Ho Chi Minh City - Trung Luong - My Thuan Expressway will be expanded to 6-8 lanes - Photo: AN LONG
The Minister of Transport has just approved the investment policy for the project to expand the Ho Chi Minh City - Trung Luong - My Thuan expressway under the public-private partnership (PPP) model with a total preliminary investment of about VND39,800 billion.
Accordingly, the Ho Chi Minh City - Trung Luong - My Thuan expressway is expanded with a total length of 96.13km, starting at Cho Dem intersection (Binh Chanh district, Ho Chi Minh City), ending at the northern end of My Thuan 2 bridge (Cai Be district, Tien Giang province).
For the Ho Chi Minh City - Trung Luong section, it will be expanded from 4 to 8 lanes, the roadbed will be 41m wide, and the design speed will be 120km/h.
In the future, the investment will be completed according to the planned scale with the section from Cho Dem - Ring Road 4 with a scale of 12 lanes (roadbed width 56m); the section from Ring Road 4 - Trung Luong with a scale of 10 lanes (roadbed width 48.5m).
For the Trung Luong - My Thuan section, it will be expanded from 4 limited lanes to 6 lanes, the roadbed will be 32.25m wide according to the planned scale, with a design speed of 100km/h.
At the same time, build an intelligent traffic system, toll stations, rest stops... on the Ho Chi Minh City - Trung Luong - My Thuan expressway to ensure synchronization, according to current regulations and standards.
The Ho Chi Minh City - Trung Luong - My Thuan Expressway expansion project is expected to require about 1,037 hectares of land (including 955 hectares of cleared land from phase 1 and 82 hectares of additional cleared land).
The project is expected to be implemented under a build-operate-transfer (BOT) contract with a preliminary total investment of about VND39,800 billion.
The entire investment capital for the project is mobilized by the investor, without the participation of state capital. Of which: equity capital is about 5,970 billion VND (accounting for 15% of the total investment); loan capital and other legally mobilized capital sources are about 33,830 billion VND (accounting for 85% of the total investment).
The competent authority for the Ho Chi Minh City - Trung Luong - My Thuan expressway expansion project is the Ministry of Transport.
The project's proposed investor is a consortium of Deo Ca Group Joint Stock Company, Ho Chi Minh City Infrastructure Investment Joint Stock Company, Tasco Joint Stock Company, Hoang Long Construction Investment Corporation - JSC, and CII Service and Investment Company Limited.
Estimated time for investment preparation and project implementation is from 2024 - 2028.
The Ministry of Transport assigns Project Management Board 7 and the project proposal investor to coordinate with competent authorities to agree on the assignment of the preparation of the feasibility study report and complete the project feasibility study report, submit it to competent authorities for approval in accordance with the provisions of the Law on Investment under the public-private partnership method and relevant legal provisions, ensuring progress and quality.
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Source: https://tuoitre.vn/chot-du-an-mo-rong-cao-toc-tp-hcm-trung-luong-my-thuan-39-800-ti-dong-20250217131353501.htm
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