Ho Chi Minh City plans to break ground in April on Sub-project 1 of the HCM City–Moc Bai Expressway after selecting an investor for the project’s main component under a public–private partnership (PPP) model, according to the city’s Project Management Board for Investment and Construction of Transport Works.
The main section of the expressway will be implemented under a build–operate–transfer (BOT) contract and is currently in the investor selection phase.
The expressway will stretch 51 kilometres, including 24.7km passing through Ho Chi Minh City and 26.3km in southern Tay Ninh province. The route will connect Ring Road No. 3 in HCM City with National Highway 22 in Tay Ninh.
Moc Bai (Tay Ninh) is a border gate between Vietnam and Cambodia.
In its initial phase, the expressway will feature four lanes with a maximum design speed of 120 kilometres per hour.
Total investment for the project is estimated at more than VND19.6 trillion (US$749 million), of which VND9.674 trillion will come from the State budget, with the remainder to be mobilised by the investor.
The project is divided into four sub-projects. Sub-project 1 covers construction of the expressway under the BOT contract. Sub-project 2 involves the development of frontage roads and overpasses. Sub-projects 3 and 4 focus on land clearance, compensation and resettlement in Ho Chi Minh City and Tay Ninh province.
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