Vietnam increases investment road between Phap Van-Cau Gie Expressway and Beltway 3
The linking road between Phap Van-Cau Gie expressway and Beltway No.3 will have its investment increased from $110 million to nearly $141.3 million, with the funding coming from Hanoi’s budget.
 |
| Phap Van-Cau Gie Expressway |
Deputy Prime Minister Le Van Thanh on April 15 signed Decision No.471/QD-TTg approving the investment adjustment for the road. The construction was also adjusted from 2022 until 2025.
The DPM assigned the Ministry of Planning and Investment to take responsibility for the appraisal result of the project adjustments, while Hanoi takes responsibility for allocation of the funding in an efficient and timely manner in line with the prevailing rules to ensure the construction schedule and prevent waste and losses.
The linking road had its investment plan approved by the prime minister in early 2020. The road is 3.8km long, 60m wide, and has six lanes.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Georgia: the right place to visit and invest (December 18, 2024 | 16:15)
- Quang Ngai’s incentives will lure in industrial investment (December 17, 2024 | 17:00)
- Dong Thap excited to hail investors to industrial zones (December 17, 2024 | 15:00)
- Dong Thap pushes on with crane conservation efforts (December 17, 2024 | 12:00)
- Wholesale upgrades drive Tien Giang goals (December 17, 2024 | 11:00)
- Investing channels worth attention (December 17, 2024 | 09:08)
- Proper mindset vital for serious investors (December 16, 2024 | 16:30)
- Market signals point to new openings for investment (December 16, 2024 | 12:09)
- Drivers remain strong for consumer sector (December 14, 2024 | 16:00)
- Decoding the variables shaping investments in 2025 (December 13, 2024 | 10:53)
Latest News
Mobile Version