The National Assembly approved the plan to build the Vinh - Thanh Thuy expressway.

The National Assembly has just passed a Resolution on the investment policy for the Vinh - Thanh Thuy expressway construction project with 430 out of 433 attending National Assembly deputies voting in favor.

The resolution stipulates that investment in the construction of the Vinh - Thanh Thuy expressway aims to build a modern and integrated East-West transportation route, meeting transportation needs and creating new impetus and space for development.

Connecting Hanoi with Vientiane, Laos, and linking to the Eastern North-South Expressway and the Ho Chi Minh Highway; enhancing competitiveness and creating momentum for socio -economic development in the region, inter-regions, and internationally; contributing to national defense and security; and gradually achieving the goals and strategies for socio-economic development as outlined in the Party's Resolution.

The National Assembly voted to approve the Resolution on the investment policy for the Vinh - Thanh Thuy expressway construction project. Photo: Pham Thang.

The resolution states that the project applies advanced and modern technologies, ensuring safety, consistency, quality, and efficiency. It encourages the application of high technology in construction organization and adaptation to climate change. It also mandates the implementation of electronic toll collection (ETC) in operation and maintenance.

The preliminary land requirement for the project is approximately 648 hectares, including: approximately 223 hectares of rice paddy land; approximately 368 hectares of forest land; and approximately 57 hectares of other land types as stipulated by land law.

It is estimated that approximately 354.36 hectares of forest will need to be converted to other uses for the project, including about 180 hectares of upstream protection forest. Land acquisition, compensation, support, and resettlement will be carried out along the entire route in one go according to the planned scale.

The preliminary total investment for the project is approximately over 23,940 billion VND. The funding will come from increased central government revenue in 2024; and from the central and local government budgets for the period 2026-2030.

According to the implementation schedule, investment preparation for the project will begin in 2025, project implementation in 2026, and completion and commissioning in 2029.

Source: https://nongnghiepmoitruong.vn/quoc-hoi-thong-qua-chu-truong-xay-dung-cao-toc-vinh--thanh-thuy-d788815.html