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Roadways<br />

• T3 – Thu Thiem Tunnel<br />

• The ten year Nhieu Loc - Thi Nghe Canal Road<br />

widening project is completed<br />

Infrastructure 2011 Milestones<br />

• On August 24, the first Bus Rapid Transport (BRT)<br />

route in the city opened from Ben Thanh Market, to<br />

Mien Tay Bus Station.<br />

Metro lines<br />

• The expected cost of Metro Line 1 has almost doubled,<br />

with progress in compensation.<br />

• Tramway Line No. 1 is being restructured into a Bus<br />

Rapid Transit (BRT) system at reduced cost.<br />

Air<br />

• Da Nang’s new airport terminal opens!<br />

• Prime Minister Dung officially approved Long Thanh<br />

International Airport’s master plan.<br />

• The airport has an area of 5,000 hectares with<br />

investment capital of US$6.7 billion for the first phase.<br />

• Vietjet Air, a new private airline, started operation. (1<br />

Airbus, 2 on order).<br />

Nhieu Loc - Thi Nghe<br />

Canal Road<br />

Source: www.info.vn<br />

Da Nang New Terminal<br />

Source: Tuoi Tre<br />

<strong>CBRE</strong> Vietnam | Page 16 <strong>CBRE</strong> Vietnam Fearless Forcast 2012

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