Bien Hoa-Vung Tau expressway to be built under public-private partnership format

Deputy Prime Minister Trinh Dinh Dung has just directed the construction of Bien Hoa – Vung Tau expressway under the format of public-private partnership.
Traffic jam regularly occurs in Highway 51, Ba Ria-Vung Tau province (Photo: SGGP)
Traffic jam regularly occurs in Highway 51, Ba Ria-Vung Tau province (Photo: SGGP)

Deputy PM Dung assigned the Ministry of Transport, people’s committees of Ba Ria – Vung Tau and Dong Nai as well as ministries of Planning and Investment, Finance, Justice to carry out the construction project under public-private partnership (PPP) according to regulation of public investment and public budget to ensure the feasibility of the project.

Ministries and related agencies must send reports to the Prime Minister in December.

More than VND8.2 trillion will be invested in buildding the first stretch of the expressway connecting Bien Hoa City of Dong Nai Province and Ba Ria-Vung Tau Province.

Traffic congestion in Highway 51 in Ba Ria – Vung Tau Province occurs more regularly causing difficulties for socioeconomic development; accordingly, Bien Hoa-Vung Tau expressway is expected to help improve traffic in the highway and facilitate cargo movement from Ho Chi Minh City, Dong Nai and Binh Duong to Cai Mep-Thi Vai port complex.

As per investment plan, the Bien Hoa-Vung Tau Expressway will have a total length of 46.8 kilometer, of which 31 km will be developed to link Phu My District to Vung Tau City with six lanes.