Eleven investors interested in My Thuan-Can Tho expressway project
Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.
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The Thang Long project Management Board under the Ministry of Transport invited investors to join the 23.6km My Thuan-Can Tho expressway from April 15 to May 15. The selection process lasts from May 15 to June 16.
The project, to be implemented in the public-private partnership (PPP) form and BOT (build-operate-transfer) contract, needs total investment of about VND5.4 trillion (US$237.6 million).
The investor must provide at least 20% of the total investment.
My Thuan-Can Tho expressway starts from the connection point with National Highway 80 in Vinh Long city of Vinh Long province, and ends at the Cha Va connection point with National Highway 1 in Vinh Long.
On March 29, the Government Office issued a dispatch on the speeding up of investment projects, requesting the Ministry of Transport to promptly construct the road system in the Mekong Delta region.
Initially, the ministry was asked to hasten the construction of the Trung Luong-My Thuan and My Thuan-Can Tho expressways.
