Hanoi invests over US$300 million per year to improve transport infrastructure
Hanoi is facing challenges in the mobilization and use of investment capital for transport infrastructure.
Over the past years, Hanoi city has spent about VND7 trillion (US$302.02 million) per year to build new roads and upgrade the existing routes to meeting rising dwelling demand, Deputy Director of the municipal Transport Department Vu Ha told Kinh Te & Do Thi.
The Hanoi city government has implemented a spate of solutions to alleviate traffic congestion, including speeding up the construction of urban railways and improving roads, the deputy director said.
Deputy Director of the Hanoi Department of Transport Vu Ha. Photo: Vo Hai |
He added that many key traffic works in the city have been completed, contributing to improving and upgrading the infrastructure system, effectively reducing traffic congestion, including Ring Road No.2, Vinh Tuy bridge, Ring Road No.3, National highway 1A (Van Dien - Ngoc Hoi section), the viaduct over the intersection of Nguyen Van Huyen - Hoang Quoc Viet, among others.
These works are proof of Hanoi's vision of the importance of transport infrastructure for the overall development of the city, Mr. Ha stressed.
However, Hanoi is facing challenges in the mobilization and use of investment capital for transport infrastructure. Shortage and misuse of capital are the main reasons for the slow progress of the city’s transport infrastructure.
In the next five years, Hanoi will focus on building more roads, especially thoroughfares connecting the city’s downtown with five satellite urban areas.
Besides, Hanoi will also pay attention to building the transportation system connecting the capital city with other provinces via radial routes, including National highways 1A, 3, 6, 21 and 21B; the axes of West Thang Long, Ngoc Hoi - Phu Xuyen; Ring Roads No.3.5, 4 and 5.
Moreover, Hanoi will focus on completing the network of intercity bus stations in the area within Ring Road No.4 as planned while building interchanges to connect the city’s downtown with other localities, provinces and cities nationwide.
Hanoi will also put urban railway line No.2A (Cat Linh - Ha Dong) and the pilot urban railway line 3 (section Nhon - Hanoi Railway Station) into operation.
Especially, the city will kick off the construction of four more urban railway lines in the period of 2021-2025, including line 5 (section Van Cao - Hoa Lac), line 3 (Hanoi Railway Station - Hoang Mai), the line from Nam Thang Long to Tran Hung Dao street, line 1 (Yen Vien - Ngoc Hoi).
Other News
- Hanoi, HCMC to submit metro plans to National Assembly in February: Deputy PM
- Hanoi integrates administrative procedures into national public service portal
- 2025 spring book fair opens to boost reading in Hanoi
- Traditional essence in Hanoi's Old Quarter Tet celebration program
- Annual Tet flower market opens in Hoan Kiem District
- Thousands of people rejoice Hanoi International Light Festival 2025
- HUFO looks back at 2024 with impressive results
- More than 2,000 drones paint Hanoi's landmarks in New Year's skies
- Hanoi accelerates completion of Ring Road No. 4 service roads in 2025
- Hanoi’s greater autonomy under Capital Law unlocks new growth opportunities
Trending
-
Vietnam, Switzerland upgrade bilateral ties to comprehensive partnership
-
Vietnam news in brief - January 21
-
Tet homework? Yes, but keep it light to avoid stress for students
-
Vietnam hosts first international lantern competition
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads