Coastal road in Thái Binh Province approved

A section of coastal road. - Illustrative Photo kinhtedothi.vn

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has approved a project to build a coastal road in northern Thái Bình Province.

The project, scheduled to start in 2018 and complete in 2021, will connect northern coastal provinces with the aim to increase the use of marine resources as well as prepare for climate change impacts and rescue on the seas.

The project to build the 35.5km road has a total investment capital of over VNĐ3.872 trillion (US$169 million), of which capital from the State budget is VNĐ1.1 trillion ($48.2 million), capital mobilised from the local government and other sources is VNĐ1.593 trillion ($69.8 billion), while capital from investors under the build-operate-transfer (BOT) model is VNĐ1.289 trillion ($56.4 million)

The BOT investor plans to collect the toll fee from March 2020 to 2045. — VNS

Tags Vietnam Vietnam News news coastal road inThai Binh Province

Việt Nam International Defence Expo 2024 impresses foreign guests

Society

Historic milestone: HCM City’s first metro line launches after years of delay

Society

Fire safety tightened for private homes after karaoke bar traged

Society

Three prosecuted for organising illegal migration to the US

Society

Hà Nội banquet leaves two dead, 15 hospitalised

Society

Viettel's hi-tech products meet standards for supply to Malaysia

More on this story

Society

Watchdog seizes over 4 tonnes of expired corn

The Hà Nội Market Management Department’s Team 14 seized four tonnes of corn seeds with unclear expiry date on Wednesday afternoon.

Society

Jail-breaking prisoners prosecuted

Hà Nội Police have asked the city procuracy to prosecute two defendants for breaking out of prison.

Society

Landslides threaten lives of Bình Minh Town residents

Scores of households living along the Hậu River in Thành Phước Ward, Bình Minh Town, in the southern province of Vĩnh Long have faced the risk of landslides for years.

Society

Tân Sơn Nhất to go south: PM Phúc

Prime Minister Nguyễn Xuân Phúc yesterday had the final word in the prolonged debate on how to expand the overcrowded Tân Sơn Nhất airport, deciding to build another terminal south of the airport.

Society

Education sector urged to solve pressing issues

Viet Nam’s education sector has been ordered to shape up and improve its public image.

Society

Đắk Lắk school principal arrested for graft

Police said they have arrested Huỳnh Bê, a principal of a secondary school in the Central Highlands province, over allegations of misappropriated assets.

Society

Digitalisation to drive agriculture in a sustainable way: Eurocham experts

Digitalization is the engine that would drive the future of agriculture, “Agriculture in Việt Nam: Can innovation push Việt Nam to the top of the global market?”, a meeting organised by Eurocham in HCM City this week, heard.

Society

HCMC rubbish at treating its waste

Holding bidding for trash collection contracts is a positive step in theory for HCM City, but the city’s administration has struggled to turn the idea into reality.

Society

ADB loan helps HCM City resume flood-prevention projects

The Asian Development Bank (ADB) plans to give a US$350 million loan (VND8 trillion) to the city for flood-prevention projects, according to the Steering Centre for Urban Flood Control (SCFC).