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Over VND 15,000 billion invested in tunnel systems

10/01/2012 09:06 am
Over VND 15,000 billion invested in tunnel systems
News - Deo Ca tunnel project on National Highway 1A will be started in the second quarter of 2012 and be finished in the second quarter of 2016.

Minister of Transport Dinh La Thang has just approved the project, according to the project managers.

Accordingly, the project that will contain a road section of National Highway 1A passing the two central provinces of Phu Yen and Khanh Hoa is invested on the BOT (build-operate-transfer) and BT (build-transfer) models.

The project is 13.4 km in length, including Deo Ca tunnel with 3.9 km under the Ca mountain pass and Co Ma tunnel with 500 m under the Co Ma mountain pass.

The investors said that each tunnel system will consist of 2 tunnels, which provide the two one-way roads with 2 lanes each for automobiles.

The project that costs over VND 15,600 billion will be implemented by Hanoi Construction Corporation, Nam Trung Bo and Tay Nguyen Joint-Stock Company of Mai Linh Group, Thai Hai Investment Joint-Stock Company and Asia Joint-Stock Company.

Source: QDND


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