Nearly US$600 million for expressway construction
(VOV) -The Transport Ministry has signed a deal with a consortium of contractors to build a 77km expressway linking Thua Thien-Hue province and Danang city in central Vietnam at a total cost of nearly US$600 million).
The La Son-Tuy Loan section, part of a Ho Chi Minh Highway project – another trans-Vietnam highway, will be carried out over three years in the form of build-transfer (BT).
The Ministry of Transport’s proposal to build the expressway received an approval from the Prime Minister in May 2014.
According to plan, contractors will build a two-lane section in the first phase and upgrade it to the four-lane in the second phase.