Hanoi to compete elevated Ring road No.2 in December
The US$400-million road project, among the key infrastructure projects in Hanoi, is scheduled for completion after four years of construction.
The US$400-million road project, among the key infrastructure projects in Hanoi, is scheduled for completion after four years of construction.
The mayor called on all city units to speed up the preparation of projects, especially site clearance and land compensation for affected households.
The completion of ring roads No.3.5 and 4 would open up a new development space, driving the formation of large-scale polycentric urban areas to ease overloaded infrastructure in Hanoi’s downtown.
Hanoi is in need of US$350 billion to upgrade urban infrastructure and realize development visions until 2030.
Ring road No.4 not only brings in economic benefits but also is significant in terms of politics and foreign affairs.
The construction is part of Hanoi’s efforts to become a major logistics hub of the country and Southeast Asia.
Hanoi is scheduled to complete key transport projects in 2022, which will make a significant impact on the city’s development.