HCM City (VNA) - HCM City estimates it will need more than 952trillion VND (41.3 billion USD) for transportation infrastructure between now and2030.

In a report seeking approval for the city’s transportationinfrastructure development project, sent to the People’s Committee recently, itsTransport Department said that nearly 429 trillion VND is for the 2020-2025period and the remainder for 2026-2030. Over 457.7 trillion VND will come fromthe city’s budget and the remainder, from other sources.

Roads stretching 636km and 78 bridges will be built over the course ofthe decade, in addition to 18 intersections, 32 other transport projects, fiveunder the smart urban development programme, 211.9km of urban railway lines,and 379km of inland waterways.

Capital from the city’s budget will be used for projects under its congestionand traffic accident reduction scheme and other key projects this year.

Its transportation infrastructure development project was compiled by itsTransport Department in cooperation with the Transport Engineering Design JointStock Incorporated South (TEDI South).

It targets national highways, belt roads, and other roads linked to newurban areas, industrial parks, and airports.

Fifty-one of the 172 key transport projects were completed from 2016 to 2020./.