Vietnam Ministry Okayed to Start Building US$509M Expressway Nov 24

2:24:53 PM | 11/19/2009

Vietnamese Prime Minister Nguyen Tan Dung has allowed the Ministry of Transport to start construction of an expressway worth VND9.1 trillion (US$509 million).
 
Of the sum, VND6 trillion is from ODA funds from the Japan International Cooperation Agency (JICA) and the rest from Vietnam’s reciprocal capital.
 
The 61.3 kilometer four-lane road will connect Hanoi to provinces of Bac Ninh and Thai Nguyen.
 
The project developed into four bidding packages is expected to open to traffic in 2013. (Investment)