|Overview of the Biên Hoà-Vũng Tàu Expressway project. The expressway will ease congestion and speed up travel between Đồng Nai, Bà Rịa - Vũng Tàu, HCM City and the southern key economic zone.|
HCM CITY – The first phase of the Biên Hòa- Vũng Tàu expressway project has been approved by Deputy Prime Minister Lê Văn Thành.
The first phase includes work on 53.7 km that will run through the southern provinces of Đồng Nai and Bà Rịa-Vũng Tàu, and run parallel to National Highway 51.
The total investment of the project is VNĐ18.8 trillion (US$822 million). The project will be built under the public-private partnership (PPP) model.
The expressway will play an important role in connecting major economic and urban centres.
The project is expected to ease congestion on National Highway 51, and speed up travel between Đồng Nai, Bà Rịa - Vũng Tàu and HCM City.
It will add to traffic infrastructure needed for the future Long Thành international airport and for industrial development.
Minister of Transport Nguyễn Văn Thể said the Ministry of Transport would strive to complete the project by 2025 to connect the Long Thành International Airport with the Cái Mép-Thị Vải port area in Bà Rịa-Vũng Tàu.
Việt Nam aims to develop additional 4,000km of expressways by 2030. Amid state budget constraints, domestic private and international investments are vital. VNS