HCMC – Hanoi City is speeding up work on key traffic projects, including the Nhon-Hanoi Station metro line, Beltway No. 2, the Vinh Tuy bridge and a road tunnel.
Data from the Hanoi Statistics Office indicated that the city disbursed an estimated VND4.18 trillion of public investment capital sourced from the State budget in August, increasing by 1.8% month-on-month and by 2.2-fold year-on-year.
The city government has ordered departments and districts to closely supervise the progress of key projects, saying they will be held accountable for delayed public investment projects, the local media reported.
Besides, the city’s districts and investors were asked to promptly report the progress and the quality of the key projects to the municipal government to remove obstacles and impose harsh sanctions on those who delay the work.
Among the key projects, the 12.5-kilometer-long Nhon-Hanoi Station metro line is over 75% complete. The competent agencies and investors of the project, which requires VND32.9 trillion in investment, are focusing on checking and assessing the quality of the urban railway. The 8.5-kilometer-long elevated section of the metro line is set to be opened to traffic in late 2022 as it is over 96% complete.
As for the Beltway No. 2 project, its investor and contractor are speeding up work on a 5.1-kilometer-long section stretching from Vinh Tuy bridge to Nga Tu So Ward in Dong Da District and elevated sections to put the entire elevated part of the metro line into operation in 2023.
In addition, the second phase of the Vinh Tuy bridge project commenced in January 2021, with a total cost of over VND2.5 trillion. The project, including the bridge and approach roads with a total length of over 3.5 kilometers, will be completed in June 2023.
Another key traffic project is the Le Van Luong-Ring Road No. 3 tunnel project, with a total length of 475 meters. Workers are stepping up work to complete the VND700-billion project by October as scheduled.
Apart from this, the city is also expediting the construction of the Hanoi Children’s Palace project, which will cost over VND1.3 trillion. The first phase of the project is underway. The palace, which got off the ground in March last year, will be completed in 2024.