Increase of nearly 1,000 billion VND to invest in My Thuan - Can Tho expressway

PHẠM ĐÔNG |

The investment policy for the construction of the My Thuan - Can Tho expressway has been adjusted with a total project investment of more than VND 5,826 billion, an increase of nearly VND 1,000 billion.

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 1130/QD-TTg dated October 9, 2024 approving the adjustment of the investment policy for the construction investment project of My Thuan - Can Tho expressway, phase 1.

Approval of additional investment in a number of items, including:

Intersection with Vo Van Kiet extended road, in Vinh Long province: Designed as a split-merge intersection, the section of the intersection area has two roundabouts for U-turns and a bridge built on the level crossing over My Thuan - Can Tho expressway.

The system of residential roads along the route has a total length of about 9.7km, of which about 7.3km is through Dong Thap province and about 2.4km is through Vinh Long province; the scale of rural roads is type B according to TCVN 13080:2014, the roadbed width is 5m, the road surface width is 3.5m, the road surface structure is high-class A2.

Complete the remaining items of the intelligent transportation system (ITS) and the Center for route traffic management and operation.

The preliminary total investment of the project is 5,826.23 billion VND (an increase of nearly 1,000 billion VND compared to Decision No. 839/QD-TTg dated June 16, 2020, which is 4,827.32 billion VND).

Investment capital from the central budget. In which, in the period 2016-2020: the capital source of the medium-term public investment plan for the period 2016-2020 is 932 billion VND.

The 2021-2025 period is about 4,894.23 billion VND, of which: The medium-term public investment plan capital for the 2021-2025 period is about 4,320.42 billion VND; the source of increased central budget revenue in 2022 is 573.81 billion VND.

The decision clearly states that for the initially approved items, the entire main route will be completed in 2023, and the entire project (phase 1) will be completed in the second quarter of 2024.

For additional items at the intersection with the extended Vo Van Kiet road, residential access roads, and some items serving management and operation, implementation will continue from 2024 and be completed in 2025.

Other contents remain the same as Decision No. 839/QD-TTg dated June 16, 2020 of the Prime Minister.

PHẠM ĐÔNG
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