The People's Committee of Phu Tho province has just issued Decision No. 41 approving the addition of projects to the list of investment opportunities in the area. The focus of this investment call is on three large-scale transportation infrastructure projects with a total estimated investment exceeding 20,000 billion VND, implemented under the public-private partnership (PPP) model.
Viet Tri - Hoa Binh Expressway: A 15.3 trillion VND inter-regional connecting artery.
The largest project in the portfolio is the Viet Tri - Hoa Binh expressway, approximately 56km long. The route is expected to pass through the following localities: Phung Nguyen, Tam Nong, Dao Xa, Thanh Son, Thanh Thuy, Cu Dong, Tuy Son, and Tan Hoa.
With a projected total investment of 15,300 billion VND, the project plays a strategic role in connecting the Noi Bai - Lao Cai expressway with the Hoa Binh - Son La expressway. Upon completion, the route will form an important inter-regional transportation axis in the northern midland and mountainous region, significantly shortening travel time and promoting economic and tourism development along the corridor.
Construct the Hai Ba Trung Bridge and complete the Ring Road 4.
The second key project is the construction of the Hai Ba Trung Bridge across the Lo River, connecting to the Noi Bai - Lao Cai Expressway at the IC6 interchange. The project has an estimated total investment of approximately 3,300 billion VND and will be implemented in Viet Tri ward and the communes of Tien Lu and Son Dong.
The investment in the Hai Ba Trung Bridge is considered not only to complete the inter-provincial transportation system but also to form a key connecting axis between the center of Phu Tho province and neighboring areas, expanding the urban development space along the Lo River.
The third project is the Ring Road 4 (section from Binh Xuyen to Vinh Tuong), phase 2. The road is approximately 18.2km long, with a roadbed width of 36m to 50m and an estimated total investment of 2,000 billion VND. This project is expected to alleviate congestion on existing traffic routes and enhance regional connectivity between Phu Tho and neighboring provinces.
Resources are ready for project implementation.
To expedite progress, the People's Committee of Phu Tho province has assigned the units proposing the projects to act as the focal point for providing detailed information to interested investors. The Provincial Investment Promotion and Business Support Center will coordinate with relevant agencies to proactively attract resources and provide maximum support in legal procedures for units registering to participate.
The intensified call for investment in transportation infrastructure demonstrates Phu Tho province's determination to complete its transportation network, creating a breakthrough impetus for socio-economic development in the region in the coming period.
Source: https://baolamdong.vn/phu-tho-keu-goi-dau-tu-hon-20000-ty-dong-vao-3-du-an-giao-thong-trong-diem-418049.html
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