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Vietnam Business » Vietnam Real Estate Market News » First phase of Ha Noi bridge finished

First phase of Ha Noi bridge finished

Deputy Prime Minister Hoang Trung Hai inaugurated Vinh Tuy Bridges first phase on Septembet 26 in Ha Noi. The bridge is set to be the widest bridge in Viet Nam and is one of the major construction projects that is celebrating the 1,000th anniversary of Thang Long-Ha Noi.

Construction of the bridge kicked off in 2005. The bridge is the first major project financed by the municipal Peoples Committee with VND3.6 trillion (US$185 million) in total investment capital.

Hai said he highly valued the effort put forward by municipal leaders, the Ministry of Transport, the Ministry of Construction and related agencies.

He spoke highly of the contributions made by workers and residents, who have overcome difficulties to build the bridge.

Hai said this was an extremely important project and the bridge was a developmental milestone that would promote the citys industrialisation and modernisation as well as the Hong (Red) River region.

"This is an event that marks the maturity and development of Viet Nams bridge construction sector," Hai said.

He instructed the capital to begin the second construction phase.

The bridge, which opened for public use last September, is one of seven Hong (Red) River crossings, which will help ease congestion in the capital. It will also reduce traffic flow and contribute to the completion of the citys Ring Road No 2.

The bridge has four lanes for traffic. About 34,000 vehicles now can cross the bridge and approximately 72,000 vehicles per day will be able to use the structure by 2020.

Vietnam Business And Financial News Network. Source [en.vietstock.vn]

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