The Ministry of Transport will begin eight important traffic projects before the end of the year, including six road projects nationwide and two waterway projects in the Mekong Delta, with total investment of more than VND25 trillion ($1.09 billion). One of the six road projects is the Results-based Operation for Local Bridge Construction and Road Asset Management project (LRAMP) in 50 cities and provinces, with investment of more than VND9.2 trillion ($400.33 million) from the World Bank’s ODA fund and counterpart capital from Vietnam.