Accordingly, the Ministry of Transport proposed to add the intersection with the extended Vo Van Kiet road, located in Vinh Long province, and the residential road along the section through Dong Thap province with a total length of about 7.3 km to the My Thuan - Can Tho Expressway Construction Investment Project, Phase 1.
My Thuan - Can Tho Expressway completes main route on December 31, 2023
The Ministry of Transport also proposed that the total investment of the project be adjusted to VND 5,826.23 billion, an increase of VND 998.91 billion compared to the preliminary total investment according to the pre-feasibility study report approved in Decision No. 839/QD-TTg in 2020 of the Prime Minister.
According to the explanation, the adjusted investment cost increased due to the project's compensation, support and resettlement costs increasing by about 783.39 billion VND, of which the initially approved items increased by about 526.57 billion VND; the addition of the intersection with the extended Vo Van Kiet road increased by about 212.69 billion VND; the addition of the service road in Dong Thap province increased by about 44.13 billion VND.
The completion of the My Thuan - Can Tho Expressway will shorten the travel time from Ho Chi Minh City to Can Tho from 3 - 4 hours to about 2 hours, contributing to the completion of the transportation and logistics system in the region.
Previously, the project had fully exploited the main route before December 31, 2023, but other auxiliary items must continue to be completed before June 30, 2024. For additional items including the intersection with the extended Vo Van Kiet road and the residential access road, implementation will continue from 2024 and be completed in 2025.
The My Thuan - Can Tho Expressway construction investment project, phase 1, has a total route length of about 22.97 km (Vinh Long province has a length of 12.52 km; Dong Thap province has a length of 10.45 km).
The total preliminary investment of the project is 4,827.32 billion VND from the central budget. The project implementation period is to start in 2020 and complete the entire phase 1 project by the end of 2023.
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