Vietnam calls for investment into North-South Expressway

by VTV419 May 2019 Last updated at 15:54 PM

VTV.vn - On Friday, the Ministry of Transport held a conference to call for investment into a number of sections on the east side of the North-South Expressway.

The conference drew the participation of around 100 domestic investors and 50 foreign investors from Japan, China and the Republic of Korea. According to the Ministry of Transport, until 2020, Vietnam plans to build 11 sections of the North-South Expressway with a total length of 654 kilometers, traversing 13 provinces and cities. Three sections will be funded by the government budget while the other eight will be built under public-private partnerships. The total cost for these 11 projects is estimated at 5 billion USD, of which the government will spend 2.4 billion USD on three public investment projects and on site clearance for other projects.

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