Proposing pilot to reduce ticket prices for BOT Thai Ha Bridge

According to the General Department of Roads, according to the report of Thai Ha Bridge BOT Joint Stock Company, the amount of toll for road use of the Thai Ha Bridge project phase I from 2019 to 2021 will reach nearly VND 84 billion. . Average daily revenue of 76 million.

In which, in 2019, the revenue was more than 26 billion VND, reaching just over 15% of the contract revenue. In 2020, the revenue reached more than 28 billion dong, reaching more than 14%. In 2021, it is just over 29 billion VND, reaching more than 14%.

Because the revenue ratio is too low compared to the financial plan, it greatly affects the return of the project’s capital.

Proposing pilot to reduce ticket prices for BOT Thai Ha Bridge

In order to attract vehicles and increase the efficiency of the project, the Directorate for Roads proposed the Ministry of Transport to consider piloting a reduction in the project’s road service charges for a period of 3 months as proposed by BOT Joint Stock Company. Thai Ha Bridge from April 1.

The reason for low revenue affecting the financial plan is that most of the vehicles traveling through the Hung Ha bridge do not have to pay tolls.

Explaining more specifically, a representative of Thai Ha Bridge BOT Joint Stock Company said that after being allowed to collect fees, the project’s operation faced many difficulties when influenced by connecting projects from Thai Binh and Ha Noi. South and the project adjacent to Hung Ha Bridge.

Thai Ha Bridge BOT Joint Stock Company proposes to temporarily reduce ticket prices for a period of 3 months in order to have data to propose and report to competent authorities for plans to support investors and project enterprises.

The form of a discount for road use services for vehicles of class 3, class 4, and class 5 to attract traffic flows from Hung Ha bridge..

In addition to class 1 and class 2 cars, the price remains the same at 34,000 dong and 49,000 dong, respectively, according to the proposal of Thai Ha Bridge BOT Joint Stock Company, the ticket price for class 3, 4 and 5 vehicles has dropped quite deeply. .

Specifically: For class 3 vehicles, it will be reduced from 74,000 VND to 55,000 VND. Class 4 vehicles reduced from 118,000 to 60,000 VND. Class 5 cars reduced from 177,000 VND to 70,000 VND.

Investment project to build Thai Ha bridge over the Red River on the road connecting the two provinces of Thai Binh and Ha Nam with Cau Gie – Ninh Binh expressway, phase I in the form of BOT contract with a total investment of more than 1,700 billion VND .

The project has an expected toll collection period of 16 years and 7 months, the official time is determined on the basis of the final settlement value and updated and adjusted on the basis of actual vehicle traffic data. loan interest, project maintenance costs.

Vu Diep