The government has just submitted a pre-feasibility study report to the National Assembly for the Chau Doc – Can Tho – Soc Trang highway construction project, Phase 1.
According to the government report, the transport infrastructure system in general and the Mekong River Delta region in particular has not yet met the requirements of economic development, cannot guarantee synchronization and efficiency, and the regional socio-economic development potential has not been fully exploited.
The preliminary total investment of Chau Doc – Can Tho – Soc Trang Phase 1 is approximately VND 44,691 billion
With the advantage of large capacity, high speed, convenience and safety, Chau Doc – Can Tho – Soc Trang highway shortens the travel distance from Chau Doc to Tran De port by about 12 km and takes 1.5-2 hours in comparison with the existing national highways (Follow existing state highways such as state highways 91, 91B).
The project starting point crosses National Highway 91, Chau Doc city, An Giang province; The end point of the project is in the port area of Tran De, in Soc Trang province. Total length is about 188.2 km. In particular, An Giang Province (about 56.7 km), City. Can Tho (about 37.7 km), Hau Giang Province (about 37.7 km) and Soc Trang Province (about 56.1 km).
In the context of difficult state resources, the government recommends investing in a 4-lane cross-section investment to ensure the operating speed of 80 km/h, all geometric and technical elements comply with highway standards with a design speed of 100 km/h.
According to calculations, if the investment is made by the public-private partnership method, the state capital contribution is up to 60% of the total investment with a payback period of 30 years, above the maximum level of 50% as prescribed by law on investments in the form of public-private partnerships. The government proposes to apply the form of government investment. The government proposes to apply the form of government investment. Upon completion, a fee will be collected to return the allocated state budget capital for the project.
The preliminary total investment in Phase 1 is approximately VND 44,691 billion. The government has developed a number of specific mechanisms and policies, and if implemented, the project implementation schedule is expected to be as follows: project preparation from 2022, in effect completion of some sections of the high traffic route by 2025, in effect completion of the entire trajectory in 2026.
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