HCMC, Tay Ninh need to exploit land fund, create revenue for expressway project

The Office of Ho Chi Minh City People's Committee yesterday reported that concerning to the construction project of Ho Chi Minh City- Moc Bai Expressway in Tay Ninh province, the municipal and provincial people's committees agreed to expand the compensation and clearance scope at intersections of the expressway and Belt Road No.3, Belt Road No.4 and other suitable points for developing static traffic systems, logistic service stations, trade centers, services, etc to generate more revenue and increase the effectiveness of the project.

Construction project of Ho Chi Minh City- Moc Bai Expressway

Construction project of Ho Chi Minh City- Moc Bai Expressway

Accordingly, Vice Chairman of the HCMC People's Committee Vo Van Hoan assigned the Department of Planning and Architecture to chair and coordinate with the Department of Natural Resources and Environment and other relevant departments and agencies to study the planning, advise and propose appropriate positions, scale and types of investment, with a goal of bidding for exploiting the land fund. 

Besides that, the HCMC Department of Transport in coordination with the Department of Transport of Tay Ninh province reviewed, agreed and drafted the documents to submit the leaders of the two localities on specific responsibilities of each party.

In particular, it is necessary to clearly analyze the investment divergence, progress, investment capital and select competent state agencies to implement the project including clearly analyze advantages and disadvantages of the plan; and to propose a preferred plan before July 10.


BY QUOC HUNG- Translated by Huyen Huong

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