Hanoi wants to invest nearly $4.900 billion to build Meo Bridge across the Red River

The investment project Me So and Bridge 2 in the form of BOT contract that Hanoi wants to build will have a total investment of about VND 4.881 billion.

Specifically, the People’s Committee of Hanoi has reported to the Ministry of Transport, Ministry of Planning and Investment about the investment project Me So and Bridge 2 in the form of BOT contract that Hanoi wants to build. The project will have a total investment of around VND4,881 billion with a projected payback period of 22 years and 11 months.

This project is based on the proposal of Phuong Thanh Investment Construction and Transport Joint Stock Company and Nguyen Minh Infrastructure Development and Investment Joint Stock Company.

Hanoi expects to build Me So Bridge across the Red River with total investment of nearly VND4,900 billion

Accordingly, this partnership proposed to build a project with a length of about 13.8km, width (phase 1) is 17m. Project head (Km0) is the intersection of National Highway 1A with ring road 4 in Thuong Tin district, Hanoi. The end point of the project (km 13 + 176) is the intersection of Hanoi – Hai Phong expressway with ring road 4, Van Giang district, Hung Yen province. Location of the toll booth at the East Me So Bridge (about 9 + 400 km in Van Giang district, Hung Yen province).

The project to invest in the construction of Me So bridge and the 2-way bridge are the belt section of belt 4, the planning of Hanoi capital, the location in Hanoi city (the section from National Highway 1B to the end of Me So bridge) and Hung Yen province (after Me So bridge to Ha Noi – Hai Phong expressway belongs to Hung Yen province).

It is expected that after completion of the project, it will make a connection from Phap Van – Cau Gie highway to Ha Noi – Hai Phong expressway with the purpose of diversifying traffic and reducing traffic to the inner city area. reduce traffic jams; increasing the efficiency of the two expressways, contributing to the socio-economic development of Hanoi, Hung Yen and neighboring provinces.

Previously, the People’s Committee of Hanoi and Hung Yen province agreed with the Ministry of Transport to report to the Prime Minister for approval of investment policy, implementation of the project.

However, from 2015 until now, the project has not been implemented. Recently, the Minister of Transport has agreed to assign the People’s Committee of Hanoi City as the competent state agency to implement the project.

This year, Hanoi has announced that it will build four bridges spanning the Red River and the Duong River with the total investment of VND38,000 billion, including Tu Lien Bridge (3km long, total investment of VND17,000 billion). VND3,000 billion), Tran Hung Dao Bridge (3km long, total investment of VND7,000 billion) and Giang Bien bridge (5.4km long, total initial level VND 8,000 billion).

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