The 9.4 kilometre road from Tanmixay crossroads in Xaythany district to the Sikeuth junction with Highway 13 North in Naxaithong district has commenced after the 2.5km road section running from Dongdok to the Tanmixay traffic lights was completed recently.The project construction agreement was signed in Vientiane on Friday between the Tangchaleun Group Co. Ltd President, Mr. Houa Seng-Aroun and Vientiane Vice Major, Mr. Keophilavanh Arphaylath, witnessed by Deputy Minister of Planning and Investment, Dr Khamlien Pholsena, Deputy Minister of Public Works and Transport, Ms Vilaykham Phosalath and Tangchaleun Group Co. Ltd Vice President, Mr. Khamtay Keodouangdy.
The ceremony was attended by Deputy Prime Minister, Dr Sonexay Siphandone and concerned government officials from the relevant sectors.
After the Vientiane Public Works and Transport received direction from the Vientiane authorities, the department joined with the Tangchaleun Group Co. Ltd for a feasibility study and then a design and evaluation on the cost of the project, Director General of the Vientiane Public Works and Transport Department, Mr. Dethsongkham Thammavong reported at the signing ceremony.
The construction is expected to be finished within two years from 2016-2018 with the total cost of the project set at US$45.1 million, he said.
The road is 28 metres wide and has six lanes, a median strip, sidewalks and a drainage system. Traffic lights have also been installed.
The project is one of Vientiane’s infrastructure improvement priority plans, which is importance for socio-economic development, to update the standard of living for residents and traders along the road.
The upgrade should help to ease congestion in the city centre as the resurfaced road will be more widely used by vehicles and heavy trucks travelling between the northern and southern provinces or transporting goods from other countries.
A main reason is to meet with economic growth and city expansion in the future.
The road connects North Ro ad No 13, 450 Road and Kaysone Phomvihane Road via the National University of Lao s.
The government will repay the constructor (Tangchaleun Group Co. Ltd) over a period of seven years with interest set at 3.5 percent per annum, starting from next year.
Source: Vientiane Times