Vietnam mulls $194 million expressway in Mekong Delta province

06-Dec-2019 Intellasia | VN Express | 6:02 AM Print This Post

Vietnam is considering a VND4.5 trillion ($194.2 million) expressway in Dong Thap Province that will connect with other Mekong Delta localities.

The four-lane, 17-metre wide expressway, running 26 kilometers southwest from Thap Muoi District till Cao Lanh Bridge, will allow speeds of up to 80 kilometers per hour, according to the Ministry of Transport.

It will be a part of the 130 kilometer expressway that connects Dong Thap with Can Tho City and Kien Giang Province.

Funding for the project will come from a VND3.8 trillion ($163.9 million) loan from South Korea’s Economic Development Cooperation Fund and a VND690 billion ($29.8 million) contribution from the state’s coffers.

Construction will take four years starting from when the funds are made available.

This is one of several expressway projects proposed in the Mekong Delta region to boost socio-economic development. A VND30 trillion ($1.3 billion) road is planned to connect Can Tho and Hau Giang Province.

Meanwhile, construction of the long-delayed VND12.67 trillion ($543 million) Trung Luong-My Thuan Expressway, linking HCM City with the Mekong Delta, is ongoing and is set to finish in 2021.

https://e.vnexpress.net/news/business/economy/vietnam-mulls-194 million-expressway-in-mekong-delta-province-4022297.html

 


Category: Business, Vietnam

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