Implementing 11 key transportation projects in Hanoi

Hanoi Department of Transport has just announced the status of preparing investment policy proposal reports and pre-feasibility studies for 11 key transportation projects about to be built in the city.

Of these, there are 10 projects using public investment capital. Projects include Ngoc Hoi bridge and connection road on Ring Road 3.5; Expand and improve Ring Road 2 from Nga Tu So to Cau Giay; upgrading National Highway 21 section Son Tay-Hoa Lac-Xuan Mai; Build a road connecting Tran Hung Dao bridge with Nguyen Van Linh street; Build an underpass on Hoang Quoc Viet street extending with Pham Van Dong street and connecting Tran Vi street; underground tunnel at the intersection of West Thang Long - Belt 3; underground tunnel at Me Tri-Duong Dinh Nghe-Ring 3 intersection; overpass on Le Trong Tan street (Ha Dong district) and National Highway 6; build the West Thang Long road section from provincial road 417 to the North - South economic axis; and renovate and upgrade National Highway 21B from provincial road 424 to the end of Ung Hoa district.

The 11th project uses the public-private partnership (PPP) model to build Tran Hung Dao bridge, connecting Hoan Kiem, Hai Ba Trung and Long Bien districts.

Hanoi Department of Transport has completed the selection of a consulting unit to prepare investment proposal documents and pre-feasibility study reports for 10 projects using public investment capital. Of these, four projects have been submitted to the City People's Committee and the Department of Planning and Investment for approval, the remaining six projects are expected to be submitted for appraisal in May 2024.

For the PPP project to build Tran Hung Dao bridge, the feasibility study report has been completed and is eligible for submission for appraisal according to regulations. According to the plan, preparation and design will take place in 2023/2024, construction will begin from 2025 to 2027, and is expected to be completed in 2027.

The Tran Hung Dao bridge project will be implemented in two parts: part one includes compensation, support and resettlement in Hoan Kiem, Hai Ba Trung and Long Bien districts; Part two will include construction of Tran Hung Dao bridge, two access roads, and construction of the road from Co Linh intersection to Vu Duc Than street.

The Hanoi Traffic Construction Investment Project Management Board proposed to use public investment capital for part one of the project. Part two will be implemented in the form of PPP with the local budget capital ratio accounting for 50% and included in the list of projects attracting investment in the city.

The route connecting Tran Hung Dao bridge with Nguyen Van Linh street is about 2.94 km long, has a starting point intersecting Xuan Quan-Co Linh dike and ending at Vu Duc Than street with a cross-section of 30 m, total Estimated investment is 2,742 billion VND.

In addition, the project to build a tunnel connecting Cat Linh station (Line 2A) and underground station S10 (Line 3) has been submitted since June 2022. The connection plan will be implemented within the red line limits in Ba Dinh and Dong Da districts, with an expected investment of 113 billion VND.
 

For more information about real estate projects in Ho Chi Minh City and neighboring provinces, please contact FTT LAND!

-----------------------------------------

FTT REAL ESTATE COMPANY

Headquarters in Vietnam: EA4-01.01 Eratown Duc Khai, Nguyen Luong Bang, Phu My Ward, District 7

Receive consignments for buying, selling and renting apartments, updating the best prices in the market

HOTILINE: +(84) 81.299.1003

┃For inquiries: 黎娟娟/Winnie - FTT Land Real Estate

┃Vietnam Hotline: (+84) 902.823.622 (viber/zalo/Whatsapp)

┃Taiwan Hotline: (+886) 906.975.509

┃ID (Line/IG/Tiktok): winniele88888

┃Wechat ID ：Winniele88888888

┃Watch more on YOUTUBE: FTT REAL ESTATE

┃Website: www.fttland.com