The Hoa Lac-Hoa Binh highway and Van Lang bridge linking Hanoi’s outlying Ba Vi district and Phu Tho province’s Viet Tri city, which were constructed under build-operate-transfer (BOT) contracts, were opened to traffic on October 10.
The Hoa Lac-Hoa Binh highway was opened to traffic on October 10 (Photo: VNA)
Hanoi (VNA) – The Hoa Lac-HoaBinh highway and Van Lang bridge linking Hanoi’s outlying Ba Vi district andPhu Tho province’s Viet Tri city, which were constructed under build-operate-transfer(BOT) contracts, were opened to traffic on October 10.
According to Minister of Transport Nguyen Van The, the two BOT transportprojects will make significant contributions to socio-economic development inHanoi and the provinces of Hoa Binh and Phu Tho.
The Hoa Lac-Hoa Binh BOT project was carried out at a total investment ofnearly 3 trillion VND (131.2 million USD) via a joint venture between the DefenceMinistry’s Corporation No. 36 and two private companies, Thanh Loc ConstructionJSC and Hanoi Investment and Trade JSC.
The project comprises two components, building the 25.7km Hoa Lac-Hoa Binhhighway and upgrading 30.6km of the Xuan Mai-Hoa Binh section of National RoadNo.6.
Chairman of the Corporation No.36 Nguyen Dang Giap said that besides helping toshorten the distance between Hanoi and Hoa Binh by some 20km, the road will alsoserve as an important driver for socio-economic development in the northwesternregion.
Another BOT project, the Van Lang bridge was invested at a total cost of 1.46trillion VND (63.64 million USD) by Phu Ha BOT Co., Ltd.
It is a link between National Road 32 andNational Road 32C and spans across the Red River. The main bridge is 1.55km inlength and the approaching roads have a combined length of 7.8km.
The Ministry of Transport said that the new bridge facilitates traffic betweenHanoi and the midland province of Phu Tho, thus boosting local economicdevelopment and helping to tap into the tourism and service potential of thelocality.
Investors will begin collecting fees to refund their investment after the twoBOT projects have been put into commercial use in one or two months.–VNA
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The Hoa Lac-Hoa Binh highway was opened to traffic on October 10 (Photo: VNA) 
