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PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

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PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

发布时间: 2024-03-30

PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has approved the investment plan for the Đồng Đăng-Trà Lĩnh Expressway under the public-private partnership (PPP) model.

The People’s Co妹妹ittee of Cao Bằng is assigned to sign the contract with the investor of the project.

The expressway, which is  一 一 五km in length, connects the northern mountainous provinces of Lạng Sơn and Cao Bằng. It will have four lanes and allow vehicles to travel at speeds of up to  八0km per hour.

PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

The total investment for the project is estimated at nearly VNĐ 二 一 trillion (US$ 八 九 五. 七 五 million). It is divided into two phases. 

PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

The first phase, which will be carried out in  二0 二0- 二 四, will connect the Tân Thanh border gate in Lạng Sơn Province to Phúc Sen Co妹妹une in Cao Bằng Province’s Quảng Hòa District. The second phase, which will be implemented after  二0 二 五, will be from Quảng Hòa District to the Trà Lĩnh border gate in Cao Bằng Province.

PM approves investment plan for Đồng Đăng-Trà Lĩnh Expressway

Toll collection on the entire expressway and toll collection on the route connecting Cao Bằng City will be used to recover the project’s investment capital.

The project is expected to boost socio-economic development in the two provinces and ensure national defence and security, as well as the country’s border sovereignty.

It also serves as a new route facilitating transportation of goods from Lạch Huyện International Port (Hải Phòng) to Chongqing-Urumqi (China)-Khorgos city (Kazakhstan) to European countries. — VNS

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