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Vietnam to Intensify Investment in Hanoi's Transport

Xinhuanet 2002-06-25 12:39:37

””””HANOI, June 25 (Xinhuanet) -- Vietnam has worked out a 52 trillion Vietnamese dong (VND) (3.4 billion U.S. dollars) master plan to improve the transport of the country's capital city Hanoi, VietnamNews reported Tuesday.

””””The plan will reorganize public transport, upgrade roads, buildmore highways and ring roads, and develop modern railway and waterway systems.

””””Under the plan, 14 national roads and highways will be extendedat a cost of 9.324 trillion VND (621.6 million U.S. dollars). Manyroads will be widened from two lanes to four or six. Some 14 key roads will also be built at a cost of 1.231 trillion VND (82 million U.S. dollars).

””””The total investment capital needed to develop the railway network is estimated at 20.644 trillion VND (1.38 billion U.S. dollars).

””””Furthermore, the plan will also focus on controlling the flow of the Duong and Hong (Red) rivers with an investment capital of 4.11 trillion VND (274 million U.S. dollars).

””””The construction will take place in the 2003-2015 period. Enditem

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