Hai Duong backs infrastructure schemes to attract investment

Feb 12th at 13:43
12-02-2025 13:43:35+07:00

Hai Duong backs infrastructure schemes to attract investment

A new bridge connecting National Highway No.5 and other critical transportation routes in the northern province of Hai Duong is expected to enhance inter-regional connectivity.

Hai Duong develops transport infrastructure to attract investors

Dai An JSC held the groundbreaking ceremony for the construction of Dai An Bridge, which aims to connect Gia Loc and Cam Giang districts, over the Kim Son River (Sat River) in Hai Duong on February 8. The development is expected to cost VND250 billion ($10 million).

The bridge's starting point integrates with the building of Ring Road 1 near Hai Duong city, spanning from the 62M road to the Dai An-expanded industrial park.

Once completed, the bridge will improve inter-regional connectivity, connecting National Highway No.5 and critical transportation routes within Hai Duong.

Le Ngoc Chau, Chairman of Hai Duong People's Committee, said, "This is one of the most important infrastructure projects agreed upon between 2021 and 2025. One such project is Ring Road 1, a planned 30km route intersecting National Highway No.5, National Highway No.37, and Provincial Roads 390 and 391. This ring road will encircle Hai Duong city, connecting industrial parks and vital functional areas, reinforcing transport infrastructure to draw in investment capital."

Truong Tu Phuong, chairwoman of the board of directors of Dai An JSC said, "We greatly appreciate the support of the local authorities in land clearance and approving the administration in collaboration with the support of residents. We are determined to start construction next month and have the bridge in operation by May 2026."

"Upon completion, we will hand over the bridge to Hai Duong Department of Transport to operate and manage under the public assets," added Phuong.

Hai Duong currently hosts 605 foreign-invested joint ventures from 27 countries and territories, with total registered capital exceeding $11.2 billion. According to the provincial planning, Hai Duong aims to have 32 industrial parks covering a combined area of 5,661 hectares by 2030.

VIR



NEWS SAME CATEGORY

Đồng Nai starts the year on high note, approving 14 investment projects

Eight projects are new investments, and six are existing ones that have had their capital increased.

Sóc Trăng continues to support businesses to develop

Sóc Trăng's leaders affirmed that they will continue to accompany and closely connect with businesses in the province to help produce many successes this year.

​Vietnam aims for 20-22% growth in e-commerce sector in 2025

The Vietnamese government has set the e-commerce sector's growth target at 20-22 percent in 2025.

Prime Minister reaffirms reaffirms commitment to enhancing investment climate

The Prime Minister called on the private sector to join the national effort to achieve at least a double-digit economic growth rate and contribute to the overall...

Revenue from five largest e-commerce platforms reaches over $12 billion in 2024

Total sales on Shopee, Lazada, TikTok Shop, Tiki and Sendo last year were double that of 2023.

Vietnamese Gov’t plans to revise up 2025 GDP growth target to over 8%

The revision of this year's GDP target will help lay the foundation for double-digit growth from 2026, propelling the country into a prosperous development phase.

​Vietnamese billionaire's family loses $98mn following Trump's tariff policy

Vietnamese billionaire Tran Dinh Long's family, owners of Hoa Phat Group, Vietnam's largest steel producer, has lost about US$98.3 million due to a sharp stock...

Vietnam expects big FDI wave in 2025

More than 4.33 billion USD in foreign investment was registered in Vietnam in January, an increase of 48.6% compared to the same period last year.

Việt Nam’s technology start-up funding drops 38 per cent last year

Việt Nam is currently ranked 51st globally in terms of start-up funding, ahead of Iceland and Luxembourg.

Six directions outlined to boost Vietnam’s private sector

He urged large enterprises to lead national challenges and innovative projects, while encouraging small- and medium-sized businesses to innovate, improve management...


MOST READ


Back To Top