Tan Phu - Bao Loc Expressway: Son Hai invests nearly 14,500 billion VND

The 66km Tan Phu - Bao Loc expressway project with a total investment of nearly 14,500 billion VND has chosen the investor, Son Hai Group, and is expected to start construction on December 19.

Son Hai Group is the project investor.

According to information from Lam Dong Province Electronic Information Portal, the Tan Phu - Bao Loc Expressway project has officially selected the investor, Son Hai Group Company Limited. The decision approving the investor selection results was issued by the Construction Investment Project Management Board No. 1 on December 1.

The project is implemented under the public-private partnership (PPP) model with a total investment capital of VND14,475 billion. According to the plan, the construction period is expected to last 25 months, completed on December 31, 2027. The expected toll collection period for capital recovery is 23 years and 9 months.

Project scale and route

Tan Phu ( Dong Nai ) - Bao Loc (Lam Dong) Expressway has a total length of 66 km. Of which, the section passing through Lam Dong province is 54 km long, including wards 1 and 2 of Bao Loc city and communes of Da Huoai and Da Teh districts.

Project route. (Photo: Vietnam Law Newspaper).

Once completed, the route will contribute to completing the Dau Giay - Lien Khuong expressway system, creating a vital traffic axis connecting Lam Dong province with key economic centers in the South, promoting socio-economic development for the region.

Groundbreaking plan

The project groundbreaking ceremony is expected to be held on December 19 at the intersection between the expressway and DT 721 road, in Da Huoai commune, Da Huoai district.

Currently, the Management Board of Construction Investment Project No. 1 has requested the design consultant to conduct a survey and prepare a technical design document for this intersection area. At the same time, relevant agencies are developing a detailed plan for the groundbreaking ceremony to submit to the Lam Dong Provincial People's Committee for approval.

About investor Son Hai Group

Son Hai Group is a reputable contractor in the field of transport infrastructure construction in Vietnam. This enterprise is known for constructing many important packages of the North - South Eastern Expressway project and stands out with its commitment to guarantee the quality of the project for up to 10 years. In addition, Son Hai Group has also proposed to study and invest in expanding some other sections of the North - South Expressway such as the Hoai Nhon - Nha Trang section.

Source: https://baolamdong.vn/cao-toc-tan-phu-bao-loc-son-hai-dau-tu-gan-14500-ty-dong-407101.html