On the afternoon of December 3, the National Assembly listened to the presentation and report on the appraisal of the investment policy for the Vinh - Thanh Thuy expressway construction investment project.
Presenting the submission, Deputy Prime Minister Bui Thanh Son said that the Hanoi - Vientiane expressway section is gradually taking shape, the section passing through Vietnam is about 370km long.
In particular, the section coinciding with the North - South expressway in the East has been directed by the Government to be invested in and put into operation in 2025, with a length of 310km; in addition, there is the Vinh - Thanh Thuy expressway section, with a length of 60km that has not been invested in.
In that context, the Party and the Government are determined to prioritize resources to invest in completing the Vinh - Thanh Thuy expressway section.
Regarding the scope and scale of investment, the project has a starting point intersecting with the North - South expressway in the East, Nghe An province; the end point connecting Thanh Thuy Border Gate Economic Zone (Nghe An). The total length is about 60km.
The project proposes investment with a scale of 4 lanes; deep excavation and embankment locations to invest in roadbed and bridges and tunnels on the route with a scale of 6 lanes; site clearance according to the planned scale of 6 lanes. Technical standards meet highway standards with a design speed of 80-100 km/h.
The investment form is public investment, with a preliminary total investment of VND 23,940.34 billion, using state budget capital allocated from increased central budget revenue in 2024; central budget and local budget for the period 2026-2030.
Regarding project implementation progress, 2025 is the stage of preparing for project investment, project implementation in 2026, completing the project to put it into operation and exploitation in 2029.
Based on research and review of specific mechanisms and policies, especially those decided by the National Assembly for a number of expressway projects, railway projects and the characteristics of the project, the Government proposes to allow the application of three mechanisms and policies: Appraisal of the feasibility of balancing capital for the project; on bidding; on solid construction waste dumps and soil layering of land specializing in rice cultivation.
Presenting the review report, Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai said that according to the road network planning for the period 2021-2030, with a vision to 2050, the Vinh - Thanh Thuy expressway is about 85km long, with a scale of 6 lanes.
However, in this phase, only 60km will be invested, with a scale of 4 lanes (the Cua Lo - Vinh section is about 25km and has not been invested); therefore, it is recommended to add and clarify.
The Committee also recommends carefully reviewing and selecting optimal route options, convenient connections with seaports, airports, industrial parks, tourism, logistics centers and investing in the construction of rest stops, smart transportation systems (ITS), intersections, auxiliary works, and synchronous works to ensure the synchronous investment efficiency of the project.
Basically approving investment in projects in the form of public investment, there are opinions suggesting studying investment in the form of public-private partnership (PPP), contributing to attracting and mobilizing social resources, reducing pressure on the state budget in the context of having to prioritize resources for many key projects in the 2025-2030 period.
The Government proposes 3 groups of specific mechanisms and policies for the project, accordingly, basically these specific mechanisms and policies have been allowed by the National Assembly to be applied to a number of important national projects in the past, so the Government's proposal is well-founded, said Chairman Phan Van Mai.
