( Saigon Times Online ) - A intersections with overpasses and tunnels at the intersection of Nguyen Van Linh - Nguyen Huu Tho , District 7 will be built to relieve traffic congestion at the southern gateway of HCMC
Information from Ho Chi Minh City Department of Transportation , said HCM City authorities approved new investment Nguyen Van Linh intersections - Nguyen Huu Tho.
The investment will be diverging into two phases , of which Phase 1 will build a tunnel on Nguyen Van Linh combined with signal lights and traffic organization at the same level.
Phase 2 will be the construction of the remaining items according to design complete , combined expansion Nguyen Huu Tho according to the planning.
As for investment , the HCMC government to Company Limited Tan Thuan Industrial Development Co., Ltd. worked with Phu My Hung development agreement for investment plans intersections Nguyen Van Linh - Nguyen Huu Tho follow BT ( build - transfer) .
On the payback for the project will be the city government paid the value of the land use in 240 hectare land in Phuoc Kieng, Nha Be district.
Earlier, the HCMC Department of Transport has submitted to the municipal government building plans intersections Nguyen Van Linh - Nguyen Huu Tho (District 7) with a total cost estimated 2.620 billion.
In particular, the first phase will be to build a central circular island 60 meters in diameter and two tunnels along the branch on Nguyen Van Linh at a cost of 840 billion.
Later stage will complete the construction of two bridges, two tunnels with a budget of 1,780 billion, of which 1.000 billion was clearance.
Currently, traffic jams at the intersection of Nguyen Van Linh - Nguyen Huu Tho often happens, because of vehicles traveling on this route very large.
While Nguyen Huu Tho is the roads leading to the ports in Hiep Phuoc Industrial Zone, the Nguyen Van Linh road is arterial roads leading from Highway 1A in Tan Thuan Export Processing Zone so whenever the car stops caused red lights jams stretched.
To solve traffic congestion in the gateway, HCMC Department of Transport will study to build traffic junctions in large scale with overpasses and tunnels. In particular, some upcoming junctions built in time to the Thu Duc intersection and intersections US Marine.
Source - SaiGon Times