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Vietnam loses billions to traffic, needs solutions: World Bank


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Vehicles are stuck in traffic in Hanoi. Photo by VnExpress/Pham Chieu

 

Ineffective and unsustainable transport policies have led to traffic congestion that causes Hanoi and Ho Chi Minh City billions of dollars in losses every year, a World Bank representative said.

 

The representative told a Monday conference on public transport and public-private partnerships in Ho Chi Minh City that the southern hub must prioritize making urban transport sustainable and effective, local media reported.

 

HCMC loses billions of U.S. dollars a year due to traffic congestion, while Hanoi loses $1.2 billion a year due to clogged arteries, the representative added.

 

Full Story: https://e.vnexpress.net/news/news/hanoi-loses-1-2b-every-year-to-traffic-jams-4550619.html

 

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-- © Copyright VN Express 2022-12-21

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