NH No.45 – Nghi Son Expressway Project to save US$34.5 million

Under the public investment form, the Nghi Son section of National Highway 45 under the Eastern Cluster of the North-South Expressway Project will have a total investment capital of around VND5,534 billion (US$239 million), saving around VND800 billion (US$34.5 million) compared with the Public–private partnership (PPP) form as the investor shall not pay the interest loan.
(Illustrative photo:VNA)
(Illustrative photo:VNA)

Of which, the construction and equipment costs are VND3,193 billion (US$138 million), the site clearance and resettlement would cost around VND1,494 billion (US$64.4 million) and VND328 billion (US$14 million) is extended for the management, consultant and other relevant costs.

Accordingly, the Ministry of Transport has just decided to adjust the feasibility report of the sub-project after the National Assembly Standing Committee approved the public investment form.

The project is expected to be put into operation in 2023.

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