The Binh Duong Provincial People’s Council has approved the construction of a 45.7-km section of the Ho Chi Minh City - Chon Thanh Expressway project under the public-private partnership (PPP) model.

The 70-km expressway will link Ho Chi Minh City and southern Binh Duong province with central highlands localities.

The project has two sub-projects, including the Ho Chi Minh City - Thu Dau Mot, Binh Duong province, section, and the Thu Dau Mot - Chon Thanh, Binh Phuoc province, section.

Total investment capital is estimated at over VND17.4 trillion ($725 million). Over VND8.53 trillion ($355 million) will be sourced from the State budget and the remainder from the investor.

The project is scheduled for implementation in the 2023-2027 period.