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Tuesday, July 23, 2024

Rach Mieu 2 Bridge project faces cost overruns

By N. Tan

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HCMC – The total cost of Rach Mieu 2 Bridge, which connects the Mekong Delta provinces of Tien Giang and Ben Tre, is expected to increase by VND1.6 trillion to VND6.81 trillion due to higher site clearance costs.

The Ministry of Transport has sent a report to the Government recommending an upward revision of the cost of the Rach Mieu 2 Bridge project. Additionally, the completion deadline has been proposed to be extended to 2026, instead of the previously planned 2025.

The processes of site clearance and land handover for the Rach Mieu 2 Bridge project have progressed slower than anticipated. As a result, construction on the entire project in Tien Giang Province is projected to commence only in the fourth quarter of 2023.

The Ministry of Transport attributes the cost overruns of the bridge project to increased spending on site clearance, compensation, and resettlement arrangements.

The Rach Mieu 2 Bridge, spanning approximately 17.6 kilometers across the Tien River, is designed to have four traffic lanes. It starts from the Dong Tam intersection in Chau Thanh District of Tien Giang and ends on the National Highway 60 section passing through Ben Tre.

Initially slated for completion in 2025 with an estimated cost of VND5.18 trillion, funded from the State budget, the project’s construction began in the second quarter of 2022.

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