Submitting to the National Assembly the Vinh - Thanh Thuy expressway project, with a total capital of nearly 24,000 billion VND

(Dan Tri) - The Vinh - Thanh Thuy expressway project is 60km long, with 4 lanes, proposed for public investment, playing a strategic connecting role between Vietnam and Laos.

On the afternoon of December 3, Deputy Prime Minister Bui Thanh Son presented a pre-feasibility study report on the Vinh - Thanh Thuy expressway project, emphasizing that this is an important national project, playing a key role in developing a synchronous and modern transport infrastructure system.

The expressway starts at the North-South expressway, in the East of Nghe An province, and ends at the Thanh Thuy border gate economic zone, located entirely within Nghe An province. The route plays a strategic role not only in the development of the province but also as a gateway for trade, creating economic development momentum for the whole region and connecting directly with Laos (Thanh Thuy - Vientiane section).

According to the plan, the expressway is about 85km long with 6 lanes. In the pre-feasibility phase, the Government proposed to invest in about 60km with a scale of 4 lanes; the Cua Lo - Vinh section, about 25km long, has not been invested yet.

The total preliminary investment of the project is nearly 23,940 billion VND, using the central budget from increased revenue in 2024 and the central and local budgets for the period 2026-2030. The project is expected to start construction in 2026 and be put into operation in 2029.

Deputy Prime Minister Bui Thanh Son presented the pre-feasibility study report on the Vinh - Thanh Thuy expressway project on the afternoon of December 3 (Photo: Media QH).

Presenting the appraisal report, Chairman of the Economic and Financial Committee Phan Van Mai said the Committee agreed on the necessity and affirmed that the project met the criteria for the National Assembly to consider deciding on investment policy, in accordance with the issued development plans and strategies.

Regarding investment methods, the Government proposed public investment, but the appraisal report stated that there were opinions suggesting studying the PPP method to attract social resources and reduce pressure on the state budget.

Regarding finance, the Economic and Financial Committee requested the Government to clarify the basis for preliminary calculation of total investment and compare it with similar projects; at the same time, supplement the content on capital appraisal and capital balance capacity according to the provisions of the current Law on Public Investment, to ensure the accuracy and feasibility of the project.

Regarding the scale of investment, the Economic and Financial Committee also requested clarification of the difference between the planning (6 lanes) and the investment phase plan of 4 lanes. Some opinions suggested carefully evaluating the economic and technical efficiency to avoid the situation of having to expand immediately after completion like some projects in the past.

Regarding exploitation efficiency, some Committee members noted the need to clarify the synchronous investment progress on the Lao side (Thanh Thuy - Vientiane section) to ensure exploitation of the entire route.

Chairman of the Economic and Financial Committee Phan Van Mai (Photo: Media QH).

Regarding compensation and resettlement, the Economic and Financial Committee proposed to review and select the optimal route to limit the conversion of forest land and rice land and avoid impacts on conservation areas and historical and cultural relics; at the same time, ensure adequate compensation, support, resettlement policies and livelihood support for affected people.

To speed up the progress, the Government proposed to apply three groups of special mechanisms and policies. The Economic and Financial Committee assessed that this proposal has a basis because it was approved by the National Assembly to be applied to important national projects in the past, and at the same time requested the Government to promptly report to the competent authority according to Regulation No. 01-QC/TW.

Source: https://dantri.com.vn/thoi-su/trinh-quoc-hoi-du-an-cao-toc-vinh-thanh-thuy-tong-von-gan-24000-ty-dong-20251203162016111.htm