CAN THO – The first phase of the Trung Luong-My Thuan Expressway project, which was developed under the build-operate-transfer contract by BOT Trung Luong-My Thuan JSC, was opened to traffic today, December 28.
Findings from the Saigon Times showed that vehicles were allowed to travel on one side of the road on Sunday, December 27, which were en route from Trung Luong to My Thuan.
The 51-kilometer-long road, which connects the HCMC-Trung Luong Expressway and the My Thuan 2 Bridge project, resumed construction on April 13 last year.
The project’s total investment post adjustment was VND12.688 trillion, with at least VND3.4 trillion coming from the investor, nearly VND2.2 trillion from the Government and some VND6.7 trillion from bank loans.
The road in the first phase has four lanes, with each measuring 3.5 meters wide. A report of the BOT Trung Luong-My Thuan Company indicated that 73% of the project had been completed as of this November.
Also, by last month, over VND7.2 trillion had been disbursed for the project, with more than VND3 trillion disbursed by the investor, over VND2.3 trillion by banks and some VND1.7 trillion by the Government.
As of last month, 34 of the 36 construction packages of the project had been implemented. The remaining two, which are a toll collection station and an intelligent transportation system, will be executed based on the progress of the project.
Below are some photos of the expressway project that the Saigon Times reporter took on December 27.
By Trung Chanh
