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Vingroup breaks ground on $3.5bn sea bridge linking Ho Chi Minh City and Vung Tau

Created at 7 Jul · 4:50 AM1 source↑ Market-relevant
IN SHORT

Vietnamese conglomerate Vingroup has begun construction on a 14km sea bridge connecting Ho Chi Minh City's Can Gio district with Vung Tau. The project, with an estimated investment of over 93 trillion VND ($3.5 billion), aims to significantly reduce travel time and foster economic development.

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Key Numbers

$3.5bnVingroup sea bridge investment
93,000 billion VNDtotal estimated investment
14.06kmsea bridge total length
8 kmsea-crossing bridges length
3.85 kmsea-crossing tunnels length
10 minutestravel time reduction
6 lanesbridge design
80 km/hdesign speed

Who's Involved

Vingroup
Vietnamese conglomerate launching sea bridge project
Truong Tan Sang
Former President of Vietnam, attended groundbreaking
Tran Luu Quang
Politburo member and Secretary of Ho Chi Minh City Party Committee, attended groundbreaking
Le Hong Anh
Former Minister of Public Security, attended groundbreaking
Nguyen Van Nen
Former Secretary of Ho Chi Minh City Party Committee, attended groundbreaking
Tran Van Anh
Deputy General Director of Vingroup
Vingroup breaks ground on $3.5bn sea bridge linking Ho Chi Minh City and Vung Tau

↳ Why This Matters

This ambitious infrastructure project by Vingroup aims to transform a previously isolated coastal area into a major urban and economic hub, significantly enhancing regional connectivity and potentially boosting tourism and logistics for Ho Chi Minh City and the surrounding Southeast region.

Key facts

  • Vingroup has commenced construction on a sea bridge linking Ho Chi Minh City's Can Gio district with Vung Tau.
  • The project is estimated to cost over 93 trillion VND (approximately $3.5 billion).
  • The 14.06km route includes over 8km of sea-crossing bridges and 3.85km of tunnels.
  • Travel time between Can Gio and Vung Tau is expected to be reduced to about 10 minutes upon completion.
  • The bridge is designed with 6 lanes and a speed limit of 80 km/h.

Vingroup has commenced construction on a significant sea bridge project aimed at connecting its Can Gio urban development in Ho Chi Minh City with the coastal city of Vung Tau. The groundbreaking ceremony marks the beginning of a project with an estimated investment exceeding 93 trillion VND (approximately $3.5 billion).

The 14.06km sea-crossing road, which includes over 8km of bridges and 3.85km of tunnels, is designed to reduce travel time between the two locations to about 10 minutes. This initiative is part of Vingroup's broader strategy to develop Can Gio into a new urban hub and is being launched alongside two other key maritime and road infrastructure projects to commemorate the 50th anniversary of Ho Chi Minh City's renaming.

Leaders including former President Truong Tan Sang and Politburo member Tran Luu Quang attended the groundbreaking. Ms. Tran Van Anh, Deputy General Director of Vingroup, highlighted the project's strategic importance for the long-term development of Ho Chi Minh City and the Southeast region, envisioning it as a symbol of the city's maritime infrastructure.

The project is expected to unlock economic, social, tourism, and urban development opportunities along the southern coastal corridor. Vingroup has proposed developing the project under a build-transfer (BT) model, aligning with the prime minister's vision for modern transportation infrastructure and regional connectivity. The area is poised to become a new urban gateway and economic hub for Ho Chi Minh City.

Frequently asked questions

The total estimated investment for the project is over 93,000 billion VND, which is approximately $3.5 billion.

The entire route is planned to be approximately 14.06km long, featuring over 8km of sea-crossing bridges and 3.85km of sea-crossing tunnels.

The sea bridge is expected to shorten the travel time between Can Gio and Vung Tau to about 10 minutes.

The ceremony was attended by notable figures including former President Truong Tan Sang, Politburo member Tran Luu Quang, former Minister of Public Security Le Hong Anh, and former Secretary of Ho Chi Minh City Party Committee Nguyen Van Nen.

What Happens Next

01The project is expected to become operational three years after land handover and construction completion.

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Cadence

How It Developed

Vingroup has begun construction on a sea bridge connecting its Can Gio urban development project with Vung Tau.
The project is part of three key infrastructure initiatives launched by Vingroup to commemorate the 50th anniversary of Ho Chi Minh City's renaming.
The sea bridge will connect Can Gio and Vung Tau, shortening travel time to approximately 10 minutes.
The project spans approximately 14.06km and includes over 8km of sea-crossing bridges and 3.85km of sea-crossing tunnels.
The estimated investment for the project is over 93,000 billion VND (approximately $3.5 billion).
The sea bridge is expected to become operational three years after land handover and construction completion.

Sources

T1
Vingroup launches $3.5bn sea bridge linking Ho Chi Minh City districtsNikkei Asia
T2
Vingroup proposes sea-crossing bridge linking Can Gio, Vung Tau in Ho ...news.tuoitre.vn
T2
Vingroup is simultaneously launching three key maritime and road ...vietnam.vn

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