HCMC-Thu Dau Mot- Chon Thanh expressway investment approximates US$1 billion

Leaders of Binh Duong and Binh Phuoc provinces yesterday signed a memorandum of understanding (MoU) about cooperation in transport infrastructure connection, including the expressway project of Ho Chi Minh City - Thu Dau Mot - Chon Thanh.
(Illustrative photo:SGGP)
(Illustrative photo:SGGP)

According to the Prime Minister’s approval, the 69-kilometer expressway project running from Binh Phuoc intersection in HCMC to Chon Thanh District in Binh Phuoc Province has total investment capital of about VND24,150 billion (US$1 billion).

Of which, there is a 28-kilometer overhead section, a 32-kilometer undergrounding section with a design of 10 flyovers and 6-8 lanes for vehicles through Binh Duong Province. 

As for the section through Binh Phuoc Province, the expressway is designed to have six lanes for vehicles to synchronize with Dak Nong-Chon Thanh expressway. 

By the end of 2020, there are about 50 Binh Duong investors’ projects in Binh Duong Province with a total registered capital of about VND2,900 billion (US$ 126 million), including many key projects such as the project of Becamex - Binh Phuoc industrial and urban complex, Dong Phu Industrial Park and Dong Phu Residential Area Project, Hoa Lu Center Shopping Mall Project and Hoa Lu international inland container depot, etc.