Infrastructure

ACV to develop three new airport terminals worth VND5 trillionThe Saigon Times Daily HCMC – Airports Corporation of Vietnam (ACV) plans to build three passenger terminals at Cat Bi, Vinh and Phu Bai airports, requiring a combined investment of VND5 trillion (US$219 million), officials said. The three terminals are to be financed by ACV’s development investment fund, the Vietnam News Agency reported. The second terminal at Cat Bi International Airport in the northern port city of Haiphong will have a floor area of 15,000 square meters and a designed capacity of five million passengers per year. This terminal has a total investment of some VND1.6 trillion. A new terminal is to be developed at Vinh International Airport in the north-central province of Nghe An and will be able to handle five million passengers per year, including one million international tourists and four million local tourists. Boasting some 16,500 square meters of floor space, the terminal will cost an … [Read more...] about ACV to develop three new airport terminals worth VND5 trillion

HCMC to begin e-toll collection in July By Le Anh A view of An Suong-An Lac Station - PHOTO: IDICO HCMC – An Suong-An Lac Station in Binh Tan District will begin electronic toll collection (ETC) in July, according to a representative of Infrastructure Development Investment Joint Stock Company (IDICO) as operator of the toll station. The company has signed an agreement with ETC system provider VETC to set up automated toll collection at the station, following which, it will be applied at other stations citywide. These systems not only help drivers pay fares without stopping but also help investors save costs on printing tickets and providing maintenance services. Further, ETC technology can control the total collected fees. Earlier in April, IDICO installed the system and piloted four ETC tollgates. IDICO earlier invested in build-operate-transfer project to upgrade a 14-kilometer section of National Highway 1A, from An Suong Intersection to An Lac Roundabout, running … [Read more...] about HCMC to begin e-toll collection in July

Hanoi trades land for roadThe Saigon Times Daily HCMC – The government of Hanoi City plans to provide 39.8 hectares of land in Nam Tu Liem District in exchange for the construction of a 2.8-kilometer road, news website VnEconomy reported. The Hanoi Department of Planning and Investment recently announced a project to build a road between Le Trong Tan Street and Ring Road 3 in Thanh Xuan District. The road project is to be developed under the build-transfer format between 2018 and 2020 by a consortium of LOD Human Resource Development Corporation and Bac Viet Development Company Limited. It requires an estimated VND1,412 billion (US$61.8 million), including VND274 billion for construction, VND967 billion for site demolition and clearance, and the remainder for other costs. The route, which is 2.85 kilometers long and 30 meters wide, is to be equipped with adequate technical infrastructure, water supply and drainage, a fire prevention and control system and lights, among other … [Read more...] about Hanoi trades land for road

Van Don Airport to be operational in DecemberBy Le Anh An artist’s impression of Van Don Airport - PHOTO: MINISTRY OF TRANSPORT HCMC – Quang Ninh Province’s Van Don Airport is slated to open for business in December this year, according to the Civil Aviation Authority of Vietnam (CAAV). So far, infrastructure such as the air traffic control tower and a passenger terminal have had their civil works completed, and equipment installation has begun, due for completion in the next two months, according to a report submitted to CAAV. Pilot flights are set to take off on July 10 to check and adjust the equipment, after which the Ministry of Transport will report to the Government, seeking approval for operations to begin in the last month of the year. The airport, which will follow 4E standards until 2020, in accordance with a recently adjusted planning schedule, has a 3.6-kilometer-long and 45-meter-wide runway, an apron providing parking space for a minimum of … [Read more...] about Van Don Airport to be operational in December

HCMC to build VND5-trillion bridge to Can GioBy Le Anh Can Gio Bridge is set to be built as a replacement for the Binh Khanh ferry - PHOTO: LE ANH HCMC – The HCMC People’s Committee has decided to evaluate architectural designs for Can Gio Bridge as a replacement for the Binh Khanh ferry, aiming to connect the central city with Can Gio District, according to the municipal Department of Transport. Can Gio Bridge is set to start at the intersection between Street 15B and Street No.2 in Nha Be District’s Phu Xuan urban area, crossing the Soai Rap and the Cha rivers to Can Gio Mangrove Biosphere Reserve, also known as Rung Sac. It will be 1.8 kilometers south of Binh Khanh ferry in Binh Khanh Commune, Can Gio District. The bridge is 7.4 kilometers long, 24.5 meters wide and has a permitted speed of 60 kilometers per hour, with four traffic lanes serving motor vehicles and two lanes for all vehicles. The selected design must be optimal, feasible, modern, original … [Read more...] about HCMC to build VND5-trillion bridge to Can Gio