The total investment will be about VND19.6 trillion (US$862.7 million). Around VND6.6 trillion will come from the State’s budget to cover land clearance compensation and relocation.
The expressway is expected to ease congestion on National Highway 51. It will be around 53.7 kilometres long, connecting Dong Nai and Ba Ria – Vung Tau.
It will have a speed limit of no more than 100 kilometres per hour, and be built under the public-private partnership (PPP) model and Build – Operate – Transfer model.
It will run parallel to National Highway 51 and cut through the HCM City - Long Thanh – Dau Giay expressway and Ben Luc - Long Thanh expressway.
The first phase of the project will include four lanes, except for the segment between the two intersections between the expressway and HCM City - Long Thanh – Dau Giay and Ben Luc - Long Thanh, which will have six lanes instead.
Investment and construction will be carried out from 2021 to 2026.
The project will add to traffic infrastructure needed to fully utilise Cai Mep – Thi Vai Port and the future Long Thanh international airport.
The Ministry of Transport, which is in charge of the project, plans to survey potential investors and work with other authorities on the project’s feasibility study. It targets choosing an investor by the end of 2022.
Vietnam aims to develop additional 4,000km of expressways by 2030.
