Hanoi will take over three delayed transport projects from the Ministry of Transport to speed up efforts in curbing traffic jams in the city. (cafef.vn)
Hanoi (VNA) - Hanoiwill take over three delayed transport projects from the Ministry of Transportto speed up efforts in curbing traffic jams in the city.
The three projects are theLe Van Luong Tunnel on the city’s Ring Road No 3, the Me So Bridge Projectcrossing the Hong River and connecting Phap Van-Cau Gie Expressway with Hanoi-HaiPhong Expressway, and the interchange between Phap Van-Cau Gie expressway andRing Road No 3.
According to the ministry,investment was planned for the projects but had failed to materialise due to ashortage of funds.
The Le Van Luong Tunnel,designed to incorporate four lanes over a width of 19.1m, requires investmentof 547 billion VND (24 million USD). It is part of projects on Ring Road No 3that are developed using Japan’s overseas development assistance (ODA).However, the tunnel project is ineligible to receive the ODA disbursementbecause it has been implemented late.
The Me Tri Bridge, 1.5kmlong and 16m wide, requires investment of 4.5 trillion VND (198 million USD).The bridge should have been built under a Built-Operate-Transfer (BOT) contractbut the BOT investor refused to continue the project.
The interchange between PhapVan-Cau Gie Expressway and Ring Road No 3 needs investment of 800 billion VND (35.2million USD) but the ministry failed to find sufficient funding.
Vice Chairman of HanoiPeople’s Committee Nguyen The Hung said that the project on completing theinterchange between Phap Van-Cau Gie Expressway and Ring Road No 3 included twobridges crossing Linh Dam Lake and two approaching roads to the viaduct.
The bridges and theapproaching roads, once completed, could help reduce traffic congestion at thesouthern gate of Hanoi.
“The city will use itsbudget to build the two bridges and the approaching roads this year,” Hungsaid.
Meanwhile, the city wouldcall for investment, especially from the private sector, for the other twoprojects taken from the transport ministry.-VNA
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Hanoi will take over three delayed transport projects from the Ministry of Transport to speed up efforts in curbing traffic jams in the city. (cafef.vn) 
