HCMC – South Korea’s Kumho Engineering & Construction Co. will build the Nhon Trach bridge, which will link HCMC and neighboring Dong Nai Province, and an access road at a total cost of VND1.81 trillion.
The investment capital will be sourced from South Korea’s official development assistance loans and the Vietnamese State budget.
The My Thuan Project Management Board on July 13 cut a deal with the South Korean company to carry out the construction package of the project, which is part of the Tan Van-Nhon Trach section of the Beltway No. 3 project.
Under the agreement, during the 35-month construction period, the contractor will develop a bridge with a length of 2,040 meters and a width of 19.75 meters, and a 560-meter-long road leading to the bridge.
Work on the project will start after HCMC and Dong Nai complete the handover of cleared land, according to the Ministry of Transport.
The six-lane Tan Van-Nhon Trach section is 8.22 kilometers long, with total investment of nearly VND7 trillion, starting at an intersection with provincial road 25B in Nhon Trach District of Dong Nai Province and ending at the HCMC-Long Thanh-Dau Giay Expressway in HCMC.