HCM City requires over 42 bln USD for transport infrastructure upgrades

The HCM City People’s Committee has issued a plan to implement the city's transport infrastructure upgrade project in the 2021-2030 period, which will require investment of over 42.3 billion USD.

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During the 2021-2025 period, the city will prioritise key and urgent projects, including the HCM City-Moc Bai Highway, Ring Roads No 2 and 3, National Highways No 1, No 22, No 50, and No 13, several elevated roads, main intersections and bridges in high-density urban areas.

The city has requested that sectors and localities develop specific programmes, plans, and projects on infrastructure development in the periods to ensure the effective implementation of the transport infrastructure upgrade project./.

VNA