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VietNamNews

City appoints investor for bridge project

Update: June, 07/2014 - 09:31

HA NOI (VNS)  — The HCM City People's Committee has appointed the Dai Quang Minh Real Estate Investment Joint Stock Company as the investor in the Thu Thiem 2 Bridge project.

The firm replaces the Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex), which had been assigned to research and invest in the project since 2009, but had failed to set a construction date so far.

As planned, the bridge will be built at the location of the Ba Son Ship Building Factory, and will go over the Ton Duc Thang-Nguyen Huu Canh road junction to link with the Le Duan-Dinh Tien Hoang intersection.

The six-lane bridge will be constructed under the BT (build-transfer) strategy with an investment capital of VND2.3 trillion (US$109.5 million).— VNS


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