Vinh - Thanh Thuy Expressway will be exploited in 2029
According to the Resolution on the investment policy for the Vinh - Thanh Thuy Expressway Construction Investment Project, the total investment of the project is nearly 24,000 billion VND.
Politburo member and National Assembly Chairman Tran Thanh Man has signed and issued a Resolution on the investment policy for the Vinh - Thanh Thuy Expressway Construction Investment Project.
The goal is to build a modern and synchronous East-West transport route to meet transportation needs, create new momentum and development space. At the same time, connecting with the North-South expressway in the East, Ho Chi Minh road; improving competitiveness, creating momentum for regional, inter-regional and international socio-economic development.
At the same time, contributing to ensuring national defense and security; gradually successfully implementing sub-sectors and socio-economic development strategies according to the Party's Resolution.
The project applies advanced and modern technologies, ensuring safety, synchronization, quality and efficiency requirements. Encourage the application of high technology in construction organization, adapting to climate change. Implement the form of electronic fee collection without stopping in exploitation and operation.
The investment project of about 60km in Nghe An province, under the form of public investment, is divided into 10 component projects; the scale of each component project is determined in the Appendix attached to this Resolution.
The Resolution also clearly states the preliminary total investment of the Project of about VND 23,940.34 billion. The state budget capital is arranged from increased central budget revenue in 2024; central budget and local budget for the period 2026 - 2030.
Regarding the project implementation progress in 2026, the project will be completed and put into operation and exploitation in 2029.
Read the original here