Long distance ahead to reach Hanoi bridge goal
11:00 | 14/04/2021
While Hanoiâs new bridge development by 2030 is expected to drive future socioeconomic development and increase regional connectivity, bankability remains dim, waiting for special mechanisms in which to lure private investment.
Hanoi today has a batch of new bridges planned, but only a portion of proposed capital to cover it has been amassed, photo Le Toan
At the site of the second phase of Vinh Tuy Bridge, excavators are in full capacity and actively speeding up work to meet the construction timeline, which is scheduled to be put into operation in 2022.
It is the first bridge in Hanoi to begin construction this year as part of 10 major crossings of the Red River in the cityâs new transport development plan by 2030, with a vision towards 2050 and approved by the prime minister five years ago.