Kontum People's Committee has proposed Ministry of Transport to build up the highway linking Bo Y international border gate (Kontum) with Pleiku City (Gia Lai) under BOT (build operate tranfer).
Accordingly, the highway will have investment capital of VND 13.2trillion. Under the plan, the route from Bo Y to Ngoc Hoi and Pleiku will have 11km in length with its speed of 100km per hour and 6 vehicle lanes.
Kontum People's Committee said the highway will help boost local economic development and improve the transport of goods from Thailand, Myanmar, Laos to Vietnam through Bo Y international border gate.
In addition, it is expected that Vietnamese enterprises will speed up investment into Laos after Vietnam officially joins in ASEAN Economic Community & Trans Pacific Partnership (TPP)
Kontum authority suggests to be built up the highway before 2020 as if the project is approved by the Prime Minister.