PM approves Bien Hoa-Vung Tau expressway investment plan
The Prime Minister has approved an investment plan for the first phase of the Bien Hoa - Vung Tau expressway project, which is expected to speed up travel between Dong Nai, Ba Ria - Vung Tau and Ho Chi Minh City.
Overview of the Bien Hoa - Vung Tau expressway project. The first construction phase is slated to be completed by 2026 (Photo: VNA)
HCM City (VNS/VNA) - The Prime Minister has approved aninvestment plan for the first phase of the Bien Hoa - Vung Tau expresswayproject, which is expected to speed up travel between Dong Nai, Ba Ria - VungTau and Ho Chi Minh City.
The total investment will be about 19.6 trillion VND (862.7 million USD).Around 6.6 trillion VND will come from the State’s budget to cover landclearance compensation and relocation.
The expressway is expected to ease congestion on National Highway 51. It willbe around 53.7 kilometres long, connecting Dong Nai and Ba Ria – Vung Tau.
It will have a speed limit of no more than 100 kilometres per hour, and bebuilt under the public-private partnership (PPP) model and Build – Operate –Transfer model.
It will run parallel to National Highway 51 and cut through the HCM City - LongThanh – Dau Giay expressway and Ben Luc - Long Thanh expressway.
The first phase of the project will include four lanes, except for the segmentbetween the two intersections between the expressway and HCM City - Long Thanh –Dau Giay and Ben Luc - Long Thanh, which will have six lanes instead.
Investment and construction will be carried out from 2021 to 2026.
The project will add to traffic infrastructure needed to fully utilise Cai Mep– Thi Vai Port and the future Long Thanh international airport.
The Ministry of Transport, which is in charge of the project, plans to surveypotential investors and work with other authorities on the project’sfeasibility study. It targets choosing an investor by the end of 2022.
Vietnam aims to develop additional 4,000km of expressways by 2030./.
The southern coastal province of Ba Ria – Vung Tau has exploited its natural beauty and taken advantages of its oil and gas sector for economic development, turning itself into a sustainably developed region in the Southern Focal Economic Zone of Vietnam.
The prospect of busy urban areas being created around Long Thanh International Airport in southern Dong Nai province has attracted investment in the eastern reaches of neighbouring Ho Chi Minh City, most notably Aqua City ecological urban area, which has become appealing thanks to its connectivity, standardised planning, convenience, and ideal geographical location.
Prime Minister Nguyen Xuan Phuc has asked relevant ministries, agencies and the southern province of Ba Ria – Vung Tau to develop the seaport and logistics system at Cai Mep – Thi Vai area to meet regional standards by 2030 towards becoming a world-class seaport hub in the world by 2045.
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