(ĐN)- The Ministry of Transportation approved construction of an expressway connecting Dau Giay T-Junction in Dong Nai province with the city of Phan Thiet in Binh Thuan province under the public private partnership (PPP) format.
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Binh Minh Import Export Production and Trading Group (Bitexco) has been named the first and second investor will be chosen via international tenders.
The expressway will have a total length of 101.28 kilometers with a total investment of over VND23 trillion, funded by the World Bank, the Vietnamese government, and other domestic and international investors.
It will start at the junction between the Dau Giay-Phan Thiet section and the upcoming HCMC-Long Thanh-Dau Giay road in Dong Nai, and end at Nga Hai new urban township and Ham Kiem Industrial Park in Binh Thuan. The six-lane road will allow vehicles to travel at a maximum speed of 120 kilometers per hour.
Earlier, Dong Nai and Binh Thuan provincial authorities are assigned to carry out site clearance and compensation projects. The road is expected to open to traffic in 2020.
The expressway will link up with the North-South expressway system whose several sections between Dau Giay and Can Tho City are under construction, including HCMC-Long Thanh-Dau Giay, Ben Luc-Nhon Trach-Long Thanh and HCMC-Trung Luong-Can Tho sections. Once in place, it will create a complete expressway route stretching nearly 400 kilometers and passing through most economic hubs and key air, rail, sea transport routes in the southern key economic region.
Reported by P.V
