HCM City selecting contractors to build smart transport systemThe Management Board of Saigon River Tunnel under the HCMC Department of Transport is organizing bid invitation to choose contractors for the first phase of the intelligent transportation system (ITS) which is expected to cost VND6 trillion (US$264 million). According to the plan, HCMC will invest in the intelligent transportation system to operate and manage the entire traffic system in the city. This is determined to be one of effective solutions to gradually solve traffic issues, contribute in developing HCMC into a civilized, modern and humane city with good living standard. The first phase is expected to complete at the end of 2018. Afterwards, the Transport Department will implement the second phase to develop the system in 3,800 streets stretching over 3,600 kilometers and 1,400 intersections citywide.

Source: VietNamNet News August 10, 2017 06:45 UTC