Investor wants contractor replaced in long-delayed road project
HCMC – The investor of the long-delayed Dong Van Cong Street expansion project has proposed the HCMC
The Vietnam Expressway Corporation (VEC), the investor of the project, has suggested that the Ministry of Transport work with the Japan International Cooperation Agency (JICA) to find a new contractor for the project.
The VEC’s effort came after its contract with the previous builder expired recently.
The Phuoc Khanh Bridge construction is funded by Japanese official development assistance and supervised by JICA.
The remaining workload of the bridge is estimated to cost VND750 billion.
The search for the contractor will begin in the first quarter of this year, and the project can restart construction in June. The construction is expected to be complete in January 2025, according to VEC.
However, JICA has yet to approve the plan.
Work on the project started in 2016, with the contractor being a consortium of Japan’s Sumitomo Mitsui and Vietnam’s Cienco 4.
Construction work was halted in 2020 with capital disbursement reaching 87.4% of the total.
With a total length of three kilometers and a width of 22 meters, the four-lane Phuoc Khanh Bridge will connect HCMC’s outlying district of Can Gio and Dong Nai Province’s Nhon Trach District.