Allocating capital for the Nhu Y riverside walking project in Hue

QUẢNG AN |

HUE - The Nhu Y riverside walking path project has been allocated capital, re-constructed and is expected to be completed by the end of 2025.

The Nhu Y riverside walking path passing through Phu Hoi and Xuan Phu wards (Thuan Hoa district, Hue city) is a project of the Hue City water environment improvement project, phase 2.

This walking path stretches from Dap Da to Van Duong Bridge (Hue City), with a designed length of 1.6km, 6m wide, and a total investment of 267 billion VND.

According to the design, the road is paved with granite, railings made of stainless steel, and painted with electrical static paint. The entire route has a parking lot of more than 1,300m2 adjacent to the Dam Da, a 36m long arch bridge across Phat Lat Lake and 11 water wharves.

The project has been underway since July 2023, expected to be completed and put into use in June 2024, the investor is the Hue City Water Environment Improvement Project Management Board. However, up to now, the Nhu Y River walking path project is still unfinished and shelved for a long time.

Mot phan cua du an duong di bo ven song Nhu Y (quan Thuan Hoa, TP Hue). Anh: Phuc Dat
Part of the Nhu Y riverside walking project (Thuan Hoa district, Hue city). Photo: Phuc Dat

According to a reporter from Lao Dong Newspaper, for a long time, the Nhu Y riverside walking road project has almost stopped construction. Although most of the project has completed the basic items, people have not been able to fully use this road.

Regarding the above issue, Mr. Nguyen Thanh Tuan Anh - Director of the Hue City Water Environment Improvement Project Management Board (PMU) said that the main reason for the delay in the project's progress is that many bid packages have to adjust the capital structure because the Yen exchange rate (Japan) has decreased sharply.

The project's loan agreement expires on June 30, 2024. After disbursing all ODA capital in the agreement, the total remaining capital is about VND 249.509 billion (including construction items, equipment and consulting services).

The leader of the Project Management Board informed that many packages have been allocated capital. For the Nhu Y River pedestrian and embankment project alone, the remaining value to be completed is 25.85 billion VND.

"The important thing is that the capital has been allocated, we are currently rushing to implement the project to complete it by the end of 2025" - said the leader of the Project Management Board.

After the Nhu Y riverside walking route is completed and put into use, it will become an ideal place for sightseeing and sightseeing for locals and tourists.

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