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Thursday, January 07, 2021, 19:59 GMT+7
This photo shows traffic congestion on Hoang Van Thu Street in Tan Binh Ditsrict, Ho Chi Minh City. Photo: Quang Dinh / Tuoi Tre
Several road projects to alleviate traffic congestion on important streets leading to the center of Ho Chi Minh City have remained on paper due to sluggish site clearance and investors
inadequate financial capability.
The projects include six street expansions and elevated roads near Tan Son Nhat International Airports, with a combined investment of VND7 trillion (US$302.5 million).
Among that, the renovation of Cong Hoa Street in Tan Binh District, which costs VND141.8 billion ($6.1 million) and is slated for completion after only six months of construction, has yet been carried out though it was approved five years ago.