S. Korean Co to Build US$314Mln Belt Road in Vietnam
The South Korean GS Engineering and Construction Company or GSE & C will construct a 14-kilometer belt route with total cost of US$314 million, linking Tan Son Nhat airport to Binh Loi.
The municipal Ho Chi Minh Planning & Investment Department Mar 27 signed a deal granting license to GSE & C.
GSE & C expects to kick off the work in 2007 and complete it in the next four years.
At the signing ceremony, Ho Chi Minh City People’s Committee also granted license for GSE & C to build a 36-hole golf course with total investment of US$42.6 million on an area of 200 hectares. (Youth)
Vietnamese
