On November 6, the Ho Chi Minh City People's Committee announced a survey of investors' interest in component project 1 of the Ho Chi Minh City - Moc Bai Expressway (phase 1) under the public-private partnership (PPP) and build-operate-transfer (BOT) contracts.

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The Ho Chi Minh City - Moc Bai Expressway Phase 1 has a total investment of nearly 20,000 billion VND. Photo: Ho Chi Minh City Transport Department

The Ho Chi Minh City - Moc Bai Expressway Project (Phase 1) has 4 component projects. Of which, component project 1 is the construction of the expressway with a total investment of about 10,421 billion VND. Ho Chi Minh City invites investors to implement under the BOT contract, with investor capital of about 9,943 billion VND - accounting for 95.41%, state budget capital (Ho Chi Minh City budget) of about 478 billion VND - accounting for 4.59%.

The remaining 3 component projects are implemented under the public investment method, including: component project 2 is the construction of a residential road and an overpass across the highway with a total investment of about 2,422 billion VND; component projects 3 and 4 are related to compensation, support and resettlement, with the section through Ho Chi Minh City costing about 5,270 billion VND and the section through Tay Ninh costing about 1,504 billion VND.

Previously, last August, the Ho Chi Minh City - Moc Bai expressway project (phase 1) was approved by the Prime Minister for investment policy with a length of 51km.

The project has a scale of 4 lanes of expressway standards, speed of 120km/h, and at the same time builds works on the route, intelligent traffic system, toll collection system, rest stops...

The total estimated investment for phase 1 of the project is about 19,617 billion VND, with a toll collection period of 16 years and 9 months.

Prime Minister approves investment policy for Ho Chi Minh City - Moc Bai expressway worth over 19,600 billion VND

Prime Minister approves investment policy for Ho Chi Minh City - Moc Bai expressway worth over 19,600 billion VND

In phase 1, the Ho Chi Minh City - Moc Bai expressway, over 51km long, was invested with a scale of 4 lanes, with a total investment of over 19,600 billion VND, invested by the Ho Chi Minh City People's Committee.
Ho Chi Minh City - Moc Bai Expressway breaks the monopoly, creates a new route connecting to Tay Ninh

Ho Chi Minh City - Moc Bai Expressway breaks the monopoly, creates a new route connecting to Tay Ninh

The Ho Chi Minh City - Moc Bai Expressway will complete the traffic network of the Southern key economic region, break the monopoly, and create a new route connecting to Tay Ninh. Ho Chi Minh City proposed that the central government allocate 2,900 billion VND for compensation and site clearance.
Ho Chi Minh City - Moc Bai Expressway to be put into operation from 2025

Ho Chi Minh City - Moc Bai Expressway to be put into operation from 2025

The Ho Chi Minh City-Moc Bai Expressway will be completed and put into use in 2025 according to the agreement between Ho Chi Minh City and Tay Ninh province.