The Danang Statistics Office has released information on public investment projects in the city, including two key projects: Lien Chieu Port and the coastal road connecting to it.
Specifically, for the Lien Chieu Port project – the shared infrastructure component, the estimated project value has reached over 2,006 billion VND, or 58.6% of the total investment, since its commencement on November 14, 2022.
Previously, the project faced challenges in procuring construction materials. However, in July, the city’s Department of Natural Resources and Environment allowed mines to increase their extraction capacity by up to 15% of their permit limit. This has temporarily resolved the material supply issue.
The coastal road project connecting to Lien Chieu Port is being expedited
Regarding the coastal road project, the contractor is working overtime to accelerate construction. This project must be completed by December 30, 2025, to synchronize with the Lien Chieu Port project and attract investors.
The cumulative construction volume from the start of the project is 391 billion VND, reaching 32.5% of the total investment.
The coastal road project connecting to Lien Chieu Port must be completed by December 30, 2025
According to the Danang Statistics Office, the progress of projects and constructions in the last quarter of the year has not accelerated compared to the previous months.
Regarding the reasons, the Statistics Office explained that, since the beginning of the year, the city has implemented solutions to expedite public investment projects, especially important ones. However, there are still some challenges in public investment.
Two significant bottlenecks are the time and procedures for investment preparation and approval, and the lack of suitable construction sites.
Additionally, there are other specific obstacles for key and focal projects, such as large-scale and complex healthcare facilities that require design and cost adjustments during construction; scarcity of filling materials…
Moreover, the rainy season has arrived in Danang, with heavy rainfall causing flooding in many areas, which has further impacted construction progress.
In October, the realized investment value from the state budget managed by the locality was estimated at 737 billion VND.
Apart from the Lien Chieu Port and the connecting coastal road, several other projects have made significant progress, including the upgrade and expansion of Tho Quang Fishing Port and the improvement of the Danang Obstetrics and Pediatrics Hospital.
Some projects have not met their scheduled completion or have not commenced as planned in 2024, such as the Hoa Xuan Wastewater Treatment Plant (Phase 3), the Thanh Khe District Medical Center (Phase 1), the resettlement area for the University Village project, and the improvement of sidewalks on Thang Long Street (Phase 2), among others.
Lien Chieu Port is planned, invested, and constructed in Hoa Hiep Bac Ward, Lien Chieu District, with a total area of 450 hectares.
The project consists of two components: Component A – Shared Infrastructure, with an investment of over 3,400 billion VND, funded by the central and city budgets. Component A is expected to be completed by the end of 2025.
Component B will attract private investment, with an estimated investment of 48,304 billion VND.
The coastal road project connecting to Lien Chieu Port is almost 3 kilometers long, with six lanes, a speed limit of 60 km/h, and an A1-grade road surface. It has a total investment of 1,203 billion VND, funded by the central budget (500 billion VND) and the city budget. The road connects Lien Chieu Port to the Nam Hai Van – Tuy Loan bypass.
The $475 Million Airport Terminal Unveiled at Tan Son Nhat International Airport
After nearly two years of construction, Tan Son Nhat Airport’s Terminal 3 has taken shape, with key components such as the roof, basement and above-ground floors, commercial areas, and viaducts now visible. The terminal is set to be a landmark addition to the airport, offering an enhanced travel experience with modern facilities and an efficient design. With its impressive scale and state-of-the-art infrastructure, Terminal 3 promises to be a gateway to Vietnam, accommodating the growing number of travelers and solidifying Tan Son Nhat’s position as a leading aviation hub in the region.
The $700 Billion Bridge: Unveiling the Anticipated Landmark in Ho Chi Minh City
After a lengthy hiatus due to land clearance issues, the Phuoc Long Bridge project is back on track and making rapid progress, with completion anticipated in 2024.
The Ultimate Guide to the Vinaconex-ITC’s Cat Ba Amatina Project: Unveiling the Progress of This Exciting Development
Recently, the investors of the Cat Ba Amatina project (legal name: Cai Gia Tourism Urban Area), Vinaconex Investment and Tourism Development Joint Stock Company (Vinaconex – ITC, UPCoM: VCR), have announced the proposal for an environmental permit for Phase 1 of the development. This report marks a significant step forward in the project’s journey, showcasing the investors’ commitment to sustainable practices and responsible development.
The Grand Cocobay Project: Unveiling a New Era of Prosperity
After half a year of announcing that the Danang government would restart the Cocobay project, the project remains stagnant. Thanh Do Company, the project’s investor, is currently subject to a decision to initiate bankruptcy proceedings.
The Magic City Transforms: Unleashing Urban Potential on Agricultural Land.
From now on, Ho Chi Minh City residents are permitted to construct buildings on agricultural land for the sole purpose of serving direct production needs. The maximum area for such structures is 50 square meters, with a single-story layout and a roof peak not exceeding 5 meters in height.
