Construction of Saigon Bridge 2 linking Binh Thanh District with District 2 in Ho Chi Minh City is likely to begin on April 14.
|A serious traffic jam happens at Ho Chi Minh City’s Saigon Bridge (Photo:tuoi tre)|
The People’s Committee of Ho Chi Minh City has granted investment licence of the project to the City Infrastructure Investment Joint Stock Company, to be implemented under the Build-Transfer (BT) method at a cost of nearly VND1.1 trillion (US$52.38 million).
According to the City Infrastructure Investment Company, the Saigon Bridge 2 project was scheduled to begin in the first quarter of 2012, but slow land clearance in District 2 had caused various delays.
The 995 metre long, 23.5 metre wide, six-lane bridge will be built parallel to the existing Saigon Bridge and scheduled for completion within two years.
The new bridge is expected to reduce traffic pressure from the current Saigon Bridge, which was built more than five decades ago.
Construction of Saigon Bridge 2 is among several important traffic projects in the city. The Thu Thiem 2 Bridge, the Thu Duc intersection, Binh Tien Bridge are among the other important projects.