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Tuesday, June 25, 2024

PPP sought for National Highway 15D project

By Nguyen Tan

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HCMC – Authorities are seeking public-private partnership (PPP) investors for National Highway 15D, which connects My Thuy seaport and the La Lay international border gate in the north-central province of Quang Tri.

As per the Ministry of Transport’s plan, the highway is a vital component of the national road system and stretches 78 kilometers with two lanes for vehicles. The project aims to enhance connectivity and transportation efficiency in the region.

Currently, three sections of National Highway 15D, from Ho Chi Minh Road to La Lay, from My Thuy to National Highway 1, and a section that overlaps the Ho Chi Minh Road, have been developed in accordance with the approved plan.

Previously, the Ministry of Transport proposed a project to build a road linking My Thuy seaport and the La Lay international border gate, with an estimated cost of VND1,387 billion, set for completion after five years.

The route is strategically positioned to connect with key national vertical axes, such as National Highway 1, Ho Chi Minh Road, and the eastern North-South Expressway. It will also establish a vital link with Laos’ National Highway 15B and road traffic networks in Thailand and Myanmar, forming an essential axis within the East-West economic corridor.

Currently, there is a growing demand for transporting coal from Laos to the La Lay international border gate for export, with an estimated annual volume ranging from 20 to 30 million tons. On average, around 300 to 350 trucks are expected to traverse this road section daily.

To meet the escalating transportation needs and foster trade between the North Central and coastal Central regions with Southern Laos and Eastern Thailand, authorities have underscored the importance of investing in National Highway 15D.

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