A road on Bảo Lộc Hill in Lâm Đồng Province. The Tân Phú - Bảo Lộc highway project connecting Đồng Nai and Lâm Đồng provinces will be overseen by the Lâm Đồng People’s Committee. Photo: tuoitre.vn
LÂM ĐỒNG -- The Tân Phú - Bảo Lộc Highway plan, which connects Đồng Nai and Lâm Đồng provinces, will be carried out by Lâm Đồng People’s Committee, as approved by Prime Minister Nguyễn Xuân Phúc.
The project runs under the PPP (public-private partnership) model. The PM also agreed that the provincial People’s Committee will take responsibility to monitor the investment process of the project.
The highway, 67 kilometres long with four lanes, is part of the Dầu Giây - Liên Khương Highway, which links Đồng Nai to Lâm Đồng and is now under construction.
The total investment is around VNĐ18.2 trillion (US$789.75 million), which consists of funds from private investors and the state budget.
The project is part of Việt Nam’s infrastructure development plan in the 2020-30 period.
When construction is completed, the highway will help facilitate the development of Central Highlands provinces and reduce traffic congestion on Bảo Lộc Hill where sharp turns and landslides, especially during the rainy season, exist. VNS