A budget of 15 trillion VND (645 million USD) will be spent on 14 urgent transport projects during the 2016-2020 period under the Standing Committee of 14th National Assembly’s Resolution No.566/NQ-UBTVQG14.
A budget of 15 trillion VND will be spent on 14 urgent transport projects during the 2016-2020 period. (Photo: VNA)
Hanoi (VNA) – A budget of 15 trillion VND (645 million USD) will bespent on 14 urgent transport projects during the 2016-2020 period under the StandingCommittee of 14th National Assembly’s Resolution No.566/NQ-UBTVQG14.
An amount of 7 trillion VND (301 million USD) will be allocated for fourrailway projects, including the upgrade of weak bridges on Hanoi-Ho Chi Minh Cityroute, construction of new stations on Vinh-Nha Trang route, upgrade ofessential works on Hanoi-Vinh route, and upgrade of vital works on NhaTrang-Sai Gon route.
The remaining will be used for 10 road projects, comprising construction of aroad connecting national highways 4C and 4D, national highway 3B, a road linkingHanoi-Hai Phong and Cau Gie-Ninh Binh expressways, and national highway 27.
Other projects include upgrade of national highway 24, national highway 25,national highway 53’s Tra Vinh-Long Toan section in Tra Vinh province, nationalhighway 57’s Dinh Khao- Mo Cay section in Ben Tre and Vinh Long provinces, QuanLo-Phung Hiep road, and national highway 30’s Cao Lanh-Hong Ngu section in DongThap province.
The NA Standing Committee assigned the Government to direct relevantministries, sectors, and localities to urgently complete investment procedures,allocate capital, and carry out the projects in line with the Law on publicinvestment, and related regulations.
Those projects play a significant role in promoting socio-economy and ensuringdefence-security.-VNA
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A budget of 15 trillion VND will be spent on 14 urgent transport projects during the 2016-2020 period.
