Updated: Dec 29, 2020
The investor of Ho Chi Minh City (HCMC) - Long Thanh - Dau Giay Expressway has proposed to the Ministry of Transport to expand the expressway in order to meet transportation demands.
The authorities of HCMC and Dong Nai both assess the need to expand the expressway to help connect the region, synchronizing with the plan to build Long Thanh airport. The highlighting information about the expressway’s expansion is summarized below:
Before the proposal of the expressway’s expansion, the 55-km project has helped shorten the travel time from HCMC to other provinces.
However, the residents’ demand for travelling exceeds the expressway capacity to an extent that the old 55-km road still cannot handle the traffic volume. Heavy congestion on this road remains a routine occurrence, with 52, 500 turns in usual days and 57,000 turns in holidays.
Improved infrastructure will push the growth of the real estate market nearby thanks to the added values of the utilities. Investors with the knowledge about these related pieces of information will gain a competitive advantage over others. Wanting to boost your competitive advantages in this field? Let Broad Avenue be your best consultant in investment choices. Contact us today to know where opportunities lie.