The Project Management Board of Investment and Construction No. 1 of Lam Dong Province has approved Son Hai Group Co., Ltd. as the investor of the Tan Phu - Bao Loc Expressway.
The entire route spans approximately 66 km, with about 12 km running through the southern province of Dong Nai and 54 km through Lam Dong province in the Central Highlands. It will be implemented under the public-private partnership (PPP) model, specifically through a BOT contract.
Total investment capital is estimated at over VND14.47 trillion ($550 million).
The construction is scheduled to commence on December 19, with an estimated construction period of 25 months, aiming for completion by December 31, 2027. The toll collection period for capital recovery is projected to be 23 years and 9 months.
Upon completion, the expressway will connect with Dau Giay - Tan Phu, Bao Loc - Lien Khuong, and Lien Khuong - Prenn sections of the entire Dau Giay - Prenn route, helping to reduce the distance and travel time between Ho Chi Minh City and Da Lat.
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