According to the Ministry of Transport, three projects to build the southern sections of the North-South Expressway have had their feasibility studies (FS) completed and submitted to the ministry for appraisal and approval. These sections are Dau Giay-Tan Phu, Nha Trang-Cam Lam and Vinh Hao-Phan Thiet.
According to the Ministry of Transport, three projects to build the southern sections of the North-South Expressway have had their feasibility studies (FS) completed and submitted to the ministry for appraisal and approval. These sections are Dau Giay-Tan Phu, Nha Trang-Cam Lam and Vinh Hao-Phan Thiet.
In addition, a project to build a northern section linking Ninh Binh and Thanh Hoa has also had its FS completed. The north-south expressway project was earlier approved for investment by the National Assembly.
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| The highway section HCMC–Long Thanh–Dau Giay has been completed and opened to traffic - PHOTO: LE ANH |
The first section, Dau Giay–Tan Phu, going through Dong Nai Province has a total length of 59.6 kilometers and is 17 meters wide, with four lanes to be built in phase one and a permitted speed of 80 kilometers per hour. The project requires a budget of VND6.668 billion under public-private partnership (PPP) and build-operate-transfer (BOT) formats and will be completed between 2018 and 2022.
The next (29-kilometer) section, Nha Trang–Cam Lam, will pass through Khanh Hoa Province’s Dien Khanh and Cam Lam districts, worth VND4,059 billion, of which VND3,219 billion was subsidized by the State budget and the remainder came from the BOT source. This section also has four lanes, 17 meters wide, with maximum speed reaching 120 kilometers per hour. Construction is expected to begin next year and is due for completion in 2021.
The investors in the Nha Trang-Cam Lam section expected to recover their investment in at least 23 years.
The third (101-kilometer) section, Vinh Hao–Phan Thiet, running across Binh Thuan Province will have four lanes in the first phase as well, which will then expand to six lanes in the following phase. The project is supported by VND19,648 billion, of which VND8,076 billion was sourced from the State budget for site clearance and construction costs, while the remaining capital was mobilized through the BOT format.
Besides this, the feasibility study for another project for northern highway section Ninh Binh–Thanh Hoa has been handed over to the ministry. The section, measuring 63.6 kilometers in length, runs from Ninh Binh Province’s Yen Mo District to Thanh Hoa Province's Nong Cong District, and costs VND13,788 billion. In phase one, the section will have four lanes, 17 meters wide, and will take three years to complete and 18 years to recoup the capital.
(Source:SGT)
