SAIGON SOUTH PARKWAY OPENS TO TRAFFIC

By Ngoc Huong

(SGT-HCMC) Saigon South Parkway, the core route in the new urban city, was opened to traffic on Saturday. It links Tan Thuan EPZ with the National Highway 1A, and opens new opportunities for development.
The completion of the first-phase will lead to the urbanization of southern HCMC, the development of new industrial zones and a reduction in traffic congestion in the inner city, said the Minister of Communications and Transport, Mr. Le Ngoc Hoan.
Speaking at the opening ceremony, he noted the parkway is important to HCMC, whose development has been affected by inadequate roads.
"HCMC should open access roads linking the inner city with the parkway to increase it’s utility" he said, and he expressed his appreciation of the road development by the Phu My Hung JV company.
In a similar appreciation Vice Chairman Le Thanh Hai said at the new road will facilities in the Saigon South Urban Area are being established quickly. Mr. Hai said that electricity from the Hiep Phuoc Power Station will be available soon and, together with the development of Hiep Phuoc IP nearby, the building of a seaport in the region is also being prepared.
Director general of Phu My Hung Corp., Mr. Lawrence S. Ting, said his firm is promoting the development of five new urban satellites along the parkway.
He also said his firm has set up three toll stations along the road and will start collecting fees immediately the city government’s approval.
The first phase of the 17.8km parkway includes two traffic lanes and ten bridges. Very soon in the second phase, Phu My Hung will develop two further northern lanes.

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