$65 bln master plan proposed for Vietnam traffic infrastructure
By Doan Loan April 20, 2021 | 02:11 pm GMT+7
An intersection of Ha Long-Van Don Expressway in northern Vietnam. Photo by VnExpress/Minh Cuong.
A Transport Ministry agency has proposed spending VND1,000-1,500 trillion renovating road, rail, inland waterway, sea and air transport infrastructure from now until 2030.
For such a master plan to be carried out in the 2021-2030 period and with a vision until 2050, the Transport Department and Strategy Institute under the ministry has three different proposals.
The first proposal would cost from VND900 trillion to VND1,000 trillion ($39-43.3 billion), or 1-1.1 percent of the nation s GDP, to include work to build 5,000 kilometers (3,100 miles) of expressway in total; complete Long Thanh International Airport, the biggest in Vietnam once completed in Dong Nai Province that borders Ho Chi Minh City, Lach Huyen Port, a deep-water port in the northern port city of Hai P