The project, which covers 100 hectares (250 acres) in districts 1, 4, 7, 8, Binh Chanh and Nha Be, is building a new drainage system with six tidal sluice gates to control flooding over a 750-square-kilometer area. It is expected to benefit around 6.5 million people in downtown HCMC and those residing by the Saigon River.
The project was more than 90 percent complete and with work being resumed now, it will be completed within next year, Dang Phu Thanh, deputy director of the municipal Department of Construction, told constituents at a meeting of the city's National Assembly delegation Tuesday.
The project began construction in June 2016, with city-based Trung Nam Group as the lead investor under a build-transfer (BT) contract.
While the project was expected to be completed within three years, construction was briefly stopped in April 2018 due to a lack of capital, and then delayed again starting November 2020 because the city administration had yet to extend the project's completion deadline. The contract had expired in June 2020.
Source: e.vnexpress.net