Korea’s Kumho signs deal to build $77.3-mln HCMC-Dong Nai bridge
The Ministry of Transport has signed a contract with Kumho Engineering & Construction Co. to build a bridge between HCMC and Nhon Trach District in Dong Nai Province.
Under the contract signed Wednesday, the South Korean company has to complete the VND1.8-trillion (US$77.3-million) bridge within three years from the time it receives land from HCMC and Dong Nai authorities.
Nhon Trach Bridge over the Dong Nai River will be more than two kilometers long, including the roads leading up to it from both sides, and 19.5m wide.
On the HCMC side, it will be built from Thu Duc City and, once completed, be a part of Ring Road No.3, which will run over 90 kilometers (56 miles) through Binh Duong, Long An and Dong Nai provinces, all HCMC’s neighbors and industrial hubs.
The ring road will cost VND75.38 trillion, of which VND6.9 trillion will come from South Korean official development assistance.