|Vehicles run in Pháp Vân - Cầu Giẽ Expressway.— Photo vietnamplus.vn|
HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has ordered the Ministry of Transport and concerned agencies to raise domestic capital for the construction of the North-South Expressway.
The agencies were told to attract more capital from investors under the public-private-partnership model, Dũng said.
As per plan, the North-South Expressway, which is being built to meet the increasing demand of commuters, will be a high-speed road that stretches from Hà Nội to HCM City, running through 20 localities and connecting various socio-economic centres.
The 1,372-km expressway is expected to reduce the burden on National Highway No. 1 once it opens to the public by 2028 as schedule.
Initial estimates put the cost of constructing the expressway at around VNĐ300 trillion (US$13.2 billion). — VNS