Friday, January 13, 2012

HCM City’s major projects to be kicked off in 2012

Director Tran Quang Phuong of the HCM City Department of Transport said that this year is the “Year of Traffic Safety,” so the local transport sector will begin construction of many big projects, totaling nearly $2.3 billion.

The Saigon 2 bridge will be built at the cost of over VND1.2 trillion ($600 million). The construction will begin in April in the form of build-transfor (BT) and will last in 22 months. This bridge will be 3km far from the current Saigon Bridge. The bridge will be 995m long, 23.5m wide, with four lanes. The investor is making site clearance and choosing contractors.

The HCM City authorities have instructed investors of the urban rail route No. 1 (Ben Thanh-Suoi Tien) to implement two bidding packs No. 2 and 3 with a total capital of nearly $2.5 billion in the second quarter after being stuck due to site clearance problems.

In the city’s western area, the expanded Binh Tien Bridge will be built in 2012 in District 8. Once the bridge operates, it will help deal with congestion on Nguyen Tri Phuong road and National Highway 50.

In the city’s east-north area, the construction of Ha Huy Giap road at the cost of VND2.5 trillion ($1.2 billion) will help reduce the flow of vehicles from Binh Duong to HCM City via National Highway 13 and Binh Trieu bridge. This road will also shorten the gap between Binh Duong and HCM City, the two most dynamically developing regions in Vietnam at present.

Other important projects that will be commenced this year include Nam Ly Bridge, Nguyen Duy Trinh Road, 10 bridges on Provincial Road 9, four main roads in the Thu Thiem new residential area.

In addition, the city will try to complete some key works, such as the western belt road, the 25B road, provincial road 10B, Van Don Road, Rach Chiec Bridge on Hanoi Highway, the road along Nhieu Loc-Thi Nghe canal and expanding provincial road 10.

In 2011, HCM City repaired and built 1.34 million square meters of roads, including 56km of new roads, and built 10 new bridges.