PDR initiates Ground breaking ceremony of internal technical infrastructure construction project in Zone I - Co Dai Area
On the morning of 28 October 2018, the Ground breaking ceremony of internal technical infrastructure construction project in Zone I – Co Dai Area was carried out in the Ethnic Cultural Historical Park located at Long Binh ward, District 9, Ho Chi Minh City, invested by COININ Construction Investment Infrastructure Company Limited (established by PDR in cooperation with Duc Khai Joint Stock Company). The project is characterized by the total investment capital of VND 936 billion and is expected to complete within 24 months.
Following My Loi Bridge Project, a national key traffic construction connecting Tien Giang and Long An, PDR’s role and efforts were highly valued by the representatives of the State and local authorities. As a developer, PDR is determined to invest in a complete internal technical infrastructure of Zone I – Co Dai Area, located in the Ethnic Cultural Historical Park memorial area honoring King Hung, The technical infrastructure of Zone 1 is to facilitate the operations of the Co Dai Village and its functional areas in accordance with the approved construction plan in Co Dai Area.
Particularly, the Village is regarded as the ideal venue for organizing the ancestor’s death anniversary rituals in Ho Chi Minh City. It is also considered to be the destination for visits, student excursions and entertainment, educating the youth about the national pride, preserving and honoring the historical values and traditional culture. Thanks to this project, PDR excels the State and Party’s policies on socializing the financial resources, focusing on non-governmental budget resources to invest in constructions that serve the purposes of social development and improve the local living quality.
OVERVIEW ABOUT THE INTERNAL TECHNICAL INFRASTRUCTURE CONSTRUCTION PROJECT IN ZONE I – CO DAI AREA
Total investment costs: approximately VND 936 billion.
Project scale: Road and technical infrastructure (grade III), including main items such as (aggrandizement, dike embankment, local path in the Park, roads, water supply and drainage system, wastewater treatment, power supply, lighting, etc.)
Expected completion date: Within 24 months
Investment form: BT Contract