The Government has approved the basic design of Tan Van-Nhon Trach section of Belt Road No.3 in Ho Chi Minh city.
The Government has approved the basic design of Tan Van-Nhon Trach section of Belt Road No.3 in Ho Chi Minh city.
The section runs from the intersection at Dong Nai’s Ben Luc-Long Thanh Expressway to the Tan Van-My Phuoc intersection in Binh Duong, with a total length of 34.2 km, including the main section of 28.4km and an approach section of 5.88 km connecting it with HCMC’s Thu Duc Intersection.
In the first phase, a section of 17.8 km from Nhon Trach to Thu Duc Intersection will be built with four main lanes and two sideways in parallel. The investment cost is estimated at VND430 trillion.
According to a source of the transport ministry, half of the total capital worth US$200 million will be loaned by South Korea’s government, and the rest is expectedly raised from local and foreign enterprises under the public-private partnership (PPP).
(Source::SGT)
