The plan has been revealed by head of the Investment Planning Division under the Ministry of Transport Nguyen Van Toan, saying that the agency will synchronously implement measures to cut investment preparation time as well as propose more policies to lure financial resources for traffic infrastructure development.
Among the 70 projects, the agency will coordinate with relevant agencies to build 59 kilometers of southern inter-regional expressway Ben Luc-Nhon Trach-Long Thanh with ten lanes, Mai Chi Tho tunnel, Luong Dinh Cua flyover in District 2, a three storey intersection at Nguyen Van Linh-Nguyen Huu Tho crossroads in District 7, a parallel road with HCMC-Long Thanh-Dau Giay expressway, a road connecting Vo Van Kiet boulevard and HCMC-Trung Luong expressway and a two-way flyover at Bon Xa crossroads in Binh Tan.
Of the 23 bridges, District 9 will build six comprising a flyover in front of New Mien Dong Coach Station, Chum Chup bridge, Lap, Lang, Ong Bon and Vam Xuong bridges.
In addition, three namely Ba Hom, Bung and Tan Ky Tan Quy bridges will be built in Binh Tan; Rach Doi, Rach Tom and Phuoc Long bridges in Nha Be; Hang Ngoai bridge in Go Vap; Nguyen Khoai bridge in District 4 and Phu Long bridge in District 12.
In 2019, the Transport Department will pay more attention to calling social resource investment in traffic infrastructure system comprising National highway 1A and Highway 22 upgrading projects. Since mid 2015, many businesses have proposed to build these projects under BOT (Build-Operate-Transfer) form.
Recently, the city People’s Committee has assigned the Transport Department to study investment in these projects under BT (Build-Transfer) form. Hence the agency has suggested investors to broaden the 8.2 kilometer stretch of National Highway 1A from An Lac in Binh Chanh, HCMC to Long An under BT instead of BOT form.
Investors will consider the efficiency of the investment form of BT to report to the city People’s Committee for consideration.
Mr. Nguyen Van Tam, deputy director of the Transport Department, said that implementation of public private partnership (PPP) projects need relevant agencies in fields of finance and land management to join hands with the Department of Transport to ensure feasibility.
Therefore, the city will organize bid invitation for all BT projects and auction land fund to make payment to investors and establish investment funds for PPP projects to improve transparency, publicity and ensure rights of residents, investors and the state.