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Submit to Prime Minister Dau Giay Expressway Project

The Ministry of Transport has just submitted to the Prime Minister for approval the investment policy of the Dau Giay – Tan Phu expressway project (phase 1) by PPP mode, 60.1km long.

The project has the starting point of the project at Km0, intersecting with Highway 1 at about Km1829+500, coinciding with the end point of the Ho Chi Minh City – Long Thanh – Dau Giay expressway (in the territory of Xuan Thanh commune, Thong Nhat district, Dong Nai).

The end point of the project at Km60+100 (through the intersection with National Highway 20 at about Km69+400, in the territory of Phu Trung commune, Tan Phu district, Dong Nai province) connects to the Tan Phu – Bao expressway project Loc.

Regarding the scale of investment, the Ministry of Transport said that according to the road network plan for the 2021-2030 period, with a vision to 2050, the Dau Giay – Tan Phu expressway has 4 lanes with a roadbed width of 24.75m. .

However, based on transport needs, the current status of the existing traffic system and the ability to balance resources, to ensure investment efficiency, the project is recommended to phase out the investment in phase 1 with a scale of 4 lanes. vehicle with roadbed width 17m, design speed 100km/h.

Preliminary total project investment is more than 8,365 billion VND, of which construction cost is more than 4,962 billion VND, site clearance cost is more than 1,287 billion VND.

Regarding the capital mobilization plan, the Ministry of Transport also proposed the state capital to support the site clearance and construction costs, which is expected to be 1,300 billion VND in the medium-term public investment plan for the 2021-2025 period.

Investors mobilized capital (BOT investment capital) is about more than 7,000 billion VND. In which, equity is more than 1,413 billion VND (accounting for 20% of BOT investment capital). Commercial loans are more than 5,650 billion VND (accounting for 80% of BOT investment capital).

With a starting fee of 1,700 VND/km/standard vehicle, it is expected to increase from 200-400 VND/km/standard vehicle every 2 years. Expected time of the investor’s payback fee collection is 20 years and 3 months (to be specified in the preparation of the feasibility study report and investor selection bidding documents). At the end of the time limit, the investor transfers the work to a competent authority for management.

If approved, in 2022 the Ministry of Transport will prepare the project investment. Investor selection will be carried out in 2022 – 2023. Site clearance and resettlement will be implemented in 2022 – 2023.

The project will be constructed and completed in the period of 2023 – 2025.

Vu Diep

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