Illustrative photo (Photo: cafef.vn)

HCM City (VNA) - Construction on a 200km section of Dau Giay-Lien Khuong expressway will begin next year, with total investment of 65 trillion VND (2.8 billion USD) including site clearance costs.

The expressway will ease traffic on National Highway No 20, which is overloaded with more than 15,000 vehicles per day. It will connect the southern largest economic hub of Ho Chi Minh City with Dong Nai and Lam Dong provinces.

The new expressway will have four lanes and a designed speed of 100-120km per hour.

It is divided into three sections: Dau Giay- Tan Phu, Tan Phu- Bao Loc and Bao Loc- Lien Khuong.    

The first section will be invested in the form of Build-Operate-Transfer (BOT) with total capital of 7 trillion VND (300 million USD). The 66km section is expected to be completed in 2020.

The second section will have total length of 66km with an investment of 17 trillion VND (729 million USD). The third section will be 73km long, with total investment 13 trillion VND (557 million USD). Completion of the entire project is expected by 2030.

The Dau Giay- Lien Khuong expressway is part of Vietnam’s master plan for an expressway network to 2030.-VNA