When fee collection resumes at Cai Lay tollgate still unknown

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

The Ministry of Transport and the Tien Giang government today, February 25, held a joint press conference on the long-suspended Cai Lay tollgate, but the toll resumption date for the tollgate remains undetermined.

Speaking at the news conference in the Mekong Delta province of Tien Giang, deputy minister of Transport Nguyen Nhat said that toll collection at the build-operate-transfer (BOT) Cai Lay tollgate had been suspended since December 2017 to allow the Ministry of Transport, the directorate for Roads of Vietnam, the Tien Giang government and other relevant agencies to review the project.

“After one year of reviewing the project, the chosen solution is to keep the location of the tollgate unchanged,” Nhat said.

Nhat, however, added that the date for resuming toll collection is still under discussion..

A report from the Ministry of Transport showed that the directorate for Roads of Vietnam had directed the investor to complete repair and maintenance activities, including a 12-kilometer bypass section around Cai Lay Town and an upgraded section of National Highway 1, spanning 26 kilometers across Tien Giang Province.

Besides this, Nhat had earlier assigned the Tien Giang Department of Transport to collaborate with the project investor to revise the number of vehicles that are subject to fee reduction or exemption.

Following the revision, the ministry approved a plan to expand the number of vehicles allowed to receive toll reductions or exemptions in eight communes near the tollgate and expected to reduce and exempt fees for 10 more communes and towns in the coming days.

In particular, vehicles with fewer than 12 seats, trucks weighing less than two tonnes and commuter buses will be offered a fee reduction from VND35,000 to VND15,000 per trip. Meanwhile, other kinds of vehicles will also enjoy discounts of 40 percent-60 percent against the original fees.

The time for capital recovery has been adjusted upward to 15 years and nine months.

The ministry also said that the BOT Cai Lay tollgate is expected to resume fee collection in March.

https://english.thesaigontimes.vn/66428/when-fee-collection-resumes-at-cai-lay-tollgate-still-unknown.html

 


Category: Business, Vietnam

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