Prime Minister Pham Minh Chinh surveys the construction site of the Ho Chi Minh City – Thu Dau Mot – Chon Thanh Expressway project, which passes through Binh Duong province – Photo: VGP/Nhat Bac
Accompanying the Prime Minister were leaders of ministries, sectors, central agencies, and the provinces of Binh Duong and Binh Phuoc.
After inspecting the project site, the Prime Minister attended the Conference on Master Plan Announcement and Investment Promotion of Binh Duong province in 2024.
The Ho Chi Minh City – Thu Dau Mot – Chon Thanh Expressway investment project is the north-south expressway axis of Binh Duong and Binh Phuoc provinces (connecting Ring Road 4, Ring Road 3, and leading to Ring Road 2 of Ho Chi Minh City), continuing the Gia Nghia (Dak Nong) – Chon Thanh (Binh Phuoc) expressway, connecting airports and seaports… The section passing through Binh Phuoc is about 7 km long, and the section in Binh Duong is over 52 km long.
In Binh Duong province, the route passes through five district-level localities; the starting point intersects with Ho Chi Minh City’s Ring Road 3 (belonging to Thuan An city), and the endpoint is at the boundary between Binh Duong and Binh Phuoc provinces.
Prime Minister inspecting the progress of the project – Photo: VGP/Nhat Bac
The section in Binh Duong province has a total length of about 52.159 km, of which about 6.5 km remains unchanged according to the cross-section of the existing road, and about 45.6 km is newly constructed.
In terms of investment periods, phase 1 involves investing in the expressway with a scale of four lanes, with continuous emergency stop lanes, a road width of 25.5 m, and a designed speed of 100 km/h; the completion phase involves investing in the complete expressway with six lanes according to the master plan, with a designed speed of 100 km/h.
The route includes four interconnected interchanges and two entrances and exits to the expressway; 26 bridge works are constructed; and tunnels are arranged under the expressway to restore local roads and existing roads as needed by the locality.
The Provincial People’s Council of Binh Duong has approved the investment policy for the project in the form of PPP (BOT contract type) and committed local budget capital. The Provincial People’s Committee has issued decisions approving the projects.
Prime Minister encouraging the construction team at the project site – Photo: VGP/Nhat Bac
With a total investment of about VND 17,408 billion, the project consists of two component projects: the site clearance project with an area of about 381.6 ha and a budget of about VND 8,283 billion from the central and local budgets; and the construction project in the form of BOT with a capital source of about VND 8,883 billion, implemented from 2024 to 2027, with a projected toll collection and capital recovery period of 32 years and 7 months.
Currently, the Provincial Traffic Project Management Board is carrying out site clearance compensation (implementing site clearance staking, inventory, survey, and compensation price plan, support, and resettlement…), coordinating with the Vietnam Rubber Group to carry out procedures for rubber tree clearance and cutting to serve the project implementation.
At the same time, they are urgently carrying out procedures for investor selection to implement the construction project, which is expected to be completed and started in November 2024.
Prime Minister presenting gifts to the construction team – Photo: VGP/Nhat Bac
While inspecting the site clearance area of the project, Prime Minister Pham Minh Chinh emphasized the strategic importance of this route, connecting the Central Highlands, the Southeast region, Long Thanh airport, and a series of expressways and seaports…
The Prime Minister requested that Binh Duong and Binh Phuoc provinces coordinate closely and support each other to accelerate the project progress, especially the 7-km section in Binh Phuoc province, which is implemented with public investment, needing urgent implementation and early completion.
During the implementation process, the main contractor should create conditions for local enterprises to participate as subcontractors to speed up project construction, create jobs and livelihoods for local people and enterprises, and help local enterprises grow to be able to participate in other large projects.
High-Speed North-South Railway: A Careful Choice of Technology and Management Model
On the morning of September 25, at a meeting on the implementation of the high-speed railway project on the North-South axis, Deputy Prime Minister Tran Hong Ha emphasized the careful selection of technology, management models, and operations towards the development of a complete and autonomous railway industry and service.
The Five Tasks Delegated by the Prime Minister to Binh Duong Province
“Addressing the Conference on the Master Plan for Binh Duong Province for the period of 2021-2030, with a vision towards 2050, this morning (Sept 26), Prime Minister Pham Minh Chinh assigned five key tasks and outlined six pillars to propel Binh Duong’s future development.”
The Ultimate Road Expansion: Unveiling the $1,000 Billion Vision for a High-Speed Connection
The 3km-long highway stretch from An Phu Intersection to Ring Road 2 in Thu Duc City will be expanded to double its capacity, resulting in a complete eight-lane roadway.
The Ultimate Investment: Tay Ninh’s Multi-Billion Dong Project
The Tay Ninh Provincial People’s Committee has just approved a resolution on investment policies for key projects in the region, with a substantial budget of hundreds of billions of dongs. This decisive move underscores the province’s commitment to fostering economic growth and developing key infrastructure projects.
“Prior to 2022, businesses paid approximately VND 100 billion in land use fees for a 10-hectare project, but this has now surged to VND 350 billion, and even up to VND 500 billion.”
Mr. Pham Duc Toan, CEO of EZ Property – a prominent real estate investment and development company, expresses his concern about certain localities’ land valuation methods. He believes that some areas base their land prices on data from real estate transactions that occurred during a heated market, resulting in significantly higher taxes for businesses.
