Nam Ly Bridge (replacing Rach Chiec Dam) is one of the key projects in Thu Duc City (HCMC). The project has special significance in connecting traffic infrastructure, creating space and driving force for socio-economic development in the area.
The Nam Ly Bridge project has a total length of 750m, of which the bridge is 450m long, 20m wide, and the approach road is 30 - 37m wide. The total investment is 919 billion VND, including construction costs of 423 billion VND, compensation for site clearance of 403 billion VND for 51 households and 3 affected organizations...
After 3 years of construction and reaching about 40% of the contract value, the project was temporarily suspended in early 2019 due to land acquisition problems. It was not until March 25, 2023, after 4 years of "shelving", that the project officially resumed construction.
According to the Management Board of Investment and Construction of Traffic Works in Ho Chi Minh City (investor), after nearly 1.5 years of restarting, the overall progress of the project has reached about 90%.
The project is expected to open to traffic in mid-September. After that, contractors will close the existing side road to construct a residential access road and auxiliary items.
Currently, the consortium of contractors is mobilizing 60 workers and more than 10 specialized machines to complete the items, aiming to complete the entire project by the end of this year.
According to the latest update from the investor, the Nam Ly bridge project's cost has been reduced from 919 billion to more than 731 billion VND.
The total investment in the project decreased because previously, at the stage of establishing a new project, the units only estimated the compensation price and the land origin was all residential land.
However, when compensation was officially implemented and the land origin was accurately determined, the proportion of agricultural land increased. Therefore, compensation costs decreased, so the total investment decreased as above.
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Source: https://vietnamnet.vn/xay-cau-nam-ly-giam-gan-200-ty-dong-cap-tap-thi-cong-de-thong-xe-trong-thang-9-2313976.html
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