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MoT gets nod to court investors for new bridge

Update: October, 10/2015 - 08:58
The Government has given the Ministry of Transport the green light to seek BOT (Build – Operate – Transfer) investment for building the first component of the Dai Ngai Bridge in the Mekong Delta. — Illustrative Image doisongphapluat.com

HCM CITY (VNS) — The Government has given the Ministry of Transport the green light to seek BOT (Build – Operate – Transfer) investment for building the first component of the Dai Ngai Bridge in the Mekong Delta.

Work on the bridge over the Hau (Posterior Mekong) River linking the provinces of Soc Trang and Tra Vinh on National Highway No 60 is scheduled to finish in late 2018.

The VND5 trillion (over US$225 million) project comprises the 2.32km Dai Ngai Bridge No 1 over the Dinh An Passage and the nearly 1km Dai Ngai Bridge No 2 over the Tran De Passage.

The green light is expected to speed up preparations and enable an early start to the construction.

The new bridge will help reduce the distance from HCM City to Soc Trang by 70km, cutting down costs and easing pressure on National Highway No 1A.

According to the ministry, funds for the second component will come from the Government in the period of 2016 – 2020. — VNS

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