The Ho Chi Minh City – Moc Bai Expressway project, with a total investment exceeding VND19.6 trillion (nearly $755 million), is entering an acceleration phase, aiming to complete key procedures, with the entire project site expected to be handed over by December 2025.
According to the Department of Economic - Construction Investment Management (Ministry of Construction), efforts are underway to expedite project implementation, with approval for the compensation, support, and resettlement plan targeted for June 2025.
Specifically, according to the plan, for component project 1 (expressway construction), the BOT contract is scheduled to be signed in September 2025, with groundbreaking in January 2026, and completion and operation by the end of 2027.
For component project 2 (construction of frontage roads and overpasses across the expressway), groundbreaking is expected in September 2025, with operation commencing in April 2027.
For component project 3 (compensation, support, and resettlement for the section through Ho Chi Minh City), the Ministry of Construction is coordinating with local authorities and relevant agencies to update maps of land acquisition areas.
It is expected that the approval of the compensation, support, and resettlement plan, the issuance of land acquisition decisions, and payment processing will be carried out in June. Site handover work will begin in July, and the entire project site will be handed over by December.
The project has attracted interest from four investors, including two foreign investors.