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Over US$209 mln to be invested in My An- Cao Lanh expressway project

SGGP
The Ministry of Transport yesterday issued a decision to assign the My Thuan Project Management Board as the investor implementing the feasibility study report of the 26-kilometer-long My An - Cao Lanh expressway construction and investment project for the first phase. 
Over US$209 mln to be invested in My An- Cao Lanh expressway project  ảnh 1
Total investment capital for the project is estimated at around VND4,770 billion (US$209 million), including over VND3,677 billion (US$161 million) from ODA loan of the Economic Development Cooperation Fund of Korea and more than VND1,093 billion (US$47.9 million) from the reciprocal capital.

The project contributes to gradually completing the road traffic network connecting the Mekong Delta region, promoting socio-economic development and ensuring security and defense in the region in general and Long An and Dong Nai provinces in particular.

By staff writers- Translated by Huyen Huong

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