The Vietnam Expressway Corporation (VEC) has sent an official dispatch to the Commission for the Management of State Capital at Enterprises (CMSC) requesting that it approve a VEC investment in completing a traffic intersection on National Highway No. 51 connecting it with Ho Chi Minh City’s Ben Luc - Long Thanh Expressway in the first phase.
The 57.8 km-long Ben Luc - Long Thanh Expressway project has total investment of more than VND31 trillion ($1.33 billion) and is a national key project within the East North - South Expressway project but has stalled due to a lack of capital. The Ministry of Planning and Investment has proposed that the government assign the Vietnam Expressway Corporation (VEC) to balance and arrange reciprocal capital to continue project implementation.