1.4 billion USD to build new highway

Friday, 02/17/2012 07:00
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Around 1.4 billion USD will be needed to build a new Hanoi-Lang Son expressway, with 500 million USD in support from the Asian Development Bank (ADB).

File for illustration (Source: VNA)

Vice General Director of the Vietnam Expressway Investment and Development Corporation (VEC), Tran Ngoc Hoang, said that a feasibility study for this project made by VEC and ADB consultants was presented to the Ministry of Transport on Feb. 17 in Hanoi.

With a total length of 158 km, the expressway will go through the northern provinces of Lang Son, Bac Giang, Bac Ninh and the capital city of Hanoi .

According to VEC, the expressway will facilitate transport from Hanoi to the northern provinces and help boost Vietnam-China trade exchange and create good conditions to develop the key economic zone in Vietnam’s northeast region./.

Source : VNA/Vietnam+

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