HANOI, Oct. 3 (Xinhua) -- The Department of Roads of Vietnam has proposed upgrading and renovating three national highways connecting Vietnam with northern Laos and southern China with an aim to strengthen links along the East-West Corridor and promote transnational trade linkages.
If approved, the renovation project will use loans from the World Bank and be implemented in five years from 2025 to 2029, Vietnam News reported on Tuesday.
The project will have a total investment of about 9.4 trillion Vietnamese dong, equivalent to about 340 million U.S. dollars, of which, World Bank loan capital will be over 7.5 trillion dong (315 million dollars).
The national highways to be upgraded are National Highway 279, National Highway 4H and National Highway 217 with a total length of more than 180 km.
The upgrade and innovation are expected to improve traffic capacity, meet increasing transport needs, and shorten the distance between border gates and seaports between Vietnam, northern Laos and southern China.
They will also reduce driving time through the road, which will help cut down on transportation costs, environmental pollution and traffic accidents, according to the project's management board.