The total investment will be about 19.6 trillion VND (862.7 million USD).Around 6.6 trillion VND will come from the State’s budget to cover landclearance compensation and relocation.
The expressway is expected to ease congestion on National Highway 51. It willbe around 53.7 kilometres long, connecting Dong Nai and Ba Ria – Vung Tau.
It will have a speed limit of no more than 100 kilometres per hour, and bebuilt under the public-private partnership (PPP) model and Build – Operate –Transfer model.
It will run parallel to National Highway 51 and cut through the HCM City - LongThanh – Dau Giay expressway and Ben Luc - Long Thanh expressway.
The first phase of the project will include four lanes, except for the segmentbetween the two intersections between the expressway and HCM City - Long Thanh –Dau Giay and Ben Luc - Long Thanh, which will have six lanes instead.
Investment and construction will be carried out from 2021 to 2026.
The project will add to traffic infrastructure needed to fully utilise Cai Mep– Thi Vai Port and the future Long Thanh international airport.
The Ministry of Transport, which is in charge of the project, plans to surveypotential investors and work with other authorities on the project’sfeasibility study. It targets choosing an investor by the end of 2022.
Vietnam aims to develop additional 4,000km of expressways by 2030./.