Society
Stock market continues to consolidate amid cautious sentiment
1.
|
| Numerous infrastructure plans have been carried out to improve economic development in Tây Ninh Province. The proposed HCM City - Mộc Bài Highway (red dotted line) is expected to enhance relations with other ASEAN countries. — Photo: tuoitre.vn |
TÂY NINH — Tây Ninh Province's 2021-25 infrastructure plan includes the construction of the HCM - Mộc Bài (Tây Ninh) highway and N8-787B-789 road, and expansion of the ĐT 795 road.
The 53-kilometre highway will include 23.7 kilometres through HCM City and 26.3 kilometres through Tây Ninh Province. It is expected to be completed in 2025.
The highway will extend from Beltway No 3 (Củ Chi) and connect to National Highway No 22. The highway is expected to ease traffic congestion on National Highway No 22.
Tây Ninh Province agreed that the HCM People’s Committee would monitor the investment process of the project. The plan will be executed under the PPP (public-private partnership) model.
The highway construction will have two phases. The first phase will be completed in 2025 with four lanes and cost VNĐ15.9 trillion (US$686 million). State budget funds from provinces will be used for site clearance costs, about VNĐ 7.4 billion (US$302,000).
In the second phase, it will be widened from Củ Chi (HCM City) to ĐT 787B (Trảng Bàng Town) and from ĐT 787B to Mộc Bài Border Gate.
Nguyễn Thanh Ngọc, chairman of the Tây Ninh Province People’s Committee, said that the highway would improve socio-economic development in the region and create favourable conditions for cross-border trade with other ASEAN countries.
The N8 - 787B - 789 road will go through the province’s Trảng Bàng Town, Dương Minh Châu District, and Bình Dương and Bình Phước provinces. It will be 48 kilometres long and cost more than VNĐ3.4 trillion (nearly US$148 million).
The new roads will provide better access for everyone in the southern region.
A highway connecting Gò Dầu - Xa Mát- Tây Ninh is also under consideration.
Traffic infrastructure development has been one of four key projects of Tây Ninh since 2015. — VNS
