Da Nang breaks ground on two key projects worth over VND4.29 trillion
Da Nang authorities broke ground on two key projects with combined investment of more than VND4.29 trillion (US$169 million).
Da Nang authorities have officially broken ground on two significant projects with a combined investment of over VND4.29 trillion (US$169 million). The first project, the traffic intersection cluster of Le Thanh Nghi-Cach Mang Thang Tam-Thang Long, along with the approach road to Hoa Xuan Bridge, is estimated to cost VND1.571 trillion (US$61.8 million).
The second project, the Da Nang Adaptive Integrated Development Project, is valued at VND2.723 trillion (US$107.2 million) and is funded by World Bank loans and counterpart funds. The Hoa Xuan Bridge project aims to alleviate traffic congestion in the area, while the Adaptive Integrated Development Project focuses on improving the inland waterway route from Cua Han to Cua Lo for enhanced economic and tourism development.
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