Vietnam approves investment for Ho Chi Minh City - Moc Bai Expressway PPP

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Ministry of Transport in Vietnam has authorized Ho Chi Minh City (HCMC) to decide for the investments for Ho Chi Minh City (HCMC) - Moc Bai Expressway. This 53.5km-long Expressway which will connect Ring Road No 3 in HCMC’s Hoc Mon district with Moc Bai International Border Gate between Vietnam and Cambodia in Tay Ninh province.

The project is expected to be completed by 2025 with a facility of four lanes, which will be expanded to six or eight lanes by 2045. The expected investment value for the project is VND 13.6 trillion (US$ 585.10 million) including VND 10.7 trillion (US$ 460.33 million) of private investment for the first phase of the project. The expressway will ease traffic congestion in southern Vietnam.

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