The 16.3km road, which runs from Bac Ly commune, Ly Nhan district to Liem Tuyen ward, Phu Ly city, Ha Nam province, will be constructed at a total cost of708.82 billion VND (31.27 million USD) with Ha Nam’s Transport Department asthe investor, and Xuan Truong Construction Enterprise as the constructor.
It is scheduled to be completed next year.
In his remarks, Phuc stressed the significance of theroad which will help ease traffic overload in Hanoi, attract investmentsand promote trade, tourism and urban development in the Red River delta region.
The leader asked the transport sector to coordinatewith other ministries and agencies in mobilising resources, including Statecapital and investments in the forms of Build-Operate-Transfer (BOT) andPublic-Private Partnership (PPP), to upgrade seaports and inland waterwayports, and develop urban chains./.