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The event happening at this moment LIVE on TV.
Below is a translation by Xinhua, mentioned that they ignore the Japan as the ODA provider for this project.
Billions-value Infrastructure projects recently completed with Japan aid to Vietnam, of course Japanese companies could take advantage of that too.
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Vietnam's most modern expressway to open to traffic
English.news.cn 2015-02-07 12:09:32
HO CHI MINH CITY, Feb. 7 (Xinhua) -- The entire 55-km expressway linking Ho Chi Minh (HCM) City-Long Thanh-Dau Giay in southern Vietnam will open to traffic on Sunday, becoming the most modern of this kind to date operating in the country, according to a press release by the Vietnam Expressway Company (VEC) on Saturday.
The 55 km HCM City-Long Thanh-Dau Giay Expressway, with four lanes and a designed maximum speed of 120 km per hour, was built as part of the Vietnam North-South Expressway system.
Construction of the expressway began in October 2009 by VEC, with a total investment of 20.630 trillion VND (961.41 million U.S. dollars).
According to the VEC, after the expressway fully opens to traffic, the distance from HCM City to Long Thanh District will be reduced to 22 km from the current 45 km, and travel time will be shortened by 20 minutes from the current 60 minutes.
Besides, the distance from HCM City to Vung Tau City will also be shortened from 120 km to 95 km, and travel time from 2 hours and 30 minutes to one hour and 20 minutes.
Meanwhile, the distance from HCM City to Dau Giay (Dong Nai province) will only be 50 km with travel time in one hour, instead of 70 km and 3 hours, respectively, which will save transport fee for vehicles from 20 to 30 percent.
The expressway plays an important role in reducing traffic jams in the region, minimizing traffic accidents, saving time and transport fees for vehicles, as well as promoting business between southern economic hub HCM City and other localities in region, said VEC in its announcement.
Editor: Mioh Song
Below is a translation by Xinhua, mentioned that they ignore the Japan as the ODA provider for this project.
Billions-value Infrastructure projects recently completed with Japan aid to Vietnam, of course Japanese companies could take advantage of that too.
-----------------------------
Vietnam's most modern expressway to open to traffic
English.news.cn 2015-02-07 12:09:32
HO CHI MINH CITY, Feb. 7 (Xinhua) -- The entire 55-km expressway linking Ho Chi Minh (HCM) City-Long Thanh-Dau Giay in southern Vietnam will open to traffic on Sunday, becoming the most modern of this kind to date operating in the country, according to a press release by the Vietnam Expressway Company (VEC) on Saturday.
The 55 km HCM City-Long Thanh-Dau Giay Expressway, with four lanes and a designed maximum speed of 120 km per hour, was built as part of the Vietnam North-South Expressway system.
Construction of the expressway began in October 2009 by VEC, with a total investment of 20.630 trillion VND (961.41 million U.S. dollars).
According to the VEC, after the expressway fully opens to traffic, the distance from HCM City to Long Thanh District will be reduced to 22 km from the current 45 km, and travel time will be shortened by 20 minutes from the current 60 minutes.
Besides, the distance from HCM City to Vung Tau City will also be shortened from 120 km to 95 km, and travel time from 2 hours and 30 minutes to one hour and 20 minutes.
Meanwhile, the distance from HCM City to Dau Giay (Dong Nai province) will only be 50 km with travel time in one hour, instead of 70 km and 3 hours, respectively, which will save transport fee for vehicles from 20 to 30 percent.
The expressway plays an important role in reducing traffic jams in the region, minimizing traffic accidents, saving time and transport fees for vehicles, as well as promoting business between southern economic hub HCM City and other localities in region, said VEC in its announcement.
Editor: Mioh Song
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