision for 2050, to attract more investment and promote socio-economic development in Lê Chân District and the city, according to experts from the centre.

The project of building the subway from Nguyễn Bỉnh Khiêm Road to Vũ Yên Island is in Hải An and Thủy Nguyên districts. The subway will be 350metres in length and have four lanes. It will cover an area of 8.1ha with total investment of $180 million.

Once it is completed, the subway is expected to shorten travel time from the city centre to Vũ Yên Island, contributing to the city’s strategy of socio-economic development.

The last project is the Hải Thành Bridge in Dương Kinh and Hải An districts. The bridge will be 5km in length and have 12 lanes. It will cover an area of 40ha with funds of $35 million. — VNS