Ho Chi Minh City’s department of Transportation has annouced its plan to start the construction of around 70 projects this year, including 45 projects for upgrading and expansion of roads, and 23 new bridges.
Some of the notable projects are 59km section of the southern intercity expressway with 10 lanes, connecting key industrial zones in Ben Luc, Nhon Trach and Long Thanh districts; a parallel road along the HCM City- Long Thanh- Dau Giay expressway; a belt ring road which will connect HCM City and Bình Dương and Long An provinces…
The authority is looking into generating more funds from the private sector for transport projects. The People’s Commitee suggested Department of Transport examine the investment plan of the transport projects in the form of build and transfer (BT) instead of the current form of build-operate-transfer (BOT). The authority would be the one who organises bidding for transport projects under the new form of BT.
(Source: Vietnam News)