PM approves construction under the build-operate-transfer form.
Prime Minister Nguyen Tan Dung has given approval to the My Thuan - Can Tho Highway project in the Mekong Delta being conducted under the build-operate-transfer (BOT) mode.
Toll booths will be built on the Ho Chi Minh City - Trung Luong Highway (from the city to Tien Giang province) to fund the project, and also on the new highway once completed.
The Ministry of Transport has been assigned to take responsibility for the scheduling, investment, and financial plans for the project. It must also determine how long tolls will be collected on the Ho Chi Minh City - Trung Luong Highway.
The Prime Minister also directed that the project be conducted under Decree No. 15, issued on February 14, 2015, regarding public-private partnerships.
Under national planning the My Thuan - Can Tho Highway is part of the route from Ho Chi Minh City to Can Tho city. Along the My Thuan - Can Tho Highway are 80 entry and exit ramps - the first in Vinh Long city in Vinh Long province and the last in Dong Binh commune, Binh Minh district, Vinh Long province.
The maximum speed along the highway is 100 km/h.