HCMC – The Ministry of Transport and the Lai Chau Province government jointly held a ceremony today, December 27, to break ground on a road project connecting the three northern mountainous provinces of Lai Chau, Lao Cai and Yen Bai, with over VND5.3 trillion (US$235 million) in investment.
The project comprises two routes. The first route, with a total length of some 147 kilometers, will connect Lai Chau with the Noi Bai-Lao Cai Expressway. The second one, around 53 kilometers, will link Nghia Lo Town in Yen Bai with the expressway.
The project is expected to be completed in mid-2024. After completion, it will help shorten the travel time and distance between the three provinces mentioned above and the capital city of Hanoi, thus reducing passenger and goods transport costs, enhancing the connectivity among the localities, and promoting regional socioeconomic growth.
The project is financed by Official Development Assistance loans offered by the Asian Development Bank and the Australian Government, in addition to the reciprocal capital of the Vietnamese Government. The ministry’s Project Management Board No. 2 will be the investor.
Speaking at the ground-breaking ceremony, Deputy Prime Minister Pham Binh Minh asked the project’s investor to ensure the project’s quality, progress and capital during the implementation period in line with prevailing regulations.
As this is a key project that carries special importance for the northern mountainous localities, the project’s construction work must strictly comply with technical requirements and ensure it takes place as scheduled, Minh added.