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Sunday, February 25, 2024

HCMC receives private sector aid for pedestrian bridge project

The Saigon Times

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HCMC – A pedestrian bridge, whose design resembles a nipa palm leaf, will be built over the Saigon River and funded by the private sector. connecting District 1 and Thu Thiem Peninsula,

Work on the VND-1,000 billion bridge is expected to commence in early 2025, with all funding to be provided by HCMC-based dairy product maker Nutifood.

A memorandum of understanding (MOU) on the funding was signed between the HCMC Department of Transport and Nutifood today, December 4. Under the MOU, Nutifood will finance the entire project in accordance with the approved investment policy, scheme and design plan.

The 500-meter-long bridge will have one end located at Bach Dang Wharf Park in District 1, adjacent to Nguyen Hue pedestrian street. The other end will connect to the central square of the Thu Thiem new urban area in Thu Duc District.

The bridge will be designed to withstand strong earthquakes, winds, and vibrations caused by a large number of pedestrians. It will feature dedicated lanes for pedestrians, cyclists, wheelchairs, and ambulances in case of emergencies.

Tran Bao Minh, vice chairman of Nutifood’s Board, said that this bridge project is a token of appreciation to the city’s residents who have supported Nutifood from its early days as a small business to its current status as a well-known brand.

The pedestrian bridge project represents the largest private investment in the city to date, according to the HCMC Department of Transport.

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