HCMC - Long Thanh - Dau Giay expressway significantly cuts down distances and travel times.
Prime Minister Nguyen Tan Dung opened the new Ho Chi Minh City - Long Thanh - Dau Giay Expressway on February 8.
The expressway connects Ho Chi Minh City, National Highway 51, Long Thanh International Airport, and National Highway 1A, passing through Ho Chi Minh City and Dong Nai province.
The project consisted of two component projects. The first was the An Phu - Ring Road II, allowing for speeds of 80km/h on four lanes. The second was the Ring Road II - Long Thanh - Dau Giay section, with speeds of 100 km/h on four lanes.
Total investment was $967.96 million, consisting of an Ordinary Capital Resources (OCR) loan of $276.8 million from ADB, an ODA loan of $640.3 million from JICA, and reciprocal funding from the Vietnamese Government.
According to Mr. Mai Tuan Anh, General Director of the Vietnam Expressway Corporation (VEC), due to multiple geological and hydrological factors the Ministry of Transport and the investor modified certain items in the project that cut down construction costs by $93.84 million compared to the original plan.
The opening of the 55-kilometer expressway has shortened the distance and travel time between Ho Chi Minh City and neighboring areas. The Ho Chi Minh - Long Thanh International Airport (in Dong Nai province) distance and travel time has been reduced from 45 kilometers and 60 minutes to 22 kilometers and 20 minutes, and HCMC - Vung Tau from 120 kilometers and 2.5 hours to about 95 kilometers and 1 hour and 20 minutes. The HCMC - Dau Giay Junction trip was previously 70 kilometers and 3 hours due to traffic jams, but is now 50 kilometers and 1 hour, cutting transport costs by 20 to 30 per cent.