In the first quarter of 2020, commencement of two key infrastructure projects worth VND 10,000 billion

Prime Minister Nguyen Xuan Phuc requested to ensure the progress to start two projects of My Thuan 2 Bridge and My Thuan - Can Tho Expressway in Q1/2020.


Specifically, for My Thuan 2 Bridge, the Prime Minister requested the Ministry of Transport to urgently implement procedures for investment in main bridge components and components, ensuring commencement in the first quarter of 2020, striving to complete, put the project into use synchronously with Trung Luong - My Thuan highway.


Reportedly, the construction project of My Thuan 2 Bridge has the starting point at Km101 + 126 at An Thai Trung intersection in Cai Be district (Tien Giang province), in connection with Trung Luong - My Thuan Expressway Project. The last point is at Km107 + 740 at the intersection of National Highway 80 in the city. Vinh Long (Vinh Long province), in conjunction with My Thuan - Can Tho Expressway Construction Investment Project. The total length of the project is 6.61km, in which the bridge is 1,906 km long, 6 lanes, 25m wide, in which, the main span is a two-sided cable-stayed cable-stayed bridge with a gauge of 300m wide, needle piers outline.


My Thuan 2 Bridge construction project has a total capital of VND 5.003 billion.


For My Thuan - Can Tho expressway project, the Prime Minister requested the Ministry of Transport to urgently implement procedures to adjust the project in accordance with the law; At the same time, organizing bidding to select investors to implement the project, ensuring the commencement of the project in the first quarter of 2020.


According to the feasibility study report of My Thuan - Can Tho Expressway Project, which was approved by the Ministry of Transport on August 28, 2017, the My Thuan - Can Tho Expressway is 23.5 km long, passing through the territory of the districts: Binh Tan, Long Ho and Tam Binh; Binh Minh town; Tp. Vinh Long (Vinh Long province) and Chau Thanh district (Dong Thap province). The total project investment is VND 5,370 billion, the state is supported by the right to collect tolls from Ho Chi Minh City - Trung Luong from September 2028; charging time is 22 years.


However, the Thang Long Project Management Board then requested the Ministry of Transport to appraise and approve the Feasibility Study Report to adjust the project of investment and construction of My Thuan - Can Tho Expressway, Phase I in the form of PPP, type of BOT contract.


Accordingly, the total project investment decreased to VND 4,919 billion. The project will also change the structure of investment capital when the state capital participating in the site clearance cost support is 932.2 billion dong, the rest is the investor's equity (797.5 billion dong) and commercial loans (VND 3,9987.5 billion).


According to Nguyen Van