Construction of $1.9 bln Mekong Delta expressway kicks off

By Tri Duc
Sat, June 17, 2023 | 4:25 pm GMT+7

Construction of the Chau Doc-Can Tho-Soc Trang Expressway, which will be the first to connect the Mekong Delta with Vietnam's national expressway network, began on Saturday.

The project has investment of VND44.69 trillion ($1.9 billion) from the state budget.

The 188-kilometer expressway will run through the provinces of An Giang, Can Tho, Hau Giang, and Soc Trang, and will have four lanes with a maximum speed limit of 100 kilometers per hour in the first phase. The second phase will expand to six lanes, and the project is expected to be completed in 2027.

Prime Minister Pham Minh Chinh and Vice President Vo Thi Anh Xuan attended the groundbreaking ceremony in An Giang, while Deputy Prime Minister Le Minh Khai joined the event in Soc Trang.

Prime Minister Pham Minh Chinh (center) and Vice President Vo Thi Anh Xuan (third, left) attend the construction starting ceremony of Chau Doc-Can Tho-Soc Trang Expressway in An Giang province, Vietnam's Mekong Delta on June 17, 2023. Photo courtesy of the government portal.

Prime Minister Pham Minh Chinh (center) and Vice President Vo Thi Anh Xuan (third, left) attend the construction starting ceremony of Chau Doc-Can Tho-Soc Trang Expressway in An Giang province, Vietnam's Mekong Delta on June 17, 2023. Photo courtesy of the government portal.

The expressway will be the first to connect the Mekong Delta with the national expressway network, and is one of six planned expressways for the region with a total length of 1,188 kilometers by 2050. The project aims to connect economics hubs, border gates, and seaports in the Mekong Delta, driving socioeconomic growth in the region.

PM Chinh praised the Ministry of Transport and the four localities for their speedy preparation of the project within a year, instead of the usual two years. He also urged them to focus on site clearance and compensation for affected residents, aiming to hand over 100% of the land by the end of this year.

According to the transport ministry, the Mekong Delta currently has 90 kilometers of expressways and another 458 kilometers under construction, which are scheduled to be finished by 2025.

Per the planning until 2050, the Mekong Delta will have 1,188 out of the 9,014 kilometers of expressways across Vietnam, including 760 kilometers by 2030 and 420 kilometers more after 2030.

Construction on a section of the Ring Road 3 around Ho Chi Minh City and on the Bien Hoa-Vung Tau Expressway, which is also part of the Southern Key Economic Zone (SKEZ), is scheduled to start on Sunday.

The SKEZ covers HCMC and the provinces of Binh Duong, Dong Nai, Long An, Ba Ria- Vung Tau, Binh Phuoc, Tay Ninh, and Tien Giang. Ring Road 3 will run 76.3 kilometers through HCMC, Dong Nai, Binh Duong, and Long An. It will cost an estimated VND75.4 trillion ($3.2 billion).

The Bien Hoa-Vung Tau Expressway project is located in Dong Nai and Ba Ria-Vung Tau. The first phase, with investment capital of VND17.8 trillion ($757 million), should be completed in 2025 and opened in 2026.

Comments (0)
  • Read More
Sugar cane output of world's second-largest exporter Thailand falls sharply due to drought

Sugar cane output of world's second-largest exporter Thailand falls sharply due to drought

Thailand's sugar cane output declined in the 2023-24 crop because of severe drought, according to the Office of the Cane and Sugar Board (OCSB).

Southeast Asia - Mon, April 22, 2024 | 10:13 pm GMT+7

Malaysia attaches importance to high-quality investments, start-ups

Malaysia attaches importance to high-quality investments, start-ups

Six Malaysian ministers on Monday made a joint commitment to ensure a coherent approach to achieve the goal of the Kuala Lumpur 20 Summit 2024 (KL20 Summit 2024) to make Malaysia a vibrant hub for startups and high-quality investments.

Southeast Asia - Mon, April 22, 2024 | 10:10 pm GMT+7

Thailand expects to export 1 million tonnes of durian this year

Thailand expects to export 1 million tonnes of durian this year

Thailand expects to export about 1 million tonnes of durian, valued at an estimated THB130 billion ($3.53 billion) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.

Southeast Asia - Mon, April 22, 2024 | 10:09 pm GMT+7

Thailand urged to increase proportion of renewable power generation

Thailand urged to increase proportion of renewable power generation

The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).

Southeast Asia - Mon, April 22, 2024 | 10:07 pm GMT+7

Malaysia sees increased number of young millionaires

Malaysia sees increased number of young millionaires

The number of young millionaires in Malaysia is on the rise, with a 75% increase in millionaires aged 30 and under recorded in 2022.

Southeast Asia - Mon, April 22, 2024 | 10:07 pm GMT+7

Thai government targets 20 million jobs from 'soft power' project

Thai government targets 20 million jobs from 'soft power' project

The Thai government will kick off its One Family One Soft Power (OFOS) project in June, aiming to create 20 million jobs with a minimum annual salary of THB200,000 (about $5,400), said a senior official.

Southeast Asia - Mon, April 22, 2024 | 10:05 pm GMT+7

Seven dead in northern Vietnam cement company accident

Seven dead in northern Vietnam cement company accident

A serious occupational accident occurred at Yen Bai Cement & Minerals Joint-Stock Company in Yen Bai province on Monday, killing seven people.

Society - Mon, April 22, 2024 | 7:04 pm GMT+7

Semiconductor sector to create 200,000 jobs, contribute $14 bln to Vietnam economy

Semiconductor sector to create 200,000 jobs, contribute $14 bln to Vietnam economy

Vietnam’s semiconductor sector can employ 15,000 designers, 35,000 factory engineers and 154,000 indirect workers by 2030, said Deputy Minister of Planning and Investment Tran Duy Dong.

Industries - Mon, April 22, 2024 | 6:06 pm GMT+7

Vietnam exchange rate pressures to ease gradually: economist

Vietnam exchange rate pressures to ease gradually: economist

Vietnam will see exchange rate pressures ease gradually as the U.S. Federal Reserve (Fed) gets set to reduce interest rates and the gold market becomes more stable, said economist Can Van Luc.

Banking - Mon, April 22, 2024 | 5:57 pm GMT+7

Luxury boom drives competition for prime retail space in HCMC

Luxury boom drives competition for prime retail space in HCMC

Demand for luxury retail in Ho Chi Minh City has seen exponential growth, driven by positive growth momentum and the rise in the city's wealthy customer base, said Savills Vietnam analysts.

Real Estate - Mon, April 22, 2024 | 5:23 pm GMT+7

VN-Index up 15 points after losing over 100 points last week

VN-Index up 15 points after losing over 100 points last week

Vietnam’s benchmark VN-Index gained 15.37 points, or 1.31%, to 1,190.22 on Monday, after losing more than 100 points last week, thanks to the rallies of securities and banking stocks.

Finance - Mon, April 22, 2024 | 4:34 pm GMT+7

No offshore wind projects in Vietnam until 2028: global council

No offshore wind projects in Vietnam until 2028: global council

“No real offshore wind projects are likely to be built in Vietnam until the end of 2024-2028 period,” says the Global Wind Energy Council (GWEC).

Energy - Mon, April 22, 2024 | 3:40 pm GMT+7

Work on final sub-project for eastern wing of North-South Expressway kicks off

Work on final sub-project for eastern wing of North-South Expressway kicks off

Construction of the Huu Nghi-Chi Lang Expressway, the final sub-project for the eastern wing of the giant North-South Expressway project, commenced on Sunday in the northern border province of Lang Son.

Infrastructure - Mon, April 22, 2024 | 2:40 pm GMT+7

Deputy head of Vietnam's parliament office detained for power abuse

Deputy head of Vietnam's parliament office detained for power abuse

Pham Thai Ha, deputy head of Vietnam's National Assembly Office and assistant to the parliament's Chairman Vuong Dinh Hue, has been arrested for abusing positions and power to influence others for personal gains.

Politics - Mon, April 22, 2024 | 1:10 pm GMT+7

Vietnam central bank cancels first gold auction in 11 years

Vietnam central bank cancels first gold auction in 11 years

Vietnam's central bank has canceled a gold auction due to take place at 10 a.m. Monday, which would have been the first after an 11-year hiatus.

Banking - Mon, April 22, 2024 | 10:57 am GMT+7

Margin lending at Vietnam brokers hits new high, room remains ample

Margin lending at Vietnam brokers hits new high, room remains ample

Outstanding margin loans at brokerage houses in Vietnam had risen to a record high of an estimated VND195 trillion ($7.66 billion) at the end of March.

Finance - Mon, April 22, 2024 | 10:44 am GMT+7