PPP investment proposed for southern expressway
Binh Duong province proposes building a 45-km section of the HCMC - Chon Thanh Expressway under the PPP model.
The Binh Duong Provincial People’s Committee in Vietnam’s southern region has proposed that the government invest in building a 45-km section of the Ho Chi Minh City - Chon Thanh Expressway project under the public-private partnership (PPP) model.
The 70-km expressway will link Ho Chi Minh City and southern Binh Duong province with central highlands’ localities.
The project has two sub-projects, including the Ho Chi Minh City - Thu Dau Mot, Binh Duong province, section and the Thu Dau Mot - Chon Thanh, Binh Phuoc province, section.
Binh Duong province has proposed the government carry out the section passing through the province in the forms of both public investment and PPP with estimated capital of VND16.1 trillion ($679 million). Capital for site clearance, estimated at over VND7.3 trillion ($308 million), will be mobilized from the State budget, and the remaining capital will be used to build the section under the PPP model.
