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
- New Hope ceases Binh Dinh pig-breeding project (April 19, 2024 | 18:34)
- Localities get ready for fourth FDI boom (April 19, 2024 | 16:41)
- Japanese retailer Takashimaya to advance project in Hanoi (April 19, 2024 | 11:31)
- Carmakers go it alone on e-vehicle charging solutions (April 18, 2024 | 14:00)
- Need is urgent for e-vehicle charging infrastructure (April 18, 2024 | 11:00)
- Chinese electric vehicle names remain in pole position of market expansion efforts (April 18, 2024 | 09:00)
- Industrial parks within Vietnam keen on Taiwanese investment (April 17, 2024 | 23:00)
- Vietnam can emulate Taiwanese high-tech success (April 17, 2024 | 21:00)
- Capital influx from Taiwan builds up steam in Vietnam (April 17, 2024 | 19:00)
- Chip industry taking on new players (April 17, 2024 | 16:38)
Mobile Version