October 30, 2025 | 13:30

Ha Tinh and SCIC cooperate to invest in a $1-billion project

Thiên Anh

Leaders of central Ha Tinh province and SCIC discuss investment in the Vung Ang – Cha Lo expressway and other infrastructure sectors such as industrial zones, urban areas, energy, and logistics...

Chairman of the People's Committee of central Ha Tinh province Vo Trong Hai on October 29 had a woking session with representatives of the State Capital Investment Corporation (SCIC) on the investment cooperation for the Vung Ang - Cha Lo expressway project, with a total investment capital estimated at more than VND26 trillion ($1 billion).

During the session, SCIC presented two preliminary investment options for the project, which will be built with 4 lanes, ensuring modern expressway technical standards. Under option 1, the expressway will be 100.5 km long, with a total capital of VND26.7 trillion (over $1.02 billion); while  option 2 requires a total capital of VND30.48 trillion ($1.17 billion) for  a 116.5-km expressway.  

Mr. Hai emphasized that Ha Tinh always considers transportation infrastructure development a key task, laying a foundation for attracting investment and sustainable development. "The province is committed to fully supporting investors during the survey and research process, especially in land clearance," the provincial leader added.

He urged SCIC to collaborate with local departments and sectors to conduct feasibility study and select an appropriate cooperation model, ensuring effectiveness and sustainability.

According to the Road Network Planning for the period 2021-2030, the Vung Ang - Cha Lo expressway is about 115 km long, starting at Vung Ang port (Ha Tinh), and ending at Cha Lo international border gate (in the former province of Quang Binh, now Quang Tri), with a scale of 4 lanes. This route is considered a strategic transport infrastructure, connecting the country's North Central region with Laos and Northeast Thailand, expanding the space for economic development and border trade.

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