On November 6, the HCMC People's Committee announced a survey to gauge investor interest in Sub-project 1 of the HCMC - Moc Bai Expressway (Phase 1).

This component, focusing on expressway construction, will be developed under a public-private partnership (PPP) model with a build-operate-transfer (BOT) contract.

The first phase of the HCMC - Moc Bai Expressway has an estimated investment of nearly VND 20,000 billion ($816 million). Sub-project 1 alone, which encompasses building the main expressway, requires an estimated investment of VND 10,421 billion.

Under the proposed BOT structure, investors would cover approximately VND 9,943 billion (95.41% of the total investment), with HCMC’s public budget contributing VND 478 billion (4.59%).

The remaining three sub-projects will be funded through public investment. These include:

- Sub-project 2: Constructing access roads and overpasses for local traffic, with an investment of about VND 2,422 billion.

- Sub-projects 3 and 4: Compensation, support, and resettlement costs, with allocations of approximately VND 5,270 billion for the section within HCMC and VND 1,504 billion for the section in Tay Ninh Province.

In August, the Prime Minister approved the investment proposal for Phase 1 of the HCMC - Moc Bai Expressway. The 51-kilometer project will include a 4-lane expressway with a maximum speed of 120 km/h, along with additional infrastructure such as smart traffic management, toll collection systems, and rest areas.

The estimated total cost for Phase 1 is VND 19,617 billion, with a toll collection period projected at 16 years and 9 months.

Tuan Kiet