Construction of important expressway starts

VGP - The construction of Trung Lương – Mỹ Thuận Expressway, with the investment capital of some VND19 trillion, was kick-started on Sunday in the southern province of Tiền Giang.

November 29, 2009 4:48 PM GMT+7

PM Nguyễn Tấn Dũng (5^th from right) signals the beginning of the construction of the Trung Lương-Mỹ Thuận Expressway, Tiền Giang Province, November 29, 2009 - Photo: VGP

The 54-km expressway will join the Hồ Chí Minh City–Trung Lương Expressway, providing a springboard for the socio-economic, security, defense, and cultural development in the localities where the way runs through in particular and the Mekong Delta in general, PM Nguyễn Tấn Dũng said at the ground-breaking ceremony of the Trung Lương–Mỹ Thuận Expressway.

The national industrialization and modernization cannot be complete without a network of expressways, the PM stated, highly appreciating the investment of BIDV Expressway Development Joint-stock Company, whose the key founding shareholder is the Bank for Investment and Development of Việt Nam (BIDV), in the

project.

PM Nguyễn Tấn Dũng (wearing the green hat) talks to foreign technical experts who are working for the Trung Lương – Mỹ Thuận Expressway Project, Tiền Giang Province, November 29, 2009 - Photo: VGP

The Trung Lương – Mỹ Thuận Expressway has four lanes, 25.5-26.5m in width, allowing vehicles to run at a speed of 120 km/h. It is scheduled to open to traffic in the last quarter of 2012.

PM Nguyễn Tấn Dũng (3^rd from right) inspects the construction site of the Trung Lương – Mỹ Thuận Expressway Project, Tiền Giang Province, November 29, 2009 - Photo: VGP

BIDV Expressway Development Joint-stock Company, which will be given the right to collect toll fees on the Trung Lương–Mỹ Thuận Expressway, plans to recoup its investment in 34 years.

By Ngọc Vân