Today (February 14), the Ho Chi Minh City People's Committee issued decisions on establishing a grassroots appraisal council to appraise the pre-feasibility study reports of four BOT projects to upgrade and expand national highways 1, 13, 22 and the North-South axis.

According to the City People's Committee, the establishment of an appraisal council is a new step forward for the four gateway BOT projects implemented from the mechanisms of Resolution 98.

The city plans to submit the investment policy to the City People's Council for consideration and approval at the February 2025 meeting.

After that, the city will conduct surveys, bid to select investors and start construction of the project this year.

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National Highway 13 intersection with Pham Van Dong Street, section through Thu Duc City, Ho Chi Minh City. Photo: TK.

According to the pre-feasibility study report of the Ho Chi Minh City Department of Transport, the above projects are proposed to be implemented from now until 2028 under a special policy applied for the first time nationwide, belonging to the group of mechanisms that the National Assembly allows Ho Chi Minh City to pilot under Resolution No. 98/2023.

Specifically, including: Project to upgrade and expand National Highway 1 (from Kinh Duong Vuong Street to Long An Provincial Border); Renovation and upgrade of National Highway 22 (from An Suong Intersection to Ring Road 3); Project to upgrade and expand National Highway 13 (from Binh Trieu Bridge to Binh Duong Provincial Border); upgrade of North-South axis road, section from Nguyen Van Linh Street to Ben Luc - Long Thanh Expressway.

Preliminary, total investment capital for 4 projects is more than 58,000 billion VND.

In particular, the project to upgrade and expand National Highway 1 (from Kinh Duong Vuong Street to the border of Long An province) - now called Le Kha Phieu Street - 9.62km long will be invested in expanding to 10-12 vehicles.

The project has a total investment of over 16,270 billion VND, of which the budget capital is over 9,611 billion VND, the remaining 6,659 billion VND is mobilized by the investor. The investor's toll collection period is 21 years and 10 months.

The project to renovate National Highway 22 (from An Suong intersection to Ho Chi Minh City Ring Road 3) - now called Le Quang Dao Street - passes through District 12 and Hoc Mon District. The 8.03km route will be expanded to 10 lanes.

The project has a total investment of about 10,451 billion VND. In this project, the budget capital participates in more than 59% (about 6,234 billion VND), the rest is mobilized by investors. The investor's toll collection period is 23 years and 10 months.

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National Highway 13, the vital gateway connecting Ho Chi Minh City with Binh Duong, Binh Phuoc and the Central Highlands provinces, often experiences traffic congestion. Photo: TK.

The project to upgrade and expand National Highway 13 (from Binh Trieu Bridge to Vinh Binh Bridge) is 6.3km long and will be expanded to 60m with 10 lanes, of which 3.2km will be built as an elevated road with 4 lanes.

The project has a total investment of about 21,724 billion VND (budget capital of more than 14,700 billion VND, capital mobilized by investors is about 7,017 billion VND). The investor's toll collection period is 21 years and 4 months.

The North-South axis road upgrade project (from Nguyen Van Linh Street to Ben Luc - Long An Expressway) passes through District 7 and Nha Be District. The total length is 8.6km, with a preliminary total investment of more than VND 9,894 billion (including interest). Of which, the budget capital is more than VND 4,679.7 billion (47%), the rest is investor capital. The investor's toll collection period is 22 years and 1 month.

Termination of BOT project contract worth nearly 1,600 billion at the gateway to Ho Chi Minh City because it has not been completed after 9 years

Termination of BOT project contract worth nearly 1,600 billion at the gateway to Ho Chi Minh City because it has not been completed after 9 years

The project connecting Vo Van Kiet Street to Ho Chi Minh City - Trung Luong Expressway, 2.7km long, costing 1,557 billion VND, has just had its BOT contract terminated by the city after 9 years of implementation.
Ho Chi Minh City needs more than 58,000 billion VND to upgrade and expand 4 key gateways.

Ho Chi Minh City needs more than 58,000 billion VND to upgrade and expand 4 key gateways.

To upgrade and expand four key regional gateways, Ho Chi Minh City needs more than VND58,000 billion in the form of public-private partnership and BOT contracts.
HCMC: Expected to spend more than 21,700 billion VND to expand National Highway 13 to 60m, 10 lanes wide

HCMC: Expected to spend more than 21,700 billion VND to expand National Highway 13 to 60m, 10 lanes wide

National Highway 13 connecting Ho Chi Minh City with Binh Duong will be expanded to 60m, accommodating 10 lanes, with a total investment of more than 21,700 billion VND.