The Ho Chi Minh City Infrastructure Investment Company kicked off construction of Saigon Bridge 2, which will link Binh Thanh District with District 2, on April 14.

Representatives from the HCM City and Infrastructure Investment Company at the ground-breaking ceremony of Saigon Bridge 2, on April 14 (Photo:SGGP)

The new bridge is expected to reduce traffic pressure from the current Saigon Bridge, which was built more than five decades ago.

At the ground-breaking ceremony, Deputy Prime Minister Hoang Trung Hai said that Saigon Bridge 2 is one of the most important projects in the city, and will contribute greatly to the country’s economy.

After completion, the bridge will connect Binh Thanh District with District 2 and also with Hanoi Highway.

The People’s Committee of HCMC has granted a licence for building of the bridge to the HCMC Infrastructure Investment Company under the Build-Transfer (BT) method at a cost of nearly VND1.1 trillion (US$52.38 million).
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