Politburo Member, National Assembly Chairman Tran Thanh Man signed and promulgated a Resolution on the investment policy for the Vinh - Thanh Thuy expressway construction investment project.
The goal is to build a modern and synchronous East-West transport route to meet transportation needs, create motivation and new development space. At the same time, connect with the North-South expressway in the East, Ho Chi Minh Road; improve competitiveness, create motivation for socio-economic development in regions, inter-regions and internationally.
At the same time, contributing to ensuring national defense and security; gradually successfully implementing socio-economic development goals and strategies according to the Party's Resolution.
The project applies advanced and modern technologies, ensuring safety, synchronization, quality and efficiency requirements. Encouraging the application of high technology in construction organization, adapting to climate change. Implementing non-stop electronic toll collection in exploitation and operation.
The project is invested about 60km in Nghe An province, in the form of public investment, divided into 10 component projects; the phased scale of each component project is determined in the Appendix attached to this Resolution.
The Resolution also clearly states the preliminary total investment of the Project of about 23,940.34 billion VND. State budget capital is allocated from the central budget revenue increase source in 2024; central budget and local budget for the period 2026 - 2030.
Regarding the project implementation progress in 2026, completing the project and putting it into operation and exploitation in 2029.
