On August 2, the Prime Minister approved the investment policy to build the Ho Chi Minh City - Moc Bai expressway project (phase 1), according to the public-private partnership (PPP) method, BOT contract (build - operate - transfer).
Ho Chi Minh City - Moc Bai Expressway has its starting point intersecting with Ring Road 3 of Ho Chi Minh City, passing through Cu Chi district (HCMC), and its ending point connects to National Highway 22 in Ben Cau district (Tay Ninh province).
The entire route is about 51km long, of which the section passing through Ho Chi Minh City is 24.6km long, the remaining part is in Tay Ninh territory.
The expressway project will be cleared once with a complete scale of 6 lanes, with a total recovery area of more than 409 hectares.
The entire route is built with 4 lanes, 25.5 m wide, with a design speed of 120km/h.
The total investment of Ho Chi Minh City - Moc Bai expressway phase 1 is 19,617 billion VND, implemented in the period of 2024 - 2027.
The project is divided into 4 component projects. Component project 1 invests in highway construction under a BOT contract with a total investment of nearly 10,000 billion VND.
The remaining three component projects carry out public investment. Of which, component 2 project to build a public access road and an overpass across the highway is about 2,422 billion VND.
Project component 3 will compensate, support, and resettlement the section through Ho Chi Minh City about VND 5,270 billion.
Project component 4 compensation, support, and resettlement through Tay Ninh province is about 1,504 billion VND.
Ho Chi Minh City - Moc Bai Expressway, when completed in 2027, will help reduce the load on National Highway 22, synchronize belt roads with high capacity, traffic safety and high speed on the Ho Chi Minh City - Tay Ninh transport corridor. From there, develop the industrial - urban chain of Moc Bai - Ho Chi Minh City - Cai Mep - Thi Vai Port associated with the Trans-Asia economic corridor, promoting socio-economic development of Ho Chi Minh City and Tay Ninh in particular and the provinces Southeast region in general.
In addition, the Ho Chi Minh City - Moc Bai expressway also creates motivation to connect and promote cooperation and development of the Southeast region with the Mekong Delta, Central Highlands and South Central regions.
