Construction on southeast Hai An ring road in Hai Phong City starts

Hoang Trung Hai, deputy prime minister yesterday participated in the ground breaking ceremony of construction project of south-eastern ring road in Hai An Dist, Hai Phong City. Hanoi Urban Development Infrastructure Development Corp (UDIC � Hanoi) won the bidding contract for the project and UDIC Investment Joint Stock Co was to carry out this project.

The total investment capital for this project was estimated at 886.96 billion dong, in which 400 billion dong was from government’s fund, 200 billion dong from Hai Phong City’s state budget and 286.496 billion dong from auctioning the land use rights for the land plot in Hai An Dist.

The project was supposed to be completed and put into operation in the end of 2012.

Tags: Hai An ring road, Vietnam Infrastructure, Vietnam transport

Posted by VBN on May 13 2010. Filed under Infrastructure, Transportation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry