Of the capital, nearly VND3.9 trillion will be from the 2021-2025 and 2026-2030 medium public investment plan, while the rest will be sourced from the economic development and recovery program.

The project will be implemented from 2022 to 2026.

In October 2019, the prime minister approved the use of Japan’s official development assistance loans. By the start of this year, Japan had not made a funding commitment and moreover, the cable-stayed bridge on National Highway 60 would be completed by 2028 if it was funded by Japanese loans, according to local media.

When opened to traffic, the Dai Ngai Bridge on National Highway 60 will connect the southwestern provinces and HCMC, shorten the travel time by 1.5-two hours, reduce goods transport costs and help ease the burden on National Highway 1, according to the Ministry of Transport.

The project, which will comprise the Dai Ngai 1 and 2 bridges and access roads, will start at an intersection with National Highway 54 in Tra Vinh Province and end at an intersection with Nam Song Hau Street in Soc Trang Province.

In the first phase, the Dai Ngai 1 and 2 bridges and the access roads will have two lanes. The two bridges will have four lanes in the second phase.

Source: SGT