Friday, October 03, 2008

ADB-funded expressway to ease traffic around HCMC

The Asian Development Bank (ADB) has approved a US$410 million loan for the construction of a 51-kilometer expressway linking Ho Chi Minh City and Dong Nai Province, it said in a statement Tuesday.

The four-lane expressway, which will be tolled, will start from the junction of the Second Ring Road in District 9 and end at the junction with National Highway 1 at Dau Giay in Dong Nai Province.

This major project includes the construction of a 1,700-meter bridge over the Dong Nai River at Long Thanh in Ba Ria-Vung Tau.

Since the road network around the city was heavily congested, the new expressway would help streamline traffic, the statement said.

It would also cause a “flow-on effect” lessening pollution caused by traffic congestion and reduce accidents, Infrastructure Director at ADB’s Southeast Asia Department, John Cooney, said.