US$5.54 billion for Ho Chi Minh roads
Vietnam has announced a massive budget for road maintenance and development in Ho Chi Minh City in their 2016-2020 road transport development plan.
US$5.54 billion has been earmarked for improving the city’s road infrastructure.
The projects include:
- Construction of Belt Roads No3 and No4
- The Ben Luc-Long Thanh Highway
- Tunnels at the Cong Hoa-Truong Chinh and An Suong intersections
- Flyovers at the Nguyen Huu Tho-Nguyen Van Linh Intersection, My Thuy Roundabout and Go Vap Roundabout.
- Construction of a 7.5km-long, six-lane road connecting Nguyen Van Linh Street and Ba Chiem Bridge.
Other projects include a proposal for the construction of a north-south road for an estimated US$377.7 million.
Vietnam’s road infrastructure continues to improve and more plans are being outlined and funding sought from donor agencies including the World Bank and the Asian Development Bank.