DRVN tell investors to move Tân Đệ toll station before January 28

January 15, 2019 - 17:20

The Directorate for Roads of Việt Nam (DRVN) has urged the investor of Tân Đệ Build-Operate-Transfer (BOT) toll station in northern Thái Bình Province to remove the station before January 28.

Tân Đệ BOT toll station will be moved to the Đông Hưng Bypass before January 28. - Photo dantri.com.vn
Viet Nam News

HÀ NỘI — The Directorate for Roads of Việt Nam (DRVN) has urged the investor of Tân Đệ Build-Operate-Transfer (BOT) toll station in northern Thái Bình Province to remove the station before January 28.

The DRVN has asked Tasco Joint Stock Company and Tasco 6 One Member Co Ltd to quickly make plans to move Tân Đệ toll station to the Đông Hưng Bypass.

The investors were told to complete the dismantling of toll booths, ticket sale kiosks and lane dividers before January 22, and repair the road surface before January 28.

The plans must be reported to the Ministry of Transport.

On November 27, the DRVN and the provincial Department of Transport conducted a survey to select a new location for the toll station on the Đông Hưng Bypass.

The toll station will be installed in the middle of the bypass in Đông La Commune.

The investor will take full advantage of the clearance area to build a tollgate. Land clearance was expected to be about 2,500 square metres. The total investment will be more than VNĐ27 billion (US$1.1 million).

In 2014, the stretch of National Highway No10 passing through the town of Đông Hưng in northern Thái Bình Province was overloaded. The provincial authority called for investment in the Đông Hưng Bypass under the BOT model.

The building of the bypass was part of the project to improve and upgrade the highway running from La Uyên Bridge to Tân Đệ Bridge. It was implemented by Tasco Joint Stock Company. Tân Đệ Toll Station was built to recover the investment for both projects.

The payback period was adjusted from 21 years and three months to 11 years and nine months. This extends the deadline for toll collection until January 2021. However, many people have opposed paying for the toll station twice.

The BOT toll station has not been charging vehicles for months. — VNS

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