Capital shortage delays completion of Belt Road in HCMC

Despite great efforts since 2011 to complete Belt Road No.2 as per schedule by 2012, capital shortage made it difficult for Ho Chi Minh City to meet the target.

Part section of Belt Road No.2 lies incomplete due to capital shortage (Photo: SGGP)

Nguyen Huu Tin, deputy chairman of the People’s Committee, had instructed relevant sides to speed up progress on the road, considered as an important target for the City.

However, capital shortage during the construction process slowed all efforts.

Once complete, Belt Road No.2 will ease traffic pressure in Districts 4, 7, 2, 9, Nha Be and Binh Chanh. Vehicles will not have to ply through the City center anymore to reach the sea port terminals in future.

By Quoc Hung – Translated by Hai Mien

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