Bulldozers get rolling on roads in Ha Noi

Saturday, May 17, 2014 11:56

Bitexco holds an opening ceremony of the project in Ha Noi. — Photo vietnamplus.vn

HA NOI (Biz Hub) — Viet Nam's Bitexco group on Thursday officially began construction of a road in the southwest of the capital city under a build and transfer (BT) arrangement.

The road will stretch from Dai Kim ward, Hoang Mai District to La Phuc ward of Ha Dong District. The project is expected to be completed within 36 months with a total investment of VND1.47 trillion (US$71 million).

Bitexco got the greenlight to invest in the project in October last year and officially signed the contract to develop the project in the BT method last month.— VNS

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