Pháp Vân-Cầu Giẽ Expressway - the southern gateway to Hà Nội. — VNA/VNS Photo

HÀ NỘI — Pháp Vân-Cầu Giẽ BOT (build-operate-transfer) Joint Stock Company has sent a proposal to the National Assembly’s Economic Committee to broaden the Pháp Vân-Cầu Giẽ Expressway from the current six lanes to eight or 10 lanes.

The project will be constructed under the BOT form.

Phạm Văn Khôi, General Director of the firm, said that according to the design, the six-lane road can handle a maximum flow of about 92,000 cars per day.

However, the actual traffic volume in 2020 reached more than 100,000 cars per day.

“If the road is not widened, traffic congestion on the expressway will continue to occur, especially during Tết holidays,” Khôi said.

However, he said, according to the current regulations for BOT-invested road projects, broadening the road was not consistent with Resolution 437/2017 of the National Assembly Standing Committee.

“Therefore, Pháp Vân-Cầu Giẽ BOT Joint Stock Company sends a proposal to the National Assembly's Economic Committee, that will report to the National Assembly Standing Committee for the adjustment and supplementation of the Resolution 437 to expand the scale of the expressway,” Khôi said.

If the proposal is approved, the company will implement the project over there to five years, according to Khôi.

"According to the initial calculation, the total investment for the expansion is about VNĐ5 trillion (US$216.55 million), including compensation for site clearance," said Khôi.

The VNĐ6.7 trillion-invested Pháp Vân-Cầu Giẽ Expressway is the southern gateway to Hà Nội and has a total length of about 29 kilometres. —VNS