Present at the event, Deputy Prime Minister Hoang Trung Hai highlighted a concerted effort by the transport sector in refining the national transport infrastructure, which will be supported by the Phu Ly bypass as the last of its kind.
He hailed the Ministry of Transport for actively mobilising sufficient capital from all possible sources for the fining transport infrastructural system.
The Phu Ly bypass project has a total investment of over VND2.04 trillion (US$97.5 million) to undertake the form of BOT (Build-Operate-Transfer).
When completed by 2016, it is hoped to help reduce traffic congestion on the current National Highway 1A and form a smooth transport and economic connection between Ha Nam and its neighbours.
The Phu Ly bypass is 23.3 km long. It is designed to have four lanes for motorized vehicles, with a standard speed of 80km per hour.
