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On November 29th, the HCM City People’s Committee’s Office said Ho Chi Minh City has assigned a consortium of Traffic Engineering Construction Corporation No. 1 – Thai Son Investment Development Joint Stock Company – Construction Investment Joint Stock Company Tuan Loc has proposed to build Thu Thiem 3 Bridge and expand and upgrade Ton Dan Street in District 4 in the form of public-private partnership.
The first point of Thu Thiem Bridge is Ton Dan Street crossing Nguyen Tat Thanh and Saigon Port and crossing the Saigon River to connect with Thu Thiem New Urban Area in District 2.
However, the assignment of three companies on the proposed study does not bind HCM City to designate this joint venture as the investor to implement the project. Other investors have the right to participate in the research and development of project proposals in accordance with regulations. Ho Chi Minh City will organize the selection of investors to implement the project in accordance with the regulations.
Previously, in September, Ho Chi Minh City also suggested the Government approve the policy of investment project construction of Thu Thiem 4 bridge in the form of public-private partnerships and allow the city to decide to select real investors. present the project.
Investors selected to build the Thu Thiem 4 bridge is the joint stock company Phat Dat Real Estate Development Joint Stock Company – Infrastructure Investment and Development Joint Stock Company 620 – Development Investment Joint Stock Company Construction 168.
According to the plan, from now to 2020, HCM City will build four more bridges spanning Thu Thiem New Urban Area. In particular, Thu Thiem 1 bridge has been completed and put into use along the tunnel crossing the Saigon River roads through this urban area.
Thu Thiem 2 Bridge is under construction with a total investment of nearly VND3,100 billion. The remaining bridges are Thu Thiem 3 and 4 and pedestrian bridge north from District 1 to Thu Thiem is in the process of setting up the investment project.
Also on November 29, HCM City People’s Committee has assigned real estate investment company Ho Chi Minh City self-balancing funds to study the proposal to build a sewage treatment plant Sai Gon 2 North. PPP mode.
>>>Update on new information on the real estate news in Vietnam here: Vietnam real estate news
Ho Chi Minh City People’s Committee also approved the proposal of the Department of Planning and Investment about the project of dredging canal streams in District 9 in the form of public-private partnerships.
The dredging of Nhieu canal is to build a dry seaport, serving the hi-tech zone of Ho Chi Minh City with an area of 6 ha, efficiently exploiting waterway transportation from the Hi-Tech Park to Cat Lai port through Ong Nhieu canal.
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