Nguyen Danh Huy, head of the Public-Private Partnership Department, said the ministry has decided to raise investors’ capital to 20% of the total.
The 23.6m-long My Thuan – Can Tho highway will start at the National Road No. 80 intersection in the southern province of Vinh Long and end at Cha Va – National Road No.1 intersection.
During the first stage, the highway will be built with four lanes and designed vehicle speed of 100km per hour. The Build-Operate-Transfer project will be carried out in public-private partnership model at a total cost of over VND5.4 trillion (US$211.7 million).
On March 29, the Government Office issued Notice No.2893/VPCP-CN on accelerating the progress of investment projects, including asking the Transport Ministry to take synchronous measures to build roads in the Mekong Delta, firstly Trung Luong – My Thuan and My Thuan – Can Tho highways.