Key facts
- Vingroup has started construction on a sea bridge.
- The sea bridge will be 14km long.
- It connects Ho Chi Minh City's Can Gio district with Vung Tau.
- The project's estimated investment is over 93 trillion VND.
- The investment is equivalent to $3.5 billion USD.
- The bridge aims to reduce travel time between the locations.
- The project is intended to foster economic development.
Vietnamese conglomerate Vingroup has officially broken ground on a significant infrastructure project: a 14km sea bridge that will link the Can Gio district of Ho Chi Minh City with the coastal city of Vung Tau. The ambitious undertaking carries an estimated investment exceeding 93 trillion VND, which equates to approximately $3.5 billion USD. The primary objectives of this new sea bridge are to substantially decrease the current travel duration between these two key economic hubs and to serve as a catalyst for broader economic development across the region. By enhancing connectivity, the project is anticipated to foster increased trade, boost tourism, and create new economic opportunities for the areas it serves. The construction phase has now begun, marking a critical step forward for this large-scale development.