Agree on selecting investors to build Bao Loc

According to the decision, the winning investor consortium includes: T&T Transport Infrastructure Development Investment Company Limited, Phuong Trang Group Investment Joint Stock Company (Futa Group), and Phuong Thanh Investment and Construction Joint Stock Company. The winning bid value is over VND 11,923 billion, the construction time of the project and infrastructure system is 30 months, and the business operation time lasts 19 years and 10 months.

The Bao Loc - Lien Khuong Expressway, when completed, will connect with the Lien Khuong - Prenn Expressway. Photo: DOAN KIEN

Previously, in March 2025, Lam Dong Provincial People's Committee approved the investment project to build Bao Loc - Lien Khuong Expressway (phase 1) with a length of 73.6km.

According to the design, Bao Loc – Lien Khuong Expressway Phase 1 has a 17m wide roadbed, including 4 lanes, emergency lanes every 4-5km, maximum speed 80km/h. In the completed phase, the expressway will have a 24.7m wide roadbed, 4 lanes, 2 emergency lanes, maximum speed 100km/h.

The starting point of the expressway is in Loc Phat ward, Bao Loc city, connecting with Tan Phu – Bao Loc expressway; the end point intersects with Lien Khuong – Prenn expressway in Hiep Thanh commune, Duc Trong district. The route is built parallel to National Highway 20, an average distance of 2-5km, to reduce the load on this national highway which is currently overloaded due to the high traffic volume from the southern provinces to Lam Dong.

According to plan, the project will be completed and put into use in the fourth quarter of 2027, expected to contribute to reducing traffic congestion, shortening travel time, and promoting socio -economic development in the Central Highlands region.

DOAN KIEN

Source: https://www.sggp.org.vn/thong-nhat-lua-chon-nha-dau-tu-xay-dung-cao-toc-bao-loc-lien-khuong-post800518.html