The Ho Chi Minh City People’s Committee has recently established an Appraisal Council for the Investment Proposal Report on the sea-crossing road project connecting Can Gio to Ba Ria – Vung Tau (former area). This initiative will be implemented through a Public-Private Partnership (PPP) model.
The sea-crossing road project connecting Can Gio to Ba Ria – Vung Tau (former area) could reduce travel time from 2 hours to just 10 minutes.
The Appraisal Council consists of 11 members, including leaders from various departments and local authorities where the project is expected to be implemented. Mr. Hoang Vu Thanh, Acting Director of the Department of Finance, has been appointed as the Council’s Chairman.
According to the decision, the Council is responsible for appraising the Investment Proposal Report in compliance with Decree No. 243/2025/NĐ-CP issued by the Government. The appraisal process will focus on a comprehensive evaluation of the report’s content, clarifying any discrepancies, and recommending solutions or additional requirements as needed.
The Department of Finance has been designated as the standing agency, tasked with consolidating opinions, coordinating appraisal activities, and reporting the results to the Ho Chi Minh City People’s Committee. Council members will work on a part-time basis, utilizing the existing personnel and resources of their respective agencies.
The decision takes effect from January 13, 2026. Upon completing the appraisal and submitting the results in writing, the Council will dissolve as per regulations.
The sea-crossing road project connecting Can Gio to Ba Ria – Vung Tau (former area) is proposed by Vingroup. The proposed route will start from Bien Dong 2 Road in the Can Gio coastal urban area and end at 30/4 Road in Tam Thang Ward, Ho Chi Minh City.
The project spans over 14 km, with nearly 11 km of sea-crossing bridge and more than 3 km of tunnel. Designed to urban coastal road standards, it will feature 6 lanes for motor vehicles, a speed limit of 80 km/h, and include lighting, drainage systems, and other traffic safety measures.
Vingroup asserts that this will be the first direct route connecting Can Gio to Vung Tau, significantly reducing travel time from 1.5 to 2 hours to just 10 minutes.
The project requires approximately 137.5 hectares of land and sea surface. Compensation, support, and resettlement will be managed by Ho Chi Minh City, while the investor will fund the entire construction cost. The project’s capital recovery is proposed through land funds in accordance with Decree 257/2025.
Construction is expected to begin in 2026 and be completed by 2029.
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