Toll collection starts in Hoa Lac- Hoa Binh Expressway on May 3

The Ministry of Transport has just allowed BOT National Highway 6- Hoa Lac – Hoa Binh Company to collect toll fees in Hoa Lac- Hoa Binh Expressway from May 3. 

Hoa Lac- Hoa Binh Expressway will be collected toll fees on May 3

Hoa Lac- Hoa Binh Expressway will be collected toll fees on May 3

Accordingly, the lowest toll fee is VND 35,000 (US$ 1.5) and the highest toll fee is VND 180,000 (nearly US$ 7.8) a turn. 

The investor must pay VND 7.8 billion of additional site clearance funds that Hoa Binh Provincial People's Committee advanced to those who had to remove for the expressway. 

If the company fails to do the payment, the Ministry of Transport will stop the fee collection.

The company has been allowed to install two toll stations. One was installed at at Km 42 + 730 National Highway 6 in 2015 the other one will be set up at Km 17 + 100. 

The period of fee collection is expected to last 27 years, six months and nine days.

The Hoa Lac- Hoa Binh Expressway was opened to traffic on October 10, 2018 but the collection of toll fees was not started due to debts of site clearance funds.  

The Ministry of Transport required the National Highway 6-Hoa Lac-Hoa Binh BOT Company to collect toll fees in accordance with the laws, traffic safety and public order. The company must publicize information about service prices, sale of all types of tickets.

Construction project of Hoa Lac-Hoa Binh and upgrading the National Highway 6 on Xuan Mai-Hoa Binh section under the form of build–operate–transfer (BOT) were built with total investment capital of VND 2,723 billion (US$ 117.2 million).
 

BY BICH QUYEN- Translated by Huyen Huong

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