HCMC – The Khanh Hoa-Buon Ma Thuot expressway project, which links the south-central province of Khanh Hoa with the Central Highlands province of Daklak, will cost around VND21.93 trillion in investment, according to the Ministry of Transport.
The ministry has submitted the pre-feasibility study of the project to the prime minister, reported the Vietnam News Agency.
The four-lane route will be over 117 kilometers long, with the section passing through Khanh Hoa being nearly 32.7 kilometers long and the other running through Daklak over 84 kilometers long. The project is slated for completion in 2026.
The ministry proposed tapping the State budget to develop the project. Of the total investment, construction and equipment costs will account for over VND15.6 trillion.
Besides this, the ministry also studied dividing the project into three subprojects and considered tasking the provincial authorities with implementing one road section that does not have complicated technical works.
Specifically, the first subproject will be located in Khanh Hoa, at around 32 kilometers in length and a total investment of some VND5.6 trillion. The provincial government of Khanh Hoa will be the investor.
The second subproject will pass through the two provinces, requiring some VND9.8 trillion in investment. The Transport Ministry will be the investor of this 37.5-kilometer section.
As for the third subproject, it will be located in Daklak and assigned to the provincial government. This 48.5-kilometer section will cost about VND6.4 trillion.