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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