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$41mn bridge plan put forward for southern Vietnam

$41mn bridge plan put forward for southern Vietnam

Monday, July 10, 2017, 10:23 GMT+7

Over VND938 billion (US$41.2 million) in capital investment has been proposed for the construction of a bridge deemed essential in the southern Vietnamese province of An Giang.

A construction management board under the Ministry of Transport has submitted to the Ministry of Construction a plan for the Chau Doc Bridge project which will connect Tan Chau Town and Chau Doc City in An Giang Province.

The structure is expected to replace the Chau Giang ferry service, which has been the main form of transport across the Hau (Back) River, which snakes between the two locations.

The project will be invested in by Phat Dat Corporation, 620 Infrastructure Development and Investment Corporation, and 168 Construction Development Investment JSC under the same BOT (build-operate-transfer) contract.

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Within the framework of a BOT contract, a developer receives concessions from the private or public sector to finance, design, construct and operate a facility for a certain period of time, during which it must raise finance for and then become eligible to retain any revenue generated by the project.

The infrastructure is then transferred to the public administration at the end of the agreed concession period.

The construction of the Chau Doc Bridge has been recommended to take place some 1.5 kilometers away from the current Chau Giang ferry landing.

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According to the design, the bridge will be 667 meters long and 12 meters wide, including two car lanes and two motorbike lanes.

The project will cost an estimated VND938.4 billion.

A plan to build a bridge linking Tan Chau Town and Chau Doc City under a BOT contract arrangement was previously approved by the Vietnamese prime minister.

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