Brian Jeffrey
Investor Survey for HCMC – Moc Bai Expressway
On November 6, the HCMC People’s Committee initiated a survey to assess investor interest in the first phase of the HCMC – Moc Bai Expressway project.
This phase primarily focuses on the highway’s construction and will follow a public-private partnership (PPP) format using a build-operate-transfer (BOT) approach.
The overall budget for Phase 1 of the expressway is estimated to be around VND 20,000 billion (approximately $816 million), with Sub-project 1, which includes the expressway’s main construction, requiring VND 10,421 billion.
According to the proposed BOT framework, investors are expected to contribute about VND 9,943 billion, which represents 95.41% of the total funding, while the city’s budget will cover VND 478 billion (4.59%).
The other three sub-projects will utilize public investment funds, which comprise:
- Sub-project 2: Development of access roads and overpasses to facilitate local traffic, with an estimated cost of VND 2,422 billion.
- Sub-projects 3 and 4: Budget for compensation, support, and resettlement, amounting to around VND 5,270 billion for HCMC and VND 1,504 billion for Tay Ninh Province.
In August, the Prime Minister approved this investment initiative for the expressway’s first phase. Spanning 51 kilometers, the project will feature a 4-lane expressway designed for a maximum speed of 120 km/h, along with essential infrastructure such as smart traffic management, toll systems, and rest areas.
The total projected expenditure for Phase 1 is VND 19,617 billion, with an expected toll collection duration of 16 years and 9 months.
