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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Friday, April 4, 2025

Private sector shows interest in HCMC-Tay Ninh road expansion

The Saigon Times

Must read

HCMC – Several investors have expressed keen interest in a project of expanding National Highway 22, which connects HCMC and Tay Ninh Province.

Among the interested parties are a conglomerate comprising three construction companies— Vietnam Construction 168, Dac Dao Construction JVC, and Dong Thuan Ha Co. Ltd; Trung Nam Corporation, and Construction Investment Corporation 194.

The HCMC Department of Transport has disclosed that the selection process for the project’s contractor is set to commence in the third quarter of the upcoming year through a bidding invitation.

The expansion project, covering a 9.1-kilometer road section from An Duong intersection to Beltway No. 3, requires an investment of VND7,173 billion. This is one of the five build-operate-transfer (BOT) projects benefiting from special mechanisms under the National Assembly’s Resolution 98.

National Highway 22 is a crucial link between HCMC, Moc Bai International Border Gate, and Cambodia. However, frequent traffic congestion has plagued the route in recent years due to its narrow design and the substantial volume of vehicles traversing it.

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