A map showing the Belt Road No. 4 project of the Hanoi Capital Region (Source: Vietnam Government Portal) With 474 deputies or 95.18 percent ofthe total showing support, the parliament approved a resolution on investing in the Belt Road No. 4 project of the Hanoi Capital Region.
The 112.8km road, traversing Hanoi,Hung Yen, Bac Ninh, and some other localities, will help boost regionalconnectivity and urban restructuring, effectively capitalise on satellitecities to reduce the population density in Hanoi’s inner areas, ease trafficcongestion, promote urbanisation, develop economic corridors, attractinvestment, and create resources for development in the localities, accordingto the NA Standing Committee.
Aresolution on investment in the Belt Road No. 3 project of Ho Chi Minh City wasalso given the green light after winning approval of 475 deputies, equivalentto 95.38 percent of the total lawmakers.
Thisroad, stretching 76.34km, aims to connect HCM City with Dong Nai, Binh Duong,Long An, and some nearby localities in the southern region, improve theeffectiveness of existing and future projects, create new development space,and make use of local land potential in order to build a sustainable and modernsystem of cities.
A map showing the Belt Road No. 3 project of HCM City (Source: Sai Gon Giai phong newspaper) The 117.5km expressway, running from central KhanhHoa province to Buon Ma Thuot city inthe Central Highlands province of Dak Lak, is meant to link the two regions and create momentum to their development while helping boost the effectiveness ofexisting and future projects, meet transportation demand, guarantee defence -security, reduce poverty, and improve the economy’s competitiveness.
Withsupport from 475 or 95.38 percent of the deputies, another resolution oninvestment in Phase 1 of the Bien Hoa - Vung Tau Expressway project was alsoadopted.
Theroad, about 53.7km long, is hoped to be put into use in tandem with the eastern wing of North - South Expressway and Long Thanh International Airport, connect and optimiseeconomic and seaport centres to meet transportation demand, provide room andimpulse for development in the southeastern region, ensure defence - security,and enhance the economy’s competitiveness.
The NA also passed a resolution onpiloting some special mechanisms and policies for the development of Khanh Hoaprovince, which was supported by 477 or 95.78 percent of the total legislators.
The resolution, taking effect in fiveyears starting on August 1, 2022, regulates the pilot implementation of somemechanisms and policies on financial and state budget management; statemanagement in planning, land, and environment; the separation of resettlementand site clearance projects from public investment ones; and the development of VanPhong Economic Zone and the maritime economy in Khanh Hoa./.
VNA
