April 20, 2026 | 16:30

Investment increase for HCM City-Moc Bai Expressway approved

Thanh Thủy

Total investment capital estimated at VND23 trillion ($874 million).

Investment increase for HCM City-Moc Bai Expressway approved
(Illustrative image)

The People’s Council of Ho Chi Minh City has approved an adjustment to the investment policy for the Ho Chi Minh City–Moc Bai Expressway (Phase 1), to be implemented under a public–private partnership (PPP) in the form of a build–operate–transfer (BOT) contract.

Originally approved by the Prime Minister in August 2024 with a total investment of over VND19.6 trillion ($722 million), the project has been revised to nearly VND23 trillion ($874 million) following a comprehensive review and updated compensation, support, and resettlement plans. The implementation timeline has also been extended to 2028.

Costs for two sub-projects covering compensation and resettlement have risen significantly. Sub-project 3 (through Ho Chi Minh City) increased to VND6.38 trillion, while Sub-project 4 (through Tay Ninh province) rose to VND3.75 trillion. Meanwhile, the main BOT construction component and the development of service roads and overpasses remain unchanged.

The 50-km expressway will feature four lanes with a design speed of up to 120 km/h, linking Ho Chi Minh City with Tay Ninh and connecting to National Highway 22 through the Moc Bai International Border Gate to Cambo.

Construction is expected to begin in the second quarter of 2026, with completion targeted for late 2027. Once operational, the route is expected to ease congestion, improve cross-border connectivity with Cambodia, and boost regional economic growth.

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