The expressway section has been co-financed by the Government of Japan which had extended an ODA loan of JPY60,136 million and the Asian Development Bank (ADB).
The 55-km expressway (with 4 lanes, the design speed of 120 km/h) from An Phu Intersection in Ho Chi Minh city to Dau Giay Intersection in Dong Nai province, in which the Japanese ODA loan covered the first 23.9-km, is expected to cut short the distance from Ho Chi Minh city to Vung Tau from 120 km to 95 km and reduce the travel time from two hour and thirty minutes to only one hour and twenty minutes.
Speaking at the opening ceremony, Prime Minister Nguyen Tan Dung hailed efforts by the Ministry of Transport and the Vietnam Expressway Corporation (VEC) for completing the project a year ahead of schedule.
The road will contribute significantly to local socio-economic development, said the Prime Minister, urging Ho Chi Minh City and Dong Nai authorities to rapidly design a development agenda focusing on job generation for households who gave up their land for the expressway’s construction. He asked the VEC to work with local authorities to ensure smooth operations and maintenance of the expressway.
The Ministry of Transport will accelerate transport infrastructure development, particularly the expansion and improvement of National Highway 1A from northern Lang Son province to the southernmost province of Ca Mau in 2015, and generate resources for building and fine-tuning the Vietnamese highway system.
The expressway also meets the growing demand for transportation via highway 1 and highway 51 in the direction of Vung Tau, improving the efficiency of the distribution of goods and easing traffic congestion, as well as contributing to the economic growth and international competitiveness of Ho Chi Minh city and the Southern Vietnam.
Under the project, the Intelligent Transportation System will be installed to apply Japanese advanced technology in traffic management and toll collection and enable various users to enjoy a safer and “smarter” use of expressway network.
According to VEC, the lowest charge is 2,000 VND/km for the vehicles under 12 seats, trucks under 2 tones; 40,000 VND/turn for buses; 60,000 VND/turn for the vehicles of from 12 to 30 seats and trucks of from 2 to 4 tones; and 80,000 VND/turn for the vehicles of over 31 seats and the trucks of from 4 -10 tones.
The project has been recognized as an important cooperation project between Japan and Vietnam, which contributes to strengthen Japan-Vietnam strategic partnership./.
The 55-km expressway (with 4 lanes, the design speed of 120 km/h) from An Phu Intersection in Ho Chi Minh city to Dau Giay Intersection in Dong Nai province, in which the Japanese ODA loan covered the first 23.9-km, is expected to cut short the distance from Ho Chi Minh city to Vung Tau from 120 km to 95 km and reduce the travel time from two hour and thirty minutes to only one hour and twenty minutes.
Speaking at the opening ceremony, Prime Minister Nguyen Tan Dung hailed efforts by the Ministry of Transport and the Vietnam Expressway Corporation (VEC) for completing the project a year ahead of schedule.
The road will contribute significantly to local socio-economic development, said the Prime Minister, urging Ho Chi Minh City and Dong Nai authorities to rapidly design a development agenda focusing on job generation for households who gave up their land for the expressway’s construction. He asked the VEC to work with local authorities to ensure smooth operations and maintenance of the expressway.
The Ministry of Transport will accelerate transport infrastructure development, particularly the expansion and improvement of National Highway 1A from northern Lang Son province to the southernmost province of Ca Mau in 2015, and generate resources for building and fine-tuning the Vietnamese highway system.
The expressway also meets the growing demand for transportation via highway 1 and highway 51 in the direction of Vung Tau, improving the efficiency of the distribution of goods and easing traffic congestion, as well as contributing to the economic growth and international competitiveness of Ho Chi Minh city and the Southern Vietnam.
Under the project, the Intelligent Transportation System will be installed to apply Japanese advanced technology in traffic management and toll collection and enable various users to enjoy a safer and “smarter” use of expressway network.
According to VEC, the lowest charge is 2,000 VND/km for the vehicles under 12 seats, trucks under 2 tones; 40,000 VND/turn for buses; 60,000 VND/turn for the vehicles of from 12 to 30 seats and trucks of from 2 to 4 tones; and 80,000 VND/turn for the vehicles of over 31 seats and the trucks of from 4 -10 tones.
The project has been recognized as an important cooperation project between Japan and Vietnam, which contributes to strengthen Japan-Vietnam strategic partnership./.
Source: dangcongsan.vn
