On August 7, Dong Nai Provincial People's Committee worked with investors on the progress of the elevated road project running along National Highway 51 (from Vung Tau intersection to the intersection of Vo Nguyen Giap Street and Bien Hoa - Vung Tau Expressway).
At the meeting, according to the report of the Dong Nai Provincial Department of Finance in the pre-feasibility study report, Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), the representative of the investor consortium, proposed 2 financial options to implement the Project.
Option 1: The project has a total investment of more than 16,100 billion VND, of which the State capital participating in the project is more than 4,800 billion VND (accounting for more than 30% of the total investment). The BOT capital is more than 11,200 billion VND (including loan interest), accounting for nearly 70% of the total investment).
According to CII's calculation, with option 1, the project's capital recovery fee collection period is 25 years and 3 months.
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| Perspective of investment plan for Vung Tau intersection between National Highway 51 and National Highway 1 in Dong Nai |
Option 2: The project has a total investment of nearly 16,600 billion VND, invested entirely by BOT capital (including loan interest). With this option, the toll collection period to recover the project capital is 26 years and 9 months.
Regarding the progress of the Project implementation, the Department of Finance is currently seeking opinions from relevant units on the project's pre-feasibility study report proposed by CII, the representative of the investor consortium.
After hearing the report on the two financial options, Vice Chairman of Dong Nai Provincial People's Committee, Mr. Ho Van Ha, requested the joint venture of investors proposing the Project to provide additional documents to the Department of Construction to clarify the socio -economic efficiency of the Project investment.
Mr. Ha also requested the Department of Construction to study and evaluate the effectiveness of the plan to build an elevated road with the investment plan to build two intersections at Vung Tau and Gate 11, to report to the Provincial People's Committee for consideration.
It is expected that the elevated road will have 6 lanes, while the lower road will retain its current 8 lanes, bringing the total number of lanes to 14.
According to the investor's proposal, the option of building an elevated road is optimal because it minimizes the need for site clearance and facilitates construction. In addition to investing in the elevated road, the investor will also invest in a number of major intersections on the route.
Source: https://baodautu.vn/de-xuat-2-phuong-an-duong-tren-cao-qua-dong-nai-von-cao-nhat-16600-ty-dong-d353182.html
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