Vietnam plans $9B ring road encircling region that generates a third of its GDP

AI Summary

Vietnam’s Ministry of Construction has proposed a major infrastructure project comprising a 321-kilometer, six-lane ring road encircling the greater Hanoi region. The ring road is projected to cost approximately $9 billion and aims to support the economic activity of a region that produces about a third of Vietnam’s GDP.

Vietnam's Ministry of Construction has proposed a 321-kilometer ring road looping the greater Hanoi region, a six-lane expressway with a preliminary cost of VND235.74 trillion (US$8.95 billion).