Proposal to add 1,600 billion VND to invest in 4 major traffic intersections in Ho Chi Minh City

The Ho Chi Minh City Department of Transport has proposed to supplement the medium-term public investment plan for the 2021-2025 period to invest in four major traffic intersections in 2025.

The Ho Chi Minh City Department of Transport has proposed to supplement the medium-term public investment plan for the 2021-2025 period to invest in four major traffic intersections in 2025.

The Department of Transport (GTVT), Ho Chi Minh City has just sent a document to the Department of Planning and Investment to advise the City People's Committee to supplement the medium-term public investment plan for the period 2021-2025, to prioritize investment in 4 major traffic intersections.

Ho Chi Minh City is planning to invest in many large traffic intersections. In this photo, the construction of the An Phu traffic intersection is expected to be completed by 2025 - Photo: Le Toan

Projects proposed for priority investment include: Dien Bien Phu - Le Hong Phong - Ly Thai To - Ngo Gia Tu intersection (connecting District 3 and District 10); Nguyen Tri Phuong - Ngo Gia Tu - Nguyen Chi Thanh intersection (connecting District 5 and District 10); Nguyen Oanh - Phan Van Tri intersection (Go Vap District); National Highway 1 - Road No. 7 - Road No. 18 intersection (Binh Tan District).

The total estimated investment for the 4 intersections is about 1,600 billion VND (each project is 400 billion VND).

To promptly carry out investment preparation procedures for 4 intersections in 2025, the Department of Transport requested the Department of Planning and Investment to promptly advise the City People's Committee to supplement the medium-term public investment plan for the period 2021-2025, include it in the 2025 public investment plan and issue a Decision assigning the task of preparing investment policy proposals to have a basis for implementation.

According to the HCM City Department of Transport, the proposed intersections for priority investment are all important intersections and often experience traffic jams, so the implementation progress needs to be accelerated to resolve traffic congestion.

Source: https://baodautu.vn/de-xuat-bo-sung-1600-ty-dong-de-dau-tu-4-nut-giao-thong-lon-tai-tphcm-d232626.html