Decision 932/QD-TTg

THE PRIME MINISTER

Decision No. 932/QD-TTg of October 13, 1998 on the investment project for restoration and renovation of National Highway 1A's Quang Ngai - Nha Trang section

To invest in the project for restoration and renovation of National Highway 1A's Quang Ngai - Nha Trang section and repair of a number of local roads linking to National Highway 1A.

Construction location: National Highway 1A's Quang Ngai - Nha Trang section: starting point at northern Quang Ngai provincial capital (Km 1045), and ending point connected to ADB 1 project (Km 1445).

A number of diverging roads are connected to the National Highway in Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa and Gia Lai provinces.

The total investment capital is about 2,098 billion VND (roughly 163.75 million USD), of which the reserve capital is 24.40 million USD.

The capital sources: Loan capital from the Asian Development Bank (130 million USD) and reciprocal capital from the State budget.

The project investor is the Ministry of Communication and Transport, and the investor's representative is the Management Board of the National Highway 1 project.

The project bidding shall be organized in accordance with the Regulation on Bidding issued together with Decree No.43-CP and Decree 93-CP of the Government and regulations of the Asian Development Bank.- (Summary)