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Tuesday, June 25, 2024

VND5.7 trillion proposed for Cho Moi-Bac Kan Expressway

By T.Huy

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HCMC – The Ministry of Transport has written to the Prime Minister seeking approval for the Cho Moi-Bac Kan Expressway project in northern Vietnam with a total investment of VND5,750 billion.

The expressway is planned to be around 28.8 kilometers long and 22 meters wide. It will start from the Thai Nguyen-Cho Moi Expressway in Cho Moi District and connect to National Highway 3B, linking to the Bac Kan-Ba Be Lake Expressway in Bac Kan City.

The expressway will have four traffic lanes, designed with a speed of 80 kilometers per hour, while some sections will allow for a speed of 100 kilometers per hour.

The total investment for the project is divided into different components, including over VND4.1 trillion for construction costs, over VND400 billion for consulting and project management, VND490 billion for site clearance, and VND700 billion for contingency.

Due to the relatively low traffic volume in the region, the Ministry of Transport has proposed that the project be funded through the State budget rather than the public-private partnership (PPP).

The site clearance and resettlement progress is planned for the period of 2023-2024, with construction scheduled to begin in 2024 and completion targeted for 2026.

Once completed, the Cho Moi-Bac Kan Expressway will enhance the transportation network in the northern region, complementing the existing Hanoi-Thai Nguyen and Thai Nguyen-Cho Moi expressways.

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