HCMC – Electronic toll collection (ETC) systems will be installed at all gates on the HCMC-Long Thanh-Dau Giay expressway and non-stop toll collection will begin no later than July 31.
Vietnam Expressway Corporation (VEC) on June 7 signed an agreement for a 64-month toll collection service package with the VETC Electronic Toll Collection Company, the local media reported.
Under the VND694 billion deal, VETC will complete installing ETC systems by July 31 for the HCMC-Long Thanh-Dau Giay expressway and three others managed by VEC – Cau Gie-Ninh Binh, Noi Bai-Lao Cai and Danang-Quang Ngai.
The four expressways have a total of 155 lanes for toll collection, and 140 of them will have ETC systems installed. The remaining 15 lanes on the Cau Gie-Ninh Binh expressway, which already have ETC systems, will be handed over to VETC for operation. Five years after the deal expires, VETC will hand over these systems to VEC.
It is necessary and urgent to replace manual collection with automatic collection on expressways, said VEC chairman Truong Viet Dong.
ETC is expected to facilitate vehicular traffic and prevent traffic congestion at toll collection stations during rush hours or holidays.
Until now, the expressways under VEC’s management have served over 297 million vehicles.
Expressway developers are speeding up the installation of ETC systems at their tollgates nationwide in line with the Government’s instructions.
At a meeting on May 17, Deputy Prime Minister Le Van Thanh said that after July 31, vehicles could pass the tollgates without having to pay a toll fee if there are no ETC systems there.