Vietnam’s Government proposes 729 km extension for north-south expressway estimated to cost US$6.5 billion
The government has suggested to the parliament that it approves twelve projects adding 729 km (453 miles) to the eastern part of the North-South Expressway from now until 2025.
According to VN Express, in a proposal sent to the National Assembly Tuesday, the government said the twelve projects will be built under the public-private-partnership (PPP) investment model.
Together, the projects will cost an estimated VND147 trillion ($6.5 billion), including VND95.83 trillion in construction costs and VND19 trillion for site clearance and resettlement.
The government also said it wants to finish clearing sites for the twelve projects within the next two years so that construction can start in 2023 and be completed by 2025.
In September, the government has passed a plan for Vietnam to have more than 5,000 km of expressways by 2030 and almost double that by 2050.
Under the plan, the 2,000-km eastern North-South Expressway from Lang Son to Ca Mau and the 1,200-km western North-South Expressway linking Tuyen Quang and Kien Giang provinces will be completed by 2050.
The rest of the projects include fourteen expressways with a total length of 2,300 km in the north; ten running 1,400 km in the central region; and another ten projects running 1,290 km in the south.
The country has more than 1,160 km of expressways at present.