Nearly $400 million called for Tran Hung Dao Bridge construction |
Under the build-operate-transfer (BOT) contract, Him Lam Corporation has just been asked to build an investment proposal and feasibility study for the public-private partnership project implementation and the BOT contract.
The bridge will be built during 2022-2025 with the total investment of VND8.9 trillion ($387 million), half of which will come from the state budget and the other half from the investor. The expected payback period is about 20 years.
Tran Hung Dao Bridge will begin at the five-way Tran Hung Dao-Tran Thanh Tong intersection in Hoan Kiem district's Phan Chu Trinh ward, and end at the intersection with Nguyen Van Linh street in Long Bien district's Gia Thuy ward. The bridge will be a total 5.5km long and will include six lanes.
Three designs were proposed for Tran Hung Dao Bridge, including a modern reinforced concrete extradosed bridge using five towers joined with cable stays; a steel arch bridge with a cable-stayed bridge shaped like a flying crane; and a prestressed reinforced concrete box girder bridge combined with classical tower pylons in the classical style of Indochina.
Finally, the council has chosen the third option, designed by Transport Engineering Design Incorporated (TEDI).
Tran Hung Dao Bridge is one of 18 bridges crossing the Red River that were approved in the master plan of the transport sector by 2030. Eight of these bridges have already been constructed, and an additional 10 will be built over the course of the next decade.
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