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VietNamNews

Leaders discuss southern highway

Update: April, 11/2012 - 17:24

DONG NAI – Ministry of Construction officials and leaders of southern Dong Nai Province met yesterday to discuss construction of the proposed VND22 trillion (more than US$1 billion) Bien Hoa-Vung Tau Highway.

Under the project proposal, the highway is planned to connect neighbouring Dong Nai and Ba Ria-Vung Tau provinces with a total length of 68km in the south of Viet Nam as well as National Highway 1A and National Highway 51.

The section from Bien Hoa City in Dong Nai Province to Phu My District in Ba Ria-Vung Tau Province will include 6 lanes while the section connecting Phu My with Cai Mep-Thi Vai International Port will have 4 lanes. Both sections will have a 120km per hour speed limit.

The highway would be key in the nation's economic development, transporting goods for the five major seaports and dozens of industrial zones and complexes in the region, said Dong Nai Province People Committee's deputy chairman Tran Van Vinh.

It would be an additional traffic hub for routes including the Long Thanh-Dau Giay Highway, Thu Thiem Railway, Long Thanh International Airport and National Highway 51, he added.

As planned, the highway will connect 25 communes in 7 cities as well as districts in the provinces of Dong Nai and Ba Ria-Vung Tau.

According to the project proposal, the highway will be overseen by the Bien Hoa-Vung Tau Express Development Company in a BOT (Build, Operation and Transfer) manner.

Its investors iclude Viet Nam Urban and Industrial Zone Development Corporation (IDICO), Song Da Corporation and the Bank for Investment and Development of Vietnam (BIDV).– VNS

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