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.
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| 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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