On August 2, the Prime Minister issued a decision approving the investment policy for the Ho Chi Minh City - Moc Bai Expressway construction project (phase 1) under the public-private partnership (PPP) and build-operate-transfer (BOT) contracts.
Accordingly, this expressway has a total length of about 51 km through Ho Chi Minh City and Tay Ninh. The starting point connects with Ring Road 3 - Ho Chi Minh City in Cu Chi district and the end point intersects with National Highway 22 in Ben Cau district, Tay Ninh province.
Regarding the scale of investment, the expressway is designed at 120km/h, with a cross-section of 4 lanes. On the route, works, intelligent traffic systems, toll collection systems... will be built to ensure synchronization, efficiency, according to current standards.
Estimated investment preparation and implementation time from late 2024 to 2027.
The total investment of the project is expected to be over 19,600 billion VND. Of which, the capital of investors and PPP project enterprises is about 9,943 billion VND. The state capital is about 9,674 billion VND (central budget capital is about 2,872 billion VND, Ho Chi Minh City budget capital is about 6,802 billion VND).
When completed, the Ho Chi Minh City - Moc Bai expressway is expected to meet transportation needs, reduce traffic congestion and ensure traffic safety on National Highway 22.
This expressway will synchronously exploit large-capacity belt roads such as Ho Chi Minh City Belt 3 and Ho Chi Minh City Belt 4, helping to ensure traffic safety and high speed on the Ho Chi Minh City - Tay Ninh transport corridor, develop the industrial - urban chain (Moc Bai - Ho Chi Minh City - Cai Mep Port - Thi Vai) associated with the Trans-Asia economic corridor, promote socio-economic development in the Southeast region...
In 2024, construction of the Ho Chi Minh City - Moc Bai expressway is expected to start.
Submitting to the Prime Minister the project of Ho Chi Minh City - Moc Bai expressway phase 1 with nearly 20,000 billion VND
Ho Chi Minh City - Moc Bai Expressway to be put into operation from 2025
The Ho Chi Minh City-Moc Bai Expressway will be completed and put into use in 2025 according to the agreement between Ho Chi Minh City and Tay Ninh province.
Source: https://vietnamnet.vn/thu-tuong-phe-duyet-chu-truong-dau-tu-cao-toc-tphcm-moc-bai-hon-19-600-ty-dong-2308132.html
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