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Thursday, April 25, 2024

VND6.2 trillion sought for My An-Cao Lanh expressway

By Nguyen Tan

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HCMC – The My Thuan Project Management Board has asked the Ministry of Transport for approval of the first phase of the My An-Cao Lanh expressway project worth VND6.2 trillion.

The road in Dong Thap Province will have a total length of 27 km, starting from National Highway N2 and ending at Cao Lanh Bridge. In the first phase, the expressway would have four lanes.

According to the My Thuan Project Management Board, around VND4,462 billion of the cost would be sourced from an official development assistance loan from the South Korean Economic Development Cooperation Fund and VND1,747 billion from the Government’s reciprocal capital.

The project is expected to be completed within five years from the effective date of the facility agreement.

Once completed, the expressway would enhance traffic flow on the Ho Chi Minh Road and improve connectivity with the vertical and horizontal expressway axes in the Mekong Delta region.

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