June 16, 2015 | 20:58 (GMT+7)
Credit package signed for Tho Xuan Airport - Nghi Son Economic Zone traffic project
PANO – Corporation 319 (Ministry of National Defence), Cuong Thinh Thi Construction Joint-stock Company, the Central Region Construction Joint-stock Company, and Vietcombank on June 15th held a signing ceremony for Phase 1 of a credit package of the traffic road project...
PANO – Corporation 319 (Ministry of National Defence), Cuong Thinh Thi Construction Joint-stock Company, the Central Region Construction Joint-stock Company, and Vietcombank on June 15th held a signing ceremony for Phase 1 of a credit package of the traffic road project from Tho Xuan Airport to the Nghi Son Economic Zone.
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The signing ceremony |
The project has been implemented under the form of Build-Transfer (BT), aiming at attracting investors to Nghi Son Economic Zone and Lam Son-Sao Vang Technology and Industry Park. When completed, the road will link National Road 47 (Tho Xuan Airport) with National Road 1A (Nghi Son Economic Zone), contributing to boosting the cultural and socio-economic development of Thanh Hoa.
Designed for vehicles travelling at 80km/h, the road, with a width of 19.18m, a length of 65.9km and including 25 bridges, will be built at a cost of VND 4 trillion. The project is expected to be completed in December 2017.
At the ceremony, investors and contractors promised to overcome difficulties in implementing the project so as to finish the construction as scheduled.
Translated by Huu Duong