Duc Long Gia Lai Group to upgrade National Highway No 14

On Sep 11, the southern bourse-listed Duc Long Gia Lai Group Joint Stock Co (coded DLG) would kick off the upgrading project of National Highway No 14, from Bridge 20 (Km 817) to Cay Chanh (Km 887), Dak Nong province at a total investment capital of about 1.4 trillion dong.

The project will be carried out under BOT method. The road has total length of 57 kilometres, road width of 21.6 metres and designed speed of 80 kilometres per hour, to be built under level 3 standards for delta road. Vietnam Bank for Industry and Trade (Vietinbank) – Gia Lai Branch has committed to fund credit for DLG in realising this project.

In addition, the group also plans to start rubber tree plantation of 6,000 hectares, exploiting 10 mines of construction materials and coloured metals, constructing Dong Nai hydropower plants No 6 & 6A with designed capacity of 250MW) and other traffic roads under BT, BOT methods in Dak Nong province. – Vietstock

Tags: Duc Long Gia Lai group, National Highway No 14

Posted by VBN on Sep 4 2010. Filed under Infrastructure. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry