Thai Binh starts construction of VND2.5 trillion road

Sunday, 2021-02-28 15:00:43
 Font Size:     |        Print
 

At the ground-breaking ceremony for the road.
 Font Size:     |  

NDO – Construction began on a road from Thai Binh City to the Nghin bridge in the northern province of Thai Binh under the BOT (Build-Operate-Transfer) and BT (Build-Transfer) investment forms on February 27.

The event was attended by Politburo member and Chairman of the Party Central Committee's Inspection Commission Tran Cam Tu; former Politburo member and permanent member of the Secretariat Tran Quoc Vuong; and Deputy Prime Minister Trinh Dinh Dung.

The project has total investment of over VND2.5 trillion (over US$108.3 million) from a joint venture between Construction Corporation No.1, the Lam Son Thai Binh Joint Stock Companthe y, Damsan Joint Stock Company and the Phu Thanh Group Joint Stock Company.

The road, with a total length of 21.28 kilometres, begins in An Thanh commune, Quynh Phu district and ends at Vo Nguyen Giap road in Dong My commune, Thai Binh city.

The road is expected to be completed in 2023, its aim being to reduce traffic congestion and accidents on the section of National Highway 10 from the Nghin bridge to the S1 bypass as well as enhanceing traffic circulation in Nam Dinh, Thai Binh, Hai Phong and localities National Highway 10 passes.