The Government Office has just issued Official Letter No. 1216/VPCP-CN to localities and relevant ministries, conveying the Prime Minister's direction on implementing the Ho Chi Minh City - Trung Luong - My Thuan Expressway Expansion Project under the PPP method.
According to the above Official Dispatch, the Prime Minister agreed with the proposal and recommendation of the Ministry of Transport on assigning the Ministry of Transport as the competent authority to implement the project, along with relevant ministries, branches and localities to urgently start the project in the second quarter of 2025.
The Ho Chi Minh City - Trung Luong - My Thuan Expressway belongs to the eastern North - South Expressway, with a length of more than 90km. Of which, the Ho Chi Minh City - Trung Luong section was completed and put into use in 2010 with a length of 40km and a scale of 4 lanes. The Trung Luong - My Thuan section will be completed and put into operation in 2022 with a length of 51km and a scale of 4 lanes.
Due to the inability to balance the budget capital to invest in expanding the route, the Ministry of Transport coordinated with localities to propose PPP options for the entire route. Accordingly, the Ho Chi Minh City - Trung Luong section will be expanded from 4 lanes to 8 lanes, Trung Luong - My Thuan from 4 limited lanes to 6 lanes.
In the pre-feasibility study report, the Deo Ca - CII - Tasco consortium proposed dividing this project into 2 component projects.
Component project 1 will invest in expanding the Ho Chi Minh City - Trung Luong - My Thuan expressway under the PPP method, including expanding the Ho Chi Minh City - Trung Luong expressway section to 8 lanes and 2 emergency lanes; expanding the Trung Luong - My Thuan expressway section (including the My Thuan 2 bridge expressway section) to 6 lanes and 2 emergency lanes. The total investment is 42,063 billion VND.
Component project 2 focuses on site clearance for the 10 - 12-lane completion phase of the Ho Chi Minh City - Trung Luong expressway section under the public investment method with a total investment of VND6,968 billion.
