BIDV funds Hoa An bridge project

08:11, 18/11/2011

(ĐN)- On Nov 15, Dong Nai branch of Bank for Investment and Development of Vietnam (BIDV) signed a credit agreement with Sonadezi Corporation to provide a loan of VND500 billion for the project of the Hoa An bridge.

(ĐN)- On Nov 15, Dong Nai branch of Bank for Investment and Development of Vietnam (BIDV) signed a credit agreement with Sonadezi Corporation to provide a loan of VND500 billion for the project of the Hoa An bridge. The signing ceremony was witnessed by Vice Chairman of Dong Nai provincial People’s Committee Tran Minh Phuc.
Ký kết hợp đồng tài trợ vốn giữa BIDV Đồng Nai và Tổng công ty  Sonadezi. Ảnh: K.Ngân
Dong Nai branch of BIDV signed a credit agreement with Sonadezi Corp to provide a loan of VND500 bil for Hoa An bridge project.
Speaking at the signing ceremony, Vice Chairman Phuc said that the Hoa An bridge is one of the province’s major traffic projects in 2011-2015 period. It will help to stir up the economic development of Bien Hoa city and Dong Nai province in particularly and  will be an impetus for the socio-economic development of the region in generally.

Hoa An bridge is carried out under the BT (build-transfer) form with a total investment of more than VND1 trillion. The bridge, over 1,306 meters in length and 16.5 meters in width, will help ease the burden for the aging Hoa An bridge.

Reported by K.N