Transport Ministry allows My Thuan-Can Tho project

The Transport Ministry has approved plans for both the financing and construction of the My Thuan-Can Tho Highway.

Estimated cost of construction is VND6.08 trillion (US$296.8 million) which will be raised from the State Budget, foreign capital and domestic investors.

The ministry has also allowed the sale of land along the highway to raise money.

Work on the My Thuan-Can Tho Highway, part of HCM City-Trung Luong-My Thuan-Can Tho Highway project, is planned to begin in 2011. The 32.2 kilometres, six-lane road is scheduled to complete in 2016 with 12 bridge across the Mekong River. -VNS

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Posted by VBN on Nov 5 2010. Filed under Infrastructure. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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