Deputy Prime Minister has directed to arrange capital to build the North - South expressway

HANOI, May 19 (Engineering Daily) -- Deputy Prime Minister Trinh Dinh Dung has directed the credit sources in the country to invest in the construction of the North - South Expressway project.

Deputy Prime Minister has assigned the Ministry of Transport, Planning and Investment, Finance to study the recommendations of the Vietnam State Bank, timely report to the Prime Minister solutions to arrange capital to deploy the construction of North-South expressway; At the same time, to take effective measures to remove difficulties, promote investment in the form of public-private partnerships.

North-South Expressway Project aims to form an expressway that meets high transport capacity, high speed and safety; connecting economic and social centers from Hanoi to Ho Chi Minh City through 20 provinces and cities; connecting economic zones, industrial parks and seaports in order to develop socio-economic in areas where expressways run in particular and the country as in general; to reduce pressure and exploit more effectively Highway 1; It is suitable with the country's resources and orientation of infrastructure development planning, including transport infrastructure.