According to the Ministry of Transport (MoT), its divisions are striving to complete the statement to the Politburo for the policy approval of implementing a set target of 5,000- kilometer long expressways in the whole country by 2030 with specific targets and capital demand for each period.
According to the Ministry of Transport (MoT), its divisions are striving to complete the statement to the Politburo for the policy approval of implementing a set target of 5,000- kilometer long expressways in the whole country by 2030 with specific targets and capital demand for each period.
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Particularly, expressway construction projects with a total length of 871 kilometers will be completed and 1,176-kilometer new ones will be started works in the period 2021 – 2025. Of which, the country will complete Hoa Lien-Tuy Loan and Dau Giay- Tan Phu- Bao Loc expressways in the Central and Central Highlands regions with a total length of 139 kilometers and start works of Buon Ma Thuot – Van Phong expressway project with 105 kilometers.
In the period 2025 to 2030, the country will continuously complete at least 874- kilometer long expressways. Of which, there will be additional three expressways in the Northern region, including Moc Chau – Son La, Phu Tho – Cho Ben, Ring Road No.5 in Hanoi with a total length of 363 kilometers; three more expressways, consisting Vinh – Thanh Thuy, Quy Nhon – Pleiku, Bao Loc – Lien Khuong with a total length of 299 kilometers in the Central and Central Highlands regions; additional two expressways in the Southern region, including the Ring Road No.4 in Ho Chi Minh City and Go Dau – Xa Mat, with a total length of 170 kilometers.
In the Mekong Delta region, Ha Tien – Rach Gia and Hong Ngu – Tra Vinh expressway construction projects with a total length of 207 kilometers will be started works.
To reach the target, it is estimated to have investment capital of around VND350,936 billion (US$15.2 billion), including VND219,523 billion (US$9.5 billion) from the national budget, VND131,413 billion (US$5.7 billion) from other financial sources.
As for the national budget, the Government assigned localities to arrange VND37,168 billion (US$1.6 billion). After arranging capital, the localities currently need an additional VND44,355 billion (nearly US$2 billion) to implement the projects.
In the period 2026-2030, the capital demand for the above projects will be around VND395,670 billion (US$17.2 billion), including VND209,164 billion (US$9.1 billion) from the national budget and VND186,506 billion (US$8.1 billion) from other financial sources.
(Source:SGGP)
