HCMC – Vietnam Expressway Corporation (VEC) will choose electronic toll collection (ETC) service providers for its expressway projects next quarter, according to the Ministry of Transport.
The ministry has reported to the prime minister the progress of developing ETC systems on expressways managed by VEC, news site Vietnamplus reported.
VEC is managing and operating five expressways, comprising Cau Gie-Ninh Binh, Noi Bai-Lao Cai, Danang-Quang Ngai, Ben Luc-Long Thanh and HCMC-Long Thanh-Dau Giay.
Of them, only the non-stop ETC system on the Cau Gie-Ninh Binh Expressway has been put into operation since June 10, 2020. The service has yet to be launched on the rest.
Based on the number of lanes on expressways and the volume of vehicles passing through tollgates, VEC will develop 140 ETC lanes.
As for capital for the ETC systems, the Ministry of Transport has received the prime minister’s approval to use the costs for the current toll management.
VEC affirmed that it had drawn up a plan to hire ETC service providers and completed bidding procedures to choose eligible ones.
VEC will apply the process of hiring IT service providers to install non-stop ETC systems, using regular expenditure from the State budget. With this solution, the non-stop ETC system installation will be within the jurisdiction of VEC, thus accelerating the progress of the job.