BOT project on National Highway No.30 will not collect road tolls

23-Oct-2019 Intellasia | The Saigon Times | 6:02 AM Print This Post

Work on a project to upgrade the Cao Lanh-Hong Ngu section of National Highway No.30 in Dong Thap Province began on October 19. Vehicles will not have to pay toll fees for travelling on this road when it is put into use.

The upgrade project, whose investor is the provincial Department of Transport, is being rolled out under the build-operate-transfer (BOT) model.

It requires VND800 billion in investment, tapping the backup source for the country’s mid-term public investment plan being approved by the National Assembly, Tran Tri Quang, director of the provincial transport department, told the Saigon Times on the same day.

With the use of the State budget, the investor will not set up a BOT station on the road to collect toll fees from vehicles, Quang said.

The 40-kilometer-long road project stretches from the Phong My Bridge in Cao Lanh District to Hong Ngu by-pass in Hong Ngu Town.

The upgrade, scheduled for completion in late 2020, will allow vehicles to travel at a maximum speed of 60 kilometers per hour in urban areas and up to 80 kilometers in non-urban areas, according to the official.

National Highway No.30 is reportedly a crucial road in this Mekong Delta province, with one end connecting with the Trung Luong-My Thuan Expressway, which is under construction, and the other linking to the Dinh Ba international border gate, bordering Cambodia.

https://english.thesaigontimes.vn/72189/bot-project-on-national-highway-no30-will-not-collect-road-tolls.html

 


Category: Business, Vietnam

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