A Bridge of Almost 5 Trillion Dong is About to Connect the Real Estate Sectors of Two Thriving Areas

The Phuoc An Bridge project, which spans the Thi Vai River and connects the Nhon Trach district in Dong Nai province with the Phu My town in Ba Ria – Vung Tau province, began construction in June 2023. With a total investment of nearly 5 trillion dong, this bridge is a crucial infrastructure project that will enhance transportation connectivity and boost the economy of both areas planned to become cities by 2030. The project has a length of 4.3 km, with the bridge section spanning over 3.5 km, and the rest being approach roads. The total investment for the project is 4.879 trillion dong.

Once completed, the Phuoc An Bridge will connect the Cai Mep – Thi Vai container port with the highway system in the region, such as Ben Luc – Long Thanh and Ho Chi Minh City – Long Thanh – Dau Giay. This will effectively link all the seaports with the Southeast and Southwest regions and contribute to the socio-economic development of Ba Ria – Vung Tau, Dong Nai, Ho Chi Minh City, and the entire Southern key economic region.

Currently, the construction site in Ba Ria – Vung Tau has a large number of machinery and workers involved. Some sections, such as the bridge columns, are taking shape. On the Thi Vai River, the construction team is also working on the main bridge towers.

When completed, this bridge will become a vital transportation route for the movement of goods from the Cai Mep – Thi Vai port to the adjacent highways, including the Ho Chi Minh City – Long Thanh – Dau Giay and Ben Luc – Long Thanh routes, thereby reducing the burden on the existing National Route 51.

For the Nhon Trach and Phu My areas, the Phuoc An Bridge plays a crucial role as a link between the two industrial hubs of Dong Nai and Ba Ria – Vung Tau. It will significantly reduce travel time and distance compared to the current situation. Moreover, the completion of this nearly 5 trillion dong bridge will also increase the value of real estate in both areas, which are planned to become cities.

According to the draft plan of Dong Nai province, the entire Nhon Trach district is set to become a city before 2030. Nhon Trach is strategically located on the eastern side of Ho Chi Minh City, serving as a bridge between the city and Phu My town. Therefore, this area has great potential and advantages to become a satellite city of Ho Chi Minh City.

The real estate market in Nhon Trach has been an attractive investment destination for a long time. Numerous modern urban areas have been and are being developed to keep up with major infrastructure projects such as Ring Road 3 and the completed Long Thanh airport.

On the other hand, Phu My is located in the western part of Ba Ria – Vung Tau province, covering an area of approximately 334 hectares. It is situated along National Route 51, about 60 km from Ho Chi Minh City, 40 km from Vung Tau City, and 20 km from Ba Ria City. Besides its favorable location, Phu My has long been regarded as the birthplace of the industrial sector in Ba Ria – Vung Tau. It has attracted numerous large-scale foreign-invested industrial projects.

According to the plan until 2025, Phu My will become an independent city under the administration of Ba Ria – Vung Tau province. Phu My will be transformed into a coastal urban area, serving as a center for specialized industries, port-related industries, commerce, logistics services, and a vital transportation hub.

With their close proximity, Nhon Trach and Phu My share many similarities in terms of industrial development potential and rapid urbanization. Both areas directly or indirectly benefit from key transportation infrastructure investments such as the Ho Chi Minh City – Long Thanh – Dau Giay and Ben Luc – Long Thanh expressways, Bien Hoa – Vung Tau highway, National Route 51, and the future Long Thanh International Airport.

For more information on economic developments, infrastructure projects, and investment opportunities, visit Business Today.