HCMC – An inter-agency appraisal council has sent a report to the prime minister on investment policy for an expressway connecting Tan Phu District, Dong Nai Province, and Bao Loc City, Lam Dong Province.
The council has submitted the pre-feasibility study for the project to the PM, seeking approval to build the Tan Phu-Bao Loc expressway under the public-private partnership format.
The expressway will have a total length of 66 kilometers, with 11 kilometers in Dong Nai and 55 kilometers in Lam Dong.
In the first phase, the expressway would have four lanes, with shoulder lanes to be located four to five kilometers apart.
The final phase would widen the road from 17 meters to 22 meters, thus increasing the number of lanes to six, with two of them for emergency stops.
The total investment of the first phase is estimated at VND17,200 billion, of which VND6,500 billion would be funded by the State budget and the balance by the private sector.
Work on the project would begin within this year and be completed in 2026.