More than a fifth of the cost is for site clearance and compensation. The project has received support from Dong Nai's government.
The four-kilometer bridge will serve cargo transport between HCM City’s Cat Lai Port and industrial parks in Dong Nai, the proposal said.
It will also give travelers a new option. Ferryboats shuttling between HCM City and Dong Nai remain a popular means of transport.
The boats serve more than 45,000 vehicles daily and the number can double on holidays.
There is also an expressway but many still prefer the ferries to save time.
