Deputy PM approves $355 mln southern Vietnam expressway
Deputy Prime Minister Le Van Thanh has approved a plan to build the VND8,365 billion ($355 million) Dau Giay-Tan Phu expressway in southern Vietnam as a public-private partnership (PPP) project.
Private investors will contribute more than VND7,065 billion ($305 million) of the total investment, including loans.
The 60.3-kilometer road will be part of the 200-kilometer Dau Giay-Lien Khuong Expressway, connecting HCMC with the Central Highlands region.
The four-lane expressway will begin in Dau Giay township, Thong Nhat district, Dong Nai province where it intersects with National Highway 1 and meets the end of HCMC-Long Thanh-Dau Giay Expressway. It will end in the province’s Phu Trung commune, Tan Phu district, intersecting with National Highway 20.
Once completed in 2025, the expressway will allow a maximum speed of 100 kph.
The government has assigned the Ministry of Transport to make a feasibility study for the project, the Ministry of Planning and Investment to allocate state capital and the People’s Committee of Dong Nai province to prepare the construction site.
Tan Phu-Bao Loc Expressway. Photo courtesy of VOV.
Together with two other sections, Tan Phu-Bao Loc and Bao Loc-Lien Khuong, the Dau Giay-Tan Phu Expressway is expected to ease traffic congestion on National Highway 20 and promote socio-economic development in Dong Nai in particular and the southeastern region in general.
Dong Nai province, which neighbors HCMC, is a major manufacturing hub in southern Vietnam.
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