Ho Chi Minh City People's Committee has just issued a decision to establish the Appraisal Council for the Report proposing investment policies for the project to build a sea crossing connecting the Can Gio area with Ba Ria - Vung Tau (formerly), implemented under the public-private partnership (PPP) method.
The appraisal council consists of 11 members who are leaders of relevant departments and branches and representatives of local authorities where the project passes through. Mr. Hoang Vu Thanh - Acting Director of the Department of Finance was assigned to be Chairman of the Council.
According to the decision, the Council has the task of appraising the Project Investment Policy Proposal Report according to regulations; specifically evaluating each content, clearly stating opinions, recommendations and proposing handling plans for issues that still have different opinions or need to be supplemented and completed.
The Department of Finance is the Standing Agency of the Council, responsible for summarizing and coordinating the organization of appraisal activities in accordance with regulations. The members of the Council work under a part-time regime, using the apparatus and personnel of their agencies and units to perform tasks.
The Can Gio - Vung Tau sea crossing project has recently been approved for investment by the Executive Committee of the Ho Chi Minh City Party Committee, and at the same time approved the adjustment of related planning, as a basis for implementation.
According to the proposal, the entire route is more than 14 km long, including about 3.1 km of tunnels, nearly 8 km of bridges and about 3 km of access roads. The preliminary total investment is about 104,410 billion VND, including loan interest costs.
The investor proposes to implement the project according to the BT contract (build - transfer), self-allocate all capital sources, including site clearance costs, without using the state budget. In return, the State will pay with a land fund of equivalent value to the project.
The starting point of the project is on Bien Dong 2 road, belonging to Can Gio sea encroachment urban area; the ending point connects with the Mai Sao - Ben Dinh planned road, intersecting with 30/4 road in Vung Tau.
The project is proposed to start construction in June 2026, be completed and put into operation in the second quarter of 2029.
Previously, at the 3rd Conference of the Executive Committee of the Ho Chi Minh City Party Committee for the term 2025 - 2030, Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang said that after the merger, the connection from the center of Ho Chi Minh City to the Ba Ria - Vung Tau area currently mainly depends on the Long Thanh - Dau Giay expressway, this route is often congested, the distance is long and it is difficult to be proactive in travel time.
The distance from Can Gio to Bai Truoc and Bai Sau areas is only about 13 - 14 km. On that basis, Ho Chi Minh City has agreed with the strategic investor to the idea of building a 6-lane overseas road, starting from Can Gio Sea Encroachment Urban Area.
The preliminary plan includes a sea bridge section combined with an underground tunnel through the navigation area, applying technology similar to the Thu Thiem tunnel instead of the bridge construction plan with a height of about 60 m.
The project is expected to be constructed in about 3 years. When completed, the travel time by car from the center of Ho Chi Minh City to Vung Tau will be shortened to about 60 - 70 minutes.
Ho Chi Minh City will synchronously invest in Can Gio infrastructure, including expanding Rung Sac road, building Can Gio bridge and completing related connecting routes.
