Submitting to the Prime Minister the project of Ho Chi Minh City - Moc Bai expressway phase 1 with a budget of nearly 20,000 billion VND

Việt NamViệt Nam24/06/2024


The Ho Chi Minh City People's Committee has just submitted a document to the Prime Minister on approving the investment policy for the Ho Chi Minh City - Moc Bai Expressway Construction Investment Project (Phase 1) under the PPP (public-private partnership) and BOT (build - operate - transfer) contracts.

This project belongs to group A with the People's Committee of Ho Chi Minh City as the competent authority; the project preparation unit is the Ho Chi Minh City Traffic Construction Investment Project Management Board (Traffic Board).

Ho Chi Minh City Khanh Thanh Traffic Button 3 floors rescue traffic jam on the northwest side 1 1655.jpg
Truong Chinh Street - National Highway 22 at the Northwest gateway of Ho Chi Minh City connecting with Tay Ninh province. Photo: Tuan Kiet.

The project starts at the intersection with Ring Road 3 in Cu Chi District (HCMC). The end point connects to National Highway 22 in Ben Cau District, Tay Ninh Province. The total length of the expressway is about 51 km, of which the section through HCMC is about 24.7 km and the section through Tay Ninh Province is about 26.3 km.

Regarding the investment scale, phase 1 has 4 expressway lanes 25.5 m wide; land clearance is done at once according to the scale of 6 expressway lanes for the entire route. Technical standards have a design speed of 120 km/h. On the route, there are 5 intersections, including 4 different-level interconnected intersections (Ring Road 3, TL8, DT 787B, QL 22B) and 1 level intersection at the end of the route intersecting with QL22.

At residential intersections, overpasses or underpasses will be used, arranged in accordance with the existing road level and taking into account the need for expansion and upgrading according to future planning to ensure clearance for traffic.

In addition, drainage, lighting, and rest stops systems will be built; Intelligent Transportation Systems (ITS) will be built to manage and regulate traffic safety on the route; Toll stations on the expressway and branches at intersections; Non-stop toll collection technology will be applied; Access roads on both sides of the route will be built in residential areas, ensuring connectivity when the expressway is built...

According to the HCMC People's Committee, the preliminary land use demand of the project is about 409.3 hectares with 566 affected households. The scope of land clearance will be carried out at once on a scale of 6 expressway lanes, organized by the HCMC People's Committee and the Tay Ninh Provincial People's Committee.

Regarding capital, the state capital in the project is 9,674 billion VND, accounting for 49.31% of the total investment (the Central Government allocates 2,872 billion VND, the capital from the Ho Chi Minh City budget is 6,802 billion VND). The remaining capital is from investors and PPP project enterprises, reaching 9,943 billion VND, accounting for 50.69% of the total investment of the project.

The preliminary financial plan has 14 years and 10 months to recover capital. The project contract period is expected to be 16 years and 9 months. At the end of the term, the investor will transfer the project to the competent authority for management.

Project implementation period is expected from 2024-2029. Investor selection in 2024. Site clearance and resettlement in 2024-2025.

June 2025, project start. 2025-2027, construction.

2028-2029, project settlement.

Ho Chi Minh City – Moc Bai Expressway breaks the monopoly, creates a new route connecting to Tay Ninh

According to the Ho Chi Minh City People's Committee, currently, National Highway 22 (Trans-Asia Highway) is the only national highway connecting Ho Chi Minh City with Moc Bai international border gate (Tay Ninh), an international gateway connecting with countries in the ASEAN region.

According to the survey, the two-way trade demand from Ho Chi Minh City and Tay Ninh province is increasing rapidly, but National Highway 22 is overloaded, leading to frequent congestion, affecting the flow of goods and travel, and increasing traffic accidents. In addition, the route has many intersections at the same level... This hinders the socio-economic development of the localities where the project route passes through and the key economic region of the Southeast.

Ho Chi Minh City believes that investing in the construction of the Ho Chi Minh City - Moc Bai Expressway is extremely necessary. When completed, this expressway will share traffic volume on National Highway 22, increase competitiveness by reducing time and increasing the capacity to transport goods and passengers to and from Ho Chi Minh City; reduce the risk of traffic safety; increase the attractiveness of tourism in the region, and reduce environmental pollution.

At the same time, when completed, the expressway will connect Ho Chi Minh City's belt roads such as Belt Road 3 and Belt Road 4 with Tay Ninh province and connect to the Go Dau - Xa Mat expressway in the future, promoting the advantages of the expressways to develop the economy - society, ensuring national security and defense.

Ho Chi Minh City – Moc Bai Expressway breaks the monopoly, creates a new route connecting to Tay Ninh. Ho Chi Minh City – Moc Bai Expressway will complete the traffic network of the Southern key economic region, break the monopoly, and create a new route connecting to Tay Ninh. Ho Chi Minh City proposed that the central government allocate 2,900 billion VND for compensation and site clearance.

Source: https://vietnamnet.vn/trinh-thu-tuong-du-an-cao-toc-tphcm-moc-bai-giai-doan-1-gan-20-000-ty-dong-2294814.html


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