The signing ceremony was attended by Mr. Ho Van Muoi, Chairman of Lam Dong Provincial People's Committee; representatives of the leaders of Lam Dong Provincial People's Council, People's Committee, Vietnam Fatherland Front Committee and departments and branches of the province.
On the investor's side, there were Mr. Nguyen Viet Hai, Chairman of the Board of Members of Son Hai Group Company Limited; representative of the Tan Phu - Bao Loc Expressway Investment Project Enterprise.
The signing of the BOT contract for the Tan Phu - Bao Loc Expressway Project is carried out in accordance with Document No. 8902/UBND-XDCT dated December 10, 2025 of the Lam Dong Provincial People's Committee, marking an important implementation step in the process of investing in the construction of the expressway connecting Lam Dong province with the key economic region in the South.
The project has been approved by the Prime Minister in Decision No. 1386/QD-TTg dated November 10, 2022; Lam Dong Provincial People's Committee approved the project in Decision No. 1189/QD-UBND dated June 5, 2025 and adjusted and supplemented in Decision No. 1814/QD-UBND dated October 23, 2025.
Accordingly, the Tan Phu - Bao Loc Expressway Project is a Group A project, a level I road traffic project, with a total length of about 65.88km.
Of which, the section through Dong Nai province is about 11.91km long, the section through Lam Dong province is about 53.97km long.
The starting point of the project is at Km59+798.33, coinciding with the end point of the Dau Giay - Tan Phu expressway, in Phu Trung commune, Tan Phu district (now Phu Lam commune), Dong Nai province; the end point is at Km125+675, through the intersection with Nguyen Van Cu street, in Ward 1 Bao Loc, Lam Dong.
The total investment for the phased phase of the project is about VND18,002 billion. Of which, the participating State budget capital is VND6,500 billion, accounting for 36.11% of the total investment, including VND2,000 billion from the central budget and VND4,500 billion from the local budget.
The capital realized by the investor is about 11,502 billion VND, accounting for 63.89% of the total investment, including 1,725 billion VND of equity and 9,777 billion VND of mobilized capital.
The project's toll collection and capital recovery period is expected to be 23 years and 9 months. The project is being implemented in the two provinces of Dong Nai and Lam Dong, with investment preparation and implementation time from 2022 to 2027, expected to be completed and put into operation in the fourth quarter of 2027.
When completed, the Tan Phu - Bao Loc Expressway will contribute to meeting the increasing demand for travel and freight transportation; create momentum to promote socio-economic development, strengthen regional linkages; and at the same time ensure national defense and security for Lam Dong province and the Central Highlands region.
