The hundred-billion-billion walking path project in Hue is unfinished

Nhu Y riverside walkway passing through Phu Hoi and Xuan Phu wards (Hue City) is a project under the city's water environment improvement project. Hue, phase 2. This walkway extends from Dap Dam to Van Duong bridge (Hue City), with a design length of 1.6km, 6m width, total investment value of 267 billion VND.

According to the design, the route is paved with granite, stainless steel railings, and powder-coated. The entire route has a parking lot of more than 1,300 square meters adjacent to Dap Dam, a 36m long arch bridge over Phat Lat bald and has 11 water wharves.

The project will begin in July 2023 and is expected to be completed and put into use in June 2024. The investor is the City Water Environment Improvement Project Management Board. Hue.

However, as noted by Lao Dong on July 19, the project is still unfinished.

The section from Dap Dam to Vi Da bridge has basically completed most of the main items, only waiting to install additional lighting systems and cast drainage ditches.

There are still many sections that are still unfinished.

Iron and steel rust due to exposure to rain and sun.

Mr. Nguyen Thanh Tuan Anh - Director of the Water Environment Improvement Project Management Board said that the reason the project is unfinished is because this project is one of the bidding packages lacking capital due to the sharp decline in the JPY exchange rate (JPY). reduced by about 24% compared to the project approval time) causing a shortage of ODA capital for the project.

Mr. Nguyen Thanh Tuan Anh - Director of the Water Environment Improvement Project Management Board said that the reason it is unfinished is because this project is one of the bidding packages that lacks capital due to foreign currency exchange rates. Many bidding packages in the Hue City Water Environment Improvement Project had to adjust their capital structure due to the sharp decrease in the JPY (Japanese) exchange rate. After disbursement of all ODA capital in the Agreement (including capital transferred from residual consulting costs and provisions of the loan agreement), the total remaining capital is about 249.5 billion VND.

According to Mr. Nguyen Thanh Tuan Anh, the unit currently recommends that the authorities adjust procedures and supplement capital sources to deploy many packages of the entire project. Among them, the Nhu Y River walkway and embankment project will strive to be completed by September this year.

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

Director of the Water Environment Improvement Project Management Board said that while waiting for capital allocation, contractors are still constructing the remaining items. After the Nhu Y riverside walking route project is completed and put into use, it will become an ideal sightseeing and sightseeing place for local people and tourists.