📋 Tender Overview
My Thuan Project Management Board has just sent a document to the Ministry of Construction on reviewing and completing the proposal to upgrade the Cao Lanh - Lo Te and Lo Te - Rach Soi routes with a total length of more than 80km. Download Cao Lanh - Lo Te Expressway is a vital traffic axis connecting Dong Thap province with Can Tho City and the Mekong Delta region. Proposal to upgrade Cao Lanh - Lo Te expressway to 4 lanes. For the Cao Lanh - Lo Te route, the assessment shows that it is a vital traffic axis connecting Dong Thap province with Can Tho city and the Mekong Delta region (Mekong Delta) but does not meet complete expressway standards, posing potential risks to traffic safety. when vehicle traffic is increasing, especially when connecting with the Lo Te - Rach Soi expressway and the future My An - Cao Lanh route. On that basis, My Thuan Project Management Board proposed to upgrade this route with a length of approximately 29km with 2 investment scale options. Option 1, the route will be upgraded to a complete 4-lane scale, with a roadbed width of 24.75m. Three large bridges on the route, including: Cao Lanh bridge, Vam Cong bridge and Lap Vo bridge, have a cross-section larger than the cross-section of level 80 highways of 2.4m and 4m respectively. It is necessary to consider arranging a separate bridge for non-motorized vehicles. However, investing in building more bridges for non-motorized vehicles at the present time is quite expensive, the project management unit proposes to keep the current exploitation status (non-motorized vehicles go for now). In general, arrange a hard median strip to isolate the main traffic flow, do not arrange emergency stopping lanes on the bridge), only invest in bridges that cross intersection branches at the two ends of the bridge. With the above plan, the preliminary total investment of the project is about nearly 6,200 billion VND. RELATED NEWS Proposing a specific mechanism for investing in expanding the North - South expressway Striving to complete the expansion of the entire North - South expressway in 2030, construction will start in early 2027 Expanding 15 North-South Expressway projects in the East. Option 2 is to invest in upgrading a complete 6-lane route. At that time, 3 large bridges on the route, including: Cao Lanh bridge, Vam Cong bridge and Lap Vo bridge, had a cross-section smaller than the cross-section of the 6-lane level 80 highway bridge, 4.6m and 3m respectively, and needed to be expanded further. Assessing the expansion as not feasible for the current cable-stayed bridge structure, My Thuan Project Management Board proposed to keep the current cross-section unchanged, adjusting the lane dividing lines according to scale. 6-lane highway, level 80, limited (no emergency stopping lane on the bridge); Build a bridge with a minimum width of 6.5m to separate the flow of non-motorized vehicles. With this option, the preliminary total project investment is about more than 8,800 billion VND. Two options for investment methods are proposed by the project management unit at the same time: Method 1 is public investment, using the entire state budget capital, suitable in cases where financial guarantees for the PPP option are not met. Method 2 is to invest according to the counterpart method. public private partnership (PPP). The State contributes capital from 50% to 70% of the total investment; Private investors mobilize the rest, collecting toll payback over a period of 20 - 25 years. Upgrading the Lo Te - Rach Soi expressway requires more than 7,400 billion VND. Similar to the Cao Lanh - Lo Te route, the Lo Te - Rach Soi route is proposed with 2 investment plans to upgrade over a total length of about 51.5km through Can Tho City and An Giang province. Option 1 invests in 4 complete lanes. Adjusted, roadbed width 24.75m. Preliminary total investment is more than 7,400 billion VND. Option 2 is 6 lanes according to the planning approved by the Prime Minister. Preliminary total investment is nearly 12,800 billion VND. Regarding the investment method, My Thuan Project Management Board evaluates that the case of using 100% of the central budget investment capital (option 1) is appropriate when the vehicle traffic is not enough to ensure a payback fee of 25 years. With the PPP investment option (option 2), the State capital needs to participate in 55 - 65% of the total investment, the investor collects a payback fee of 22 - 25 years. This option needs additional research on forecast vehicle traffic and reasonable tolls in the Mekong Delta. If approved by the competent authority, the investment project to upgrade the two expressways is expected to start in the first quarter of 2028, completed in the fourth quarter of 2030.PT
