Speaking at the ceremony, Deputy Minister of Transport Nguyen Van Cong said that the project, which is of great importance to the socio-economic development of Hanoi, will help to improve transportation capacity and reduce traffic congestion for the capital city.
He noted that the implementation of the project gained positive results in 2018, under which the first package of the project reached 12.59% of its progress and the second package reached 18.89% of its progress.
Cong also asked relevant agencies to increase their efforts and mobilise all resources to accelerate the progress of the project while ensuring its quality. The Deputy Minister said that all cleared land required for the project was handed over to the project management board to carry out the construction.
The Mai Dich – Thang Long viaduct has a total length of 5.36km and an investment of VND5,343 billion (approximately US$229.75 million) sourced from ODA capital from the Japanese Government and counterpart capital from the Vietnamese Government.
The project is divided into two packages, with a length of 2.68km each, and is scheduled to be completed in 28 months.
It is planned that 47% of the total capital of the first package and 43.6% of the total capital of the second package will be disbursed this year.