Over 995b dong to build Long Van – Long My route

Binh Dinh People’s Committee, Quy Nhon city and Phuoc Loc Group on August 12 held a ground breaking ceremony for Long Van – Long My route at Long Van Bridge.

Long Van – Long My is the main road with 7,020 meters of length, 42 meters of width and six lanes not including lanes for pedestrians and sidewalks.

Total investment is estimated at over 995 billion dong, of which main constructing cost is 614 billion dong and 159 billion dong is for land clearance compensation. The project is invested by Phuoc Loc Group by Build – Transfer (BT) method and expected to be accomplished in 36 months from now.

Long Van – Long My alignment plays an important role in economic, social development of the city, enlargement of Quy Nhon’s main road; linking and reducing the load in 1A national highway from Long My to Phu Tai T-junction to Quy Nhon port.

It also connects Long My, Phu Tai economic zone (EZ) and Bui Thi Xuan, Tran Quang Dieu district, Phuoc My commune with Quy Nhon city centre. It will also help in the development of city North West and create land ground for new EZ, playground construction.

 

Category: Business