Over $6.2 billion for North-South expressway’s first phase
More than 140 trillion VND (6.2 billion USD) will be used for the first phase construction of the North-South Expressway linking Hanoi and Ho Chi Minh City.
A stretch of the HCM City-Long Thanh-Dau Giay expressway
The State will fund about 55 trillion VND (2.4 billion USD) for the 684 kilometre road in the first phase, which will be carried out from 2017-2022.
Four-lane roads with 17 metres in width will be built for Mai Son (Ninh Binh)-Bai Vot (Ha Tinh) and Cam Lam (Khanh Hoa)-Phan Thiet (Binh Thuan) sections under the public-private partnership (PPP) form and Cam Lo (Quang Tri)-La Son section (Thua Thien-Hue) under the build-transfer (BT) form.
The Phan Thiet (Binh Thuan)-Dau Giay (Dong Nai) section will also have four lanes, 25 metres in width and be constructed under the PPP form.
About 688 kilometres of roads are expected to be built in the second phase from 2023-2028 at a cost of more than 103 trillion VND (4.5 billion USD).
The construction of the third phase will be carried out after 2028 with investment of over 69 trillion VND (3.04 billion USD).