Accordingly, on June 24, the People's Committee of Da Nang City approved the investment policy for the project to improve the Le Thanh Nghi - Cach Mang Thang Tam - Thang Long intersection - the access road to Hoa Xuan bridge with a total investment of about 1,570 billion VND.
Notably, Da Nang will separate compensation, support, resettlement, and site clearance into independent projects (Component Project 1), the investor is the City Land Fund Development Center.
The implementation period is 2025-2029. The total investment of component project 1 is more than 129 billion VND.
Component project 2 invests in the construction of technical infrastructure to improve the Le Thanh Nghi - Cach Mang Thang Tam - Thang Long intersection - the access road to Hoa Xuan bridge.
The implementation period is 2025-2029, with a total investment of more than 1,441 billion VND.
Including the completion of traffic items, water supply and drainage, lighting, communication and related technical infrastructure. Solve traffic congestion, increase communication and safety at intersections.
According to the People's Committee of Da Nang City, the existing Hoa Xuan Bridge will be retained, expanded with one more lane, and supplemented with an architectural plan. Hoa Cuong intersection will have tunnels and access roads. Hoa Xuan intersection will invest in a riverside road and reorganize traffic.
