Tuesday, October 25 2016


$276m Mỹ Thuận – Cần Thơ Expressway awaits go ahead

Update: August, 18/2016 - 09:00

HCM City – A Ministry of Transport unit, The Thăng Long Project Management Board, has asked the ministry to examine its feasibility study for the Mỹ Thuận-Cần Thơ Expressway’s first phase.

The 23.5-km expressway will be built by a public-private-partnership in build-operate-transfer mode.

It will have four lanes and a width of 17m, and pass through two Mekong Delta provinces, Đồng Tháp and Vĩnh Long.

The expressway is expected to cost VNĐ6.15 trillion (US$276 million) including land acquisition.

To recoup the investment, Thăng Long is seeking the right to collect toll of VNĐ1,500 (0.07 cent) per kilometre on the expressway for 20 years and six months and on the HCM City-Trung Lương Expressway or four years and 11 months starting in 2030.

If approved, construction will begin this year and be finished by mid-2019. -- VNS

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