(ĐN)- Dau Giay-Phan Thiet expressway, the first infrastructure project to be implemented under the format of public-private partnership (PPP), is expected to start construction in the third quarter of 2015.
(ĐN)- Dau Giay-Phan Thiet expressway, the first infrastructure project to be implemented under the format of public-private partnership (PPP), is expected to start construction in the third quarter of 2015.
The information was released at the recent working session chaired by Deputy Minister of Transport Nguyen Ngoc Dong with the delegation from World Bank (WB) and Bitexco Group, the project’s first investor.
With a total length of around 100kilometers, Dau Giay-Phan Thiet expressway will connect the HCMC-Long Thanh-Dau Giay expressway with National Highway 1A section in Binh Thuan province.
The project will shorten the time for traveling from HCMC to the south-central region and ease traffic congestion on the National Highway 1A.
The expressway will also promote development of industrial parks and tourist sites along the route.
Reported by T.T