
The total investment cost of the above projects will be 7.1trillion VND (304.3 million USD)
The project of upgrading National Highway 53 includes upgrading asection passing through Long Ho – Ba Si in Vinh Long and Tra Vinhprovinces with a length of 46 kilometres and constructing a 23-kilometre bypassin Vung Liem district, Vinh Long province. The project will cost over 1.8trillion VND, of which the reciprocal capital is 580 billion VND.
A project to improve 77 kilometres of National Highway62 and build an 8-kilometre bypass through the town of Tan Thanh, TanThanh district in Long An province, will cost an estimated 2.2 trillionVND, including a loan of 1.5 trillion VND and reciprocal capital of 705billion VND.
For the 142-kilometre National Highway 91B south of the Hau River,the total investment capital will be 1.5 trillion VND, of which over 1.3trillion VND will be sourced from borrowing.
The above projects are expected to shorten travel times,meet transportation demand, ensure traffic safety, complete theregional road systems and help respond to climate change in the MekongDelta.
In addition, 16 projects worth 94.3 trillion VND (4 million USD) areproposed to boost traffic connections and prevent erosion and drought in theMekong Delta.
Among those projects are a coastal road running 415 kilometresthrough seven provinces at a cost of 43 trillion VND and the second phase of anembankment project worth 4.1 trillion VND in Vinh Long.
The remaining projects include building new roads and canals orupgrading existing ones in the region.
The Mekong Delta, covering 40,000 square kilometres (four millionhectares), or 13% of the nation’s total area, is home to 17.5 millionpeople, or 18% of the nation’s population.
For generations, the delta, which has 1.5 million hectares of landcultivating rice, has been the rice bowl of the nation.
The region accounts for half of the nation’s rice production, 95% ofrice exports, 65% of aquaculture production, and 70% of fruitoutput./.
VNA