OVERHEAD ROAD NO.3

Road about 7.3 km long, 17.5 m wide with 04 lanes of 3.5 m, through district 10, 5, 8, 7 and Binh Chanh District.

1. Name of Project: the Overhead road No.3

 

2. Investors interested in: Binh Thien An Real Estate JSC.

 

3. Total estimated investment: 500 million USD

 

4. Estimated size, capacity, location, construction area, the work item, the demand for land use:

4.1 Location: district 10, 5, 8, 7 and Binh Chanh District.

4.2 Scope of project:

- Alignment starting intersection with the overhead road No.2 - Le Hong Phong (extended) - Ly Thai To - Nguyen Van Cu (extended) - North-South axis - Nguyen Van Linh.

- Road about 7.3 km long, 17.5 m wide with 04 lanes of 3.5 m.

 

5. Compatibility of the project with other fields, project selection criteria:

The construction of the Overhead road No. 3 is to improve the road network overhead of Ho Chi Minh City, in accordance with the planning.

 

6. Analysis, preliminary selection of technologies and technical conditions:

6.1. Selection structures (viaducts):

a/ Rhythm structure: pre-stressed steel-enforced concrete box girder (strut type) due to advantages in transportation ,assembly, and economy.

b/ Foundation structure, abutment: Choose solution foundation cast-in-situ concrete pile for the abutment because most projects go through populated areas, ensuring both construction and traffic. In order to minimize the impact to the residential construction stakes, to avoid impacts on the environment, bridge pier has T cross- section shape.

6.2. Provide materials and equipment: To prioritize the use of domestic materials and equipment manufacturing; just import the equipment can not be produced domestically.

6.3.  Estimated  occupied  area:  approximately 127,000 m2.

 

7. Estimated construction progress: The construction schedule for about 4 years.

 

8. Preliminary determination of prices, costs of goods and services expected revenues from the exploitation of works under current regulations:

The payback of construction capital goes through the exploitation of works (transportation fee, advertising fee, providing services along ...) and other exploitation of the land along the road.

 

9. Preliminary determination of the State participation and propose incentives and mechanisms to ensure the investment of the project:

- State Capital participation: 30% capital, Investor: 70% (specific rate depending on the results of research projects)

- State support for the investor:

+ Land clearance

+ Tax incentives

+ Access to preferential capital in the country and the international financial institutions.

 

10. Analysis of the overall effectiveness of the project:

- Because the city can not afford to make adequate capital so that should be mobilized investment  capital  of  the  enterprise.  Through this investment channels, the city has not only to develop transport infrastructure, but also to promote economic development, create more jobs, in addition, the investor invests to projects of exploiting the land in accordance to master plan which will contribute to accelerating the process of urbanization, improving people’s lives.