The Authorities Workplace has simply issued Doc No. 6000/VPCP-CN on the Bien Hoa – Vung Tau Expressway Development Funding Venture (section 1).
The doc clearly states, on the proposal of the Ministry of Transport in Report No. 8264/TTr-BGTVT dated August 11, 2021 on the approval of the undertaking funding coverage below the PPP technique (BOT contract), Deputy Prime Minister Le Ban Thanh commented as follows:
The Ministry of Transport, primarily based on the street community planning for the interval 2021-2025, with a imaginative and prescient to 2050, after being accredited by the Prime Minister, critiques the content material of the funding undertaking to construct Bien Hoa expressway – Vung Tau (section 1) to undergo the Prime Minister.
It’s recognized that the Bien Hoa – Vung Tau expressway section 1 has a complete size of 53.7km operating parallel to the nationwide freeway 51. The primary is connecting the Nationwide Freeway 1 bypass via Bien Hoa metropolis, Dong Nai province; the tip level intersects with the ring street of Ba Ria metropolis (Nationwide Freeway 56), Ba Ria – Vung Tau province. By which, the part of the route situated in Dong Nai province is 34.2 km and within the territory of Ba Ria – Vung Tau province is 19.5 km.
The undertaking has a complete funding of 19,012 billion dong, constructing 7 interchanges, 13 circulate overpasses, four crossroads and 19 highways. The entire space of land used to construct the undertaking is about 588.5 ha.
In case the funding coverage is accredited by the Prime Minister, the undertaking will begin the investor choice procedures from the fourth quarter of 2021 to the primary quarter of 2022; building works from the primary quarter of 2023 and accomplished after 36 months of building.
As soon as accomplished, the Bien Hoa-Vung Tau expressway undertaking will relieve the strain of visitors jams for Freeway 51 – the arterial street connecting Vung Tau, Ho Chi Minh Metropolis. Ho Chi Minh Metropolis and Dong Nai, at the moment falling into overcrowding.