The government has asked relevant ministries and agencies to promptly complete the feasibility study and draft investment policy for the construction of the Gia Nghia - Chon Thanh Expressway, for submission to the National Assembly for approval before October 3.
The project has a total length of nearly 129 km, passing through Binh Phuoc province for 101 km and the central highlands’ Dak Nong province for 27.8 km.
It will be built in the public-private partnership (PPP) form with estimated investment of nearly VND25.9 trillion ($1.08 billion), including more than VND16 trillion ($666 million) for construction and around VND4.6 trillion ($192 million) for site clearance.
Some VND9.98 trillion ($416 million) will be earmarked from the State budget and VND4 trillion ($166 million) from provincial budgets. The remainder will be mobilized from investors.