Four BOT traffic projects to be completed by Q2

21-Feb-2019 Intellasia | The Saigon Times | 6:00 AM Print This Post

By the second quarter of this year, four major build-operate-transfer (BOT) traffic projects with a total cost of nearly VND5 trillion (US$215.4 million) will be completed, according to the Ministry of Transport.

The projects involve upgrading four sections of National Highway 60, upgrading National Highway 26 and National Highway 20 and building Binh Loi railway bridge and dredging the Saigon River section from Binh Loi Bridge in HCM City to Ben Suc Port in Binh Duong Province.

Of which, the project with the largest investment, at an estimated VND1.75 trillion, is to upgrade four sections of National Highway 60, which has a total length of 22.38 kilometers, stretching from the Rach Mieu to Co Chien bridges in the Mekong Delta.

Meanwhile, the project to upgrade National Highway 26, which is aimed at widening sections of the road that runs through the Khanh Hoa and Dak Lak provinces and building a new section in Ninh Hoa Town of Khanh Hoa Province, requires VND814 billion in funding.

The project to upgrade and expand National Highway 20, which connects Dau Giay in Dong Nai Province and Bao Loc City in the Central Highlands province of Lam Dong, includes subprojects to upgrade Dau Giay Intersection and build a 15-kilometer-long bypass around Bao Loc. An investment of nearly VND1.05 trillion has been approved for the project.

Further, the VND1.3 trillion project to build Binh Loi railway bridge and dredge the Saigon River section is expected to be completed by next quarter.


Category: Business, Vietnam

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