DTiNews
  1. VIETNAM TODAY

  2. Society

Hai Duong proposes VND24-trillion belt road investment

The northern province of Hai Duong has proposed a VND24 trillion (USD1.03 billion) investment into the Ring Road 5 project.

The northern province of Hai Duong has proposed a VND24 trillion (USD1.03 billion) investment into the Ring Road 5 project.

Under the proposal, the city wants to build a 52.7-kilometre road section in the 2022-2025 period. The investment capital for the construction will be from the state budget, while the cost for the site clearance will be arranged by Hai Duong.

Hai Duong proposes VND24-trillion belt road investment - 1
 

(Illustrative photo)

The road is expected to help ease traffic congestion for national highways 37, 38, 17B, 5 and 18.

Ring Road 5, which was approved by the prime minister in 2014, goes through Hanoi, Hai Duong, Bac Giang, Thai Nguyen, Vinh Phuc, Ha Nam, Hoa Binh and Thai Binh.

Source: dtinews.vn
More news
Loading...