Ho Chi Minh City plans to invest 6,196 billion VND to build Binh Tien bridge and road.

The Binh Tien bridge and road construction project (from Pham Van Chi Street to Nguyen Van Linh Street) is proposed to change from BOT investment form to using budget capital with an investment level of 6,196 billion VND.

The Binh Tien bridge and road construction project (from Pham Van Chi Street to Nguyen Van Linh Street) is proposed to change from BOT investment form to using budget capital with an investment level of 6,196 billion VND.

The Department of Planning and Investment of Ho Chi Minh City has just sent a report to the City People's Committee on the Binh Tien Bridge and Road Construction Project (from Pham Van Chi Street to Nguyen Van Linh Street).

Through reviewing the contents of the Project Pre-Feasibility Study Report prepared by the Department of Transport, the Department of Planning and Investment found that there were still many contents related to the project proposal under the BOT contract form previously prepared.

While the Project is being proposed by the Department of Transport to change the investment form from BOT to public investment (applied according to the Law on Public Investment).

The Binh Tien bridge and road project will cross Vo Van Kiet street. Photo: Le Toan

In the report, the Department of Planning and Investment stated that, up to now, the City People's Council and the City People's Committee have allocated capital for project preparation in the form of a BOT contract and have disbursed VND 1.71 billion in 2024.

However, up to now, the Department of Transport has not yet sent a document to the City People's Committee to give its opinion on converting the project to public investment.

To ensure the settlement of investment preparation costs in accordance with the form of public investment, the Department of Planning and Investment proposed that the City People's Committee assign the Department of Transport to advise on removing the Project from the BOT investment portfolio and switching to the form of public investment.

According to Document No. 1434/TTr-SGTVT dated February 10, 2025 of the Department of Transport on the appraisal of the Pre-Feasibility Study Report of the Binh Tien Bridge and Road Construction Project (section from Pham Van Chi Street to Nguyen Van Linh Street), with a total estimated investment of 6,196 billion VND and the proposed capital source is the City budget.

Regarding the appraisal of the Project, the Department of Planning and Investment said that the City People's Committee has not yet assigned the Project to prepare a pre-feasibility study report under the public investment method. Therefore, there is no basis for appraisal according to the provisions of the Law on Public Investment.

In case the Department of Transport finds that this Project is suitable for the use of the City budget, it is requested that the Department report and recommend that the City People's Committee consider adjusting Decision No. 5619/QD-UBND dated December 1, 2023 as a basis for implementation.

Binh Tien bridge and road project is 3.6 km long, expected to have 4-6 elevated lanes.
According to the pre-feasibility study report, the Project starts from the Binh Tien - Pham Van Chi intersection (District 6), crosses Vo Van Kiet Avenue, Tau Hu Canal, Cay Sung Street (District 8), Doi Canal, Ta Quang Buu Street, before connecting to Nguyen Van Linh Avenue (Binh Chanh District).
This elevated route will have branches connecting to Vo Van Kiet Street, Binh Dong Street, Ta Quang Buu Street and Nguyen Van Linh Street, helping traffic connect with existing routes.

Source: https://baodautu.vn/tphcm-du-kien-dau-tu-6196-ty-dong-de-lam-cau-duong-binh-tien-d249148.html