The Hanoi People’s Committee has submitted a proposal to the City Council to adjust the investment policy for the Tran Hung Dao Bridge project. The project will be implemented through a Public-Private Partnership (PPP) model, specifically a Build-Transfer (BT) contract, with land funds used as payment.
A notable aspect is that the investor funding the bridge construction will be compensated with four massive land plots totaling approximately 635 hectares, located in Dong Anh and Gia Lam districts. These include: a 25.45-hectare plot in Phu Dong commune; two plots of 56 hectares and 49 hectares in Dong Anh commune; and a portion of a 505-hectare plot spanning Phu Dong and Dong Anh communes. The scale and value of these land plots will be determined following project appraisal and approval.
Previously, under Resolution 10 passed by the City Council in February 2025, the Tran Hung Dao Bridge was planned to span 5.6 km with an investment of approximately VND 15,960 billion. However, the new plan reduces the bridge length to 4.18 km while increasing the total investment to VND 16,226 billion, an increase of VND 266 billion.
The project is divided into two components. Component 2.1 involves upgrading the Co Linh – Hong Tien road, part of the Co Linh Road intersection with the Tran Hung Dao Bridge, led by the Project Management Unit for Transport Infrastructure Investment.
Component 2.2 focuses on constructing the Tran Hung Dao Bridge under the PPP model, using a BT contract with land funds as payment.
Land clearance responsibilities will be assigned to the People’s Committees of Hong Ha and Long Bien wards. These adjustments aim to optimize the project scale, enhance investment efficiency, and ensure seamless infrastructure connectivity from the city center to the eastern areas.
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