(HBO) – The construction of Hoa Binh 3 Bridge commenced in 2016, which is expected to reduce traffic overload on Hoa Binh 1 bridge and meet the city’s future development demand. The People’s Committee of Hoa Binh city is proposing measures to remove difficulties for land clearance and calital mobilisation, while directing the contractor to work towards joining the final segments of Hoa Binh 3 Bridge in July 2018.
Contractor of the project utilises all resources to accelerate
the construction of Hoa Binh 3 Bridge.
A total area of 41,721 sq. m.
must be cleared for the Hoa Binh 3 bridge and its approaching roads, affecting 73
households and five units, with 40 households relocated.
Vice Chairman of Hoa Binh
city’s People’s Committee Pham Quoc Thang said despite financial difficulty, the
committee is directing the contractor to mobilise all available human resources
and machinery to connect the last segments of Hoa Binh 3 bridge in July 2018. By
now, 112 billion VND worth of construction work has been completed out of the
total 322 billion VND estimated for the bridge part, with 66.9 billion VND already
disbursed.
Following the direction of the
municipal People’s Committee, the contractor is making maximum use of human
resources with three consecutive working shifts. Total work load to be implemented
this year is projected at 274.5 billion VND.
Some 295 billion VND is needed
to complete the project within 2018. Meanwhile, capital from the source of International
Development Assistance (IDA) for the programme is planned at 21 billion VND for
the 2018-2020 period. To speed up the progress, the municipal People’s
Committee has asked the provincial People’s Committee to advance 21 billion VND
from the local budget to pay installation costs for the contractor as
regulated. The city’s People’s Committee will refund the money after receiving
the IDA capital. The committee also proposed the provincial People’s Committee
allocate 22.29 billion VND for the northern mountainous
urban programme in Hoa Binh city.
Hoa Binh 3 bridge links with Truong
Han Sieu road in Thinh Lang ward on one end and Highway 6 in Trung Minh
commune, Hoa Binh city on the other end. The bridge is 535m long and 16m wide with
three concrete spans. The approach road to the bridge is 209m long and 31m
wide. The Hoa Binh 3 bridge is built with the aim to connect residential areas
on the left and right banks of the Da River and help realise the target of
upgrading Hoa Binh city into a grade-2 city by 2020. The investor of the
project is the People’s Committee of Hoa Binh city while a joint venture of
Trung Chinh construction and trade company and Hoang Son company is the
contractor./.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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