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Tuesday, June 18, 2024

VND19.8 trillion approved for 61km expressway in northern Vietnam

The Saigon Times

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HCMC – Vietnam will spend VND19.8 trillion constructing a 60.9-kilometer expressway linking two northern provinces — Nam Dinh and Thai Binh.

The project has been approved by Prime Minister Pham Minh Chinh and will be developed under the public-private partnership (PPP) format.

The planned road is part of the Ninh Binh-Haiphong expressway project. It will have four lanes with a speed limit of 120 kilometers per hour and is scheduled for completion in 2027.

The road will run from Nghia Hung District in Nam Dinh Province to Thai Thuy District in Thai Binh Province. The Nam Dinh section will be 27.6 kilometers long while the length of the Thai Binh section will be 33.3 kilometers.

The project will help boost economic growth and enhance connectivity between major cities such as Hanoi, Haiphong and Thanh Hoa.

This investment is part of Vietnam’s broader plan to establish a comprehensive nationwide network of expressways. The country aims to expand this network to 4,000 kilometers by 2025.

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