A plan to build a bus rapid transit (BRT) line linking Ho Chi Minh City and Binh Duong Province has been approved by Deputy PM Pham Binh Minh.
The administration of Binh Duong will be in charge of the project’s pre-feasibility study and development, the deputy prime minister said.
The BRT line, which will run around 30 kilometers between Binh Duong New City and Suoi Tien Amusement Park in District 9, Ho Chi Minh City, is scheduled to come into operation by the end of 2017.
The line’s development costs are estimated at VND1,827 billion (US$81.56 million), including the expenses for equipment and the construction of overpasses along the route.
Binh Duong Province will be eligible for official development assistance (ODA) loans from Japan to develop the project.
The BRT line is expected to make it easier to travel on the arterial route connecting the economic hubs in the face of growing traffic congestion.
The route will also be connected to the first metro line in Ho Chi Minh City, which will run between Ben Thanh Market and Suoi Tien, upon the metro line’s completion.
The administration of Binh Duong has promised to pay back the loan on time from its own budget.