Giong Ong To Bridge be officially opened soon

HCM City Infrastructure Investment Joint Stock Co (coded CII) announced to officially put into operation Giong Ong To Bridge on National Highway No 25B, HCM City on June 25, about two months earlier than the plan.

This project cost nearly 150 billion dong, using 100 percent of CII’s capital, under the bidding package valued at 612 billion dong of upgrading interprovincial road No 25B – the second phase.

The company expects to gain total revenue of 290 billion dong in the first half of this year, up 133 percent year-on-year, in which Q2 pre-tax profit was estimated at 200 billion dong, increasing by 122 percent against the previous quarter.

Lately, the company contributed 35 percent of total capital in Saigon Real Estate Joint Stock Co. At the same time, CII offered 60 billion dong bonds for individual investors with five-year terms.

Tags: Giong Ong To Bridge, Vietnam Infrastructure

Posted by VBN on Jun 23 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