HCMC – A section of an expressway that links Khanh Hoa Province and neighboring Daklak Province’s Buon Ma Thuot City will require an estimated VND10.44 trillion, according to a Transport Ministry agency.
Project Management Unit 6 at the Ministry of Transport has submitted a feasibility study for the section to the ministry for approval, the local media reported.
This section of the 117.5-kilometer Khanh Hoa-Buon Ma Thuot expressway will have a total length of 37 kilometers, with 1.3 kilometers in Khanh Hoa and the rest in Daklak.
The section will start from Ninh Tay Commune in Khanh Hoa Province’s Ninh Hoa Town, and end at Cu Elang Commune, Ea Kar District, Daklak Province. In the first phase of the project, the section will have four lanes and a speed limit of 80 kilometers per hour.
The section will be funded by the State. The central State budget will provide VND10.3 trillion and the two provinces will cover half of the site clearance costs of VND123 billion. The total investment will exclude costs of some VND118 billion to develop a smart traffic system and toll stations along the route.
Project Management Unit 6 proposed the Transport Ministry prepare the construction of the section and open it to traffic at the same time as other sections of the project in 2027.
The Khanh Hoa-Buon Ma Thuot expressway project has three sections, with a total investment of nearly VND22 trillion backed by public capital. Khanh Hoa Province is responsible for the first section. The Ministry of Transport is in charge of the second and Daklak Province the third.
Source: The SaigonTimes