State Appraisal Council for North – South Expressway project established

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Accordingly, Minister of Planning and Investment Nguyen Chi Dung will chair the council while Deputy Minister of Planning and Investment will act as Vice President of the Council.

The council’s members include leaders of ministries, ministerial-level agencies, namely Transportation, Natural Resources and Environment, National Defense, Public Security, Construction, Finance, Science and Technology, Agriculture and Rural Development, Justice and the State Bank of Vietnam.

Prime Minister Nguyen Xuan Phuc has just decided to set up a State Appraisal Council to consider the report on the pre-feasibility of the North – South Expressway project.

Regarding the North – South Expressway project investment plan, Prime Minister Nguyen Xuan Phuc requested that the site clearance work in the 2016-20 and beyond 2020 for the project should be funded in line with the approved plans.

According to the scheme submitted to the Government by the Ministry of Transport, the North – South Expressway will have a total length of 1,300 km and will be built from now to 2020 with total investment of VND229.8 trillion.

Of the sum, about 40 per cent will be funded by the State Budget (VND93.5 trillion) and the remainder will be mobilized from other sources. Under the design, vehicles can move at a speed of 100 – 120 kilometers per hour but the speed will be limited to 60 – 80 kilometers per hour in some road sections with difficult terrains.