Le Anh
According to VEC, this section in Danang City, known as Package No. 1, includes construction of Tuy Loan intersection, 6.3 kilometers of road on the soft ground, seven bridges, 11 sluices and 33 drains.
Civil Engineering Construction Corporation No. 5 and Civil Engineering Construction Corporation No. 1, two units about to launch initial public offering (IPO), are in charge of implementing this package.
On March 4, VEC signed a deal with the consortium consisting of Vietnam Construction and Import-Export Corporation, Thanh An Corporation and Vinaconex Technical and Construction Investment Joint Stock Company to build ten kilometers (Package No. 6) of Danang-Quang Ngai Expressway.
Package No. 6 going through Quang Nam Province’s Thang Binh District has an investment of VND1.370 trillion.
Danang-Quang Ngai Expressway was officially kicked off on May 19, 2013 and expected to open to traffic in 2017. Stretching 139 kilometers, the expressway allows for a designed vehicular speed of 120 kilometers per hour.
Other supporting works of the expressway comprise the traffic control center, the operation and maintenance center, a service station, rest stop, toll station and intelligent traffic system (ITS).
The expressway’s total investment is nearly VND28 trillion, or US$1.472 billion, with World Bank loans accounting for US$631 million, loans from the Japan International Cooperation Agency (JICA) US$673 million, and Vietnam’s reciprocal capital accounting for the balance.
After completion, Danang-Quang Ngai Expressway will not only help shorten transport duration in central provinces, especially from Danang City to Quang Nam and Quang Ngai provinces but also reduce traffic volume on National Highway 1A. It will also facilitate international transport among Vietnam, Laos and Cambodia via the East-West Economic Corridor to ports in central Vietnam.
Đăng ký: VietNam News
