Ministry says highway costs reasonable The Ministry of Construction (MOC) has said the investment rate of highways in Vietnam is higher than in China but lower than in developed countries, denying the assertion that Vietnamese highways are the most expensive in the world.  MOC has submitted to the government a report on the building costs of 10 highways in According to the ministry, from 2005-2010, the 4-lane highway in lowland areas cost $12.5 million per kilometer. The Gie – Ninh Binh, Lang – Hoa Lac, The investment rate has been decreasing since 2010. The highway in the northern midland ( The figure is a little higher in the central region ( The watchdog agency said there are two important factors that determine highway building costs – costs for building bridges and tunnels and the costs to deal with the weak terrain. In the Ben Luc – Long Thanh project, for example, the investor had to spend money on big two cable-stayed bridges, namely Binh Khanh (2.76 kilometers) and Phuoc Khanh (3.18 kilometers). As for the MOC, in its report, also cited figures about investment costs in other countries in the world released by EDCF, the The 4-lane highway No 2 Busan project, which was put into operation in 2011, according to EDCF, had an investment rate of $19.16 million. This was also blamed on the weak terrain and the high proportion of bridges and tunnels, accounting for 72 percent of the total length of 15.26 kilometers. According to JICA, the investment rate in MOC says it is unreasonable to compare the investment costs in “Other countries have many years of experience in building highways, while the prices are stable. Meanwhile, the prices in VNE |
↧
Article 11
↧