ADB Assists Ho Chi Minh City Thruway Development

The Asian Development Bank (ADB) announced on Friday a US$10 million loan for Viet Nam to help develop an expressway that will ease traffic congestion in and around Ho Chi Minh City, the country’s southern economic hub.

An artist's impression of the Ho Chi Minh City - Long Thanh-Dau Giay Expressway

The technical assistance project for the Ho Chi Minh City-Long Thanh-Dau Giay Expressway will help the Vietnamese Government complete pre-construction activities for the proposed road, said the announcement.

Pre-construction requirements include detailed engineering designs, updated resettlement plans for people who might be affected by the development, and bidding documents for acquisition of civil works, goods and consulting services.

The project will also strengthen the capacity of state-owned Vietnam Expressway Corp., which invests in expressway construction, management, operations and maintenance.

Total cost of the technical assistance is US$11.22 million. Viet Nam will cover the balance to complete the funding requirement.

“The road network both within and around Ho Chi Minh City is becoming heavily congested... There is an urgent need to provide relief to city roads connecting the center of Ho Chi Minh City and the port area with roads leading north from the city to central and northern Viet Nam,” Paul Vallely, senior transport specialist of ADB’s Viet Nam Resident Mission, said in the statement.

The proposed expressway project involves the development of a 57-kilometer, four-lane expressway between 2009 and 2012. The road, from the city to Long Thanh and Dau Giay of neighboring Dong Nai Province, includes a bridge around 1,700 meters long, eight intersections and three toll stations.

Reported by Khanh Van

Other news