|The six-lane cable-stayed Thu Thiem No 2 Bridge, connecting District 1 and 2, will be completed by 2018. VNS Photo/Courtesy of Dai Quang Minh Company.
HCM CITY (VNS) — Construction began yesterday on the Thu Thiem No 2 Bridge between Ton Duc Thang Street in HCM City's District 1 and the proposed Thu Thiem new urban area in District 2.
The builder, Dai Quang Minh Company, said the six-lane bridge would have a total length of 1,465m.
The cable-stayed bridge is designed with a special lighting system that will be an architectural highlight on the Sai Gon River, according to the builder.
Total cost for the project is VND4.26 trillion (US$199.66 million), of which construction and design costs are VND2.28 trillion ($106.86 million) and clearance compensation cost VND308.5 billion ($14.46 million).
Scheduled to be completed on Liberation Day, April 30, 2018, the bridge is expected to provide an impetus for development of the new urban area in District 2, which is slated to become HCM City's main financial and business centre.
Speaking at the groundbreaking ceremony, Nguyen Trung Tin, vice chairman of the city's People's Committee, said the bridge would play a key role in the city's socio-economic development and help ease traffic jams in the city centre.
In 2008 the Viet Nam Construction & Import/Export Corporation (Vinaconex) made plans to build a four-lane bridge, but construction was delayed because Ba Son Shipyard (which belonged to the Defence Ministry) on Ton Duc Thang Street had yet to be relocated.
Last May, Dai Quang Minh Company was chosen by the city government to substitute Vinaconex to continue to develop the project under the BT (Build-Transfer) model.
Speaking at the ceremony, Dinh La Thang, Transport Minister, stressed the importance of the project, urging the investor to complete the work within 24 months instead of the planned 36 months.
Under a transportation master plan, the bridge will be one of four over the Sai Gon River between the central business district and Thu Thiem Peninsula.
Thu Thiem Bridge No 1, which extends from Binh Thanh District, was built in 2010.
Bridge No 3 will extend from District 4 and Bridge No 4 from District 7. City authorities are seeking investors for the two bridge projects.
The Thu Thiem Tunnel under the Sai Gon River opened to traffic in 2011. — VNS