The Project Management Board No.1 has proposed the Ministry of Transport should increase funding for the Tan Phu-Bao Loc Expressway in the Central Highland province of Lam Dong.
The Project Management Board No.1 has proposed the Ministry of Transport should increase funding for the Tan Phu-Bao Loc Expressway in the Central Highland province of Lam Dong.
In the proposal sent to the ministry, the management board said the Tan Phu-Bao Loc Expressway was part of the Dau Giay-Lien Khuong Highway. The board urged the ministry to allocate more than VNĐ14.3 trillion (US$641 million) from the Japanese government’s official development assistance (ODA) fund to build the expressway.
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| Part of the Dau Giay-Lien Khuong Highway in the Central Highland province of Lam Dong |
The expressway is 66 kilometres long and 17 metres wide, accommodating four lanes with a designed speed of 100kph.
As planned, the project’s total investment capital is more than VND17.2 trillion ($771 million). Of which, over VND14.3 trillion ($641 million) will come from the ODA fund, while the rest comes from the Vietnamese government.
The results of the management board’s survey showed that there were currently some 7,240 cars running on National Highway 20, the main highway connecting Dong Nai and Lam Dong Province.
The flow of vehicles is too heavy for the route, even though the highway has been repaired and upgraded many times. The Tan Phu-Bao Loc section was the most dangerous part, with slopes creating a hazard for road users.
The management board said it would complete the report on the feasibility of the project and send it to the ministry by the second quarter of this year if it received approval for the extra funding.
It also said the Japan International Cooperation Agency had initially shown interest in the project.
(Source:VNS)
