Hanoi invests 1.131 trillion dong for three traffic projects
Hanoi People’s Committee has lately approved for three projects of building bridges and traffic roads with total investment capital of 1.131 trillion dong, including Yen Vy Bridge project in My Duc Dist, upgrading provincial road No 423 through districts of Ha Dong, Tu Liem, Hoai Duc and Quoc Oai, and upgrading Chi Dong-Kim Hoa road, Me Linh Dist.
The Transportation Department has assigned investors for two projects of Yen Vy bridge with investment capital of 29 billion dong in Q1 of 2011 and upgrading principal road No 423 of over 943 billion dong. The preparation progress was expected to be finished within the first two quarters of 2011.
As for the third project of upgrading Chi Dong-Kim Hoa road, Me Linh Dist People’s Committee has become the main investor. The first phase was supposed to last from 2011 to 2012 and the second phase of 2012-2015. The total investment capital for this project was estimated at 159 billion dong. – Bao Dau tu