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| Roads to Tan Son Nhat International Airport are often congested in HCM City. — Photo enternews.vn |
HA NOI (Biz Hub) — The project to develop a road system to and from Tan Son Nhat International Airport in HCM City will need some VND3.5 trillion (US$156.25 million) in investment.
This was revealed in a proposal developed joinly by three investors, namely 319 Corporation, Dong Mekong Company Ltd and Dong A Infrastructure Corporation, under public-private partnership to the municipal Department of Transportation.
The road system is expected to reduce traffic congestion, which is a serious problem in the area.
The 5km elevated road will begin from Truong Son Street to the T2 International Terminal, will then connect to the T1 and T3 Terminals, run along Thang Long Street and Phan Thuc Duyen Street and end at Hoang Van Thu-Nguyen Van Troi Street.
According to the municipal management board of the urban railways, there is a proposal mooted by foreign investors to build an underground line from the airport to the city.
These infrastructure projects will help ease traffic pressure to and from Tan Son Nhat International Airport, which is expected to welcome some 30 million passengers this year, five million higher than its capacity.
Developing infrastructure projects which connect to the airport is, therefore, a necessity, the transport department said. — VNS