Signed contract for EX-3 construction package of Hanoi - Hai Phong expressway project

18/04/2010

On April 14, 2010, at the Vietnam Infrastructure Development and Financial Investment Corporation, the contract signing ceremony for the EX-3 package took place between the China Road and Bridge Corporation and the Vietnam Infrastructure Development and Financial Investment Corporation.

Attending the ceremony on the Chinese side were Mr. Peng Da Peng - Head of Representative Office in Vietnam, Mr. Ren Yu Fang - Deputy Head of Representative Office in Vietnam, Mr. Chen Xian Feng - Chief Engineer, Representative Office in Vietnam. On the Vietnamese side, there was Mr. Dao Van Chien - General Director of VIDIFI Corporation along with Deputy General Directors and leaders of departments under the Corporation, representatives of Shareholders of the Corporation, and the Board of Supervisors.

The Hanoi - Hai Phong expressway project is divided into 10 main construction packages and 7 auxiliary packages; The technical design work has been completed by the Joint Venture of Korean - Vietnamese Consulting Contractors; Construction supervision of construction and installation packages is carried out by the Consultancy Joint Venture of contractors Meinhardt International Pte Ltd Consulting Joint Venture and Nhat Viet Construction Consulting Co., Ltd. To date, site clearance work has been completed 95% along the entire route; There have been 3 construction packages implemented by international contractors at the site in Hai Phong City; The remaining packages have been completed by domestic contractors for organic soil removal and compensation and the Investor is in the process of selecting the main construction contractor. It is expected that by June 2010, all bidding packages will be implemented throughout the route.

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Contract signing ceremony for EX-3 construction package (photo: doanvieth)

Construction and installation package EX-3 is a bidding package under the Hanoi - Hai Phong expressway construction project, with the starting point: km19+000 (according to the project schedule) in Minh Chau commune - Yen My District - Hung Yen Province and the ending point km33+000 (according to the project's schedule) in the area of Thai Duong commune - Binh Giang District - Hai Duong Province, the road section has 10 bridges, 12 underground sewers, 1 stop and 2 intersections.

Package EX-3 is implemented with loans from the Vietnam Development Bank; Organize bidding in the form of international open bidding. Through the process of synthesizing the results of technical and financial evaluation, the Working Groups of VIDIFI Corporation have completed the evaluation of contractors' bids in a fair and objective manner, and on that basis, the Board of Directors of VIDIFI Corporation has approved the results of selecting the construction contractor for the EX3 construction package, which is the contractor: China Road and Bridge Corporation.

China Road and Bridge Corporation (CRBC) is an experienced contractor. Currently, China Road and Bridge Corporation is constructing package 1A of the Ho Chi Minh City - Long Thanh - Dau Giay expressway project, a section on the North - South expressway. Package 1A will have a starting point from Km4+000 and an ending point at Km7+500 in District 9 - Ho Chi Minh City, with a total length of 3.5 Km. Section Km4+000 to Km4+514 belongs to urban roads, with a design speed of 100km/h; Section Km4+514 to Km7+500 belongs to the expressway, the design speed is 120km/h. Works on the route include viaducts and traffic safety works.

NTV