MoT – Dau Giay to Phan Thiet Expressway – Dong Nai - Project Profile
"MoT – Dau Giay to Phan Thiet Expressway – Dong Nai - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Ministry of Transport (MoT), Vietnam is planned to undertake the Dau Giay to Phan Thiet Expressway project in Dong Nai province, Vietnam.
The project involves the construction of a 98.7km, six-lane expressway road from Dau Giay to Phan Thiet.
The project will be constructed in two sections. The first section will cover a length of 36km, extending from Dau Giay in Thong Nhat district to Xuan Loc district in Dong Nai province and second section will cover a length of 62.7km from Xuan Loc district to Phan Thiet city.
It will include the construction of 15 bridges with total length 640.1m, 12 overpasses at interchanges with total length 1,044m, additional 19 overpasses, 15 underpasses for pedestrians and light traffic, 165 culverts along the Dau Giay-Phan Thiet expressway, 12 culverts at the interchanges, 15 flyovers on main road, 14 flyovers at interchanges, 10 interchanges, two throughway toll gates and six toll gates at interchanges and six toll management offices, and the installation of road separators, signaling and lightening systems.
MVA has been appointed as traffic consultant, Parsons Brinckerhoff as technical advisor, CRISIL Infrastructure Advisory as legal transaction advisor, and Gide Loyrette Nouel as legal advisor.
In the first quarter of 2009, Binh Minh Import-Export Production and Business Limited Liability Company (Bitexco) was appointed as the build, operate and transfer (BOT) contractor. Bitexco is the first investor to contribute 60% of the total funding for the project and the second investor to cover the remaining.
In June 2009, Bitexco appointed a joint venture of Almec and Tedi for the feasibility study including an investment plan for the expressway. The scope of the contract involves technical design, a site clearance, resettlement plan and a report appraising the effects of the project on the environment.
Bitexco appointed Lexcomm as the adviser for the project.
The World Bank is providing financial assistance to the Government of Vietnam for the project implementation.
Funds for the project would be mobilized from private local and international investors, the World Bank’s loan and counter capital from the State Budget. In March 2010, US$200 million funding was approved under public private partnership (PPP) by the MoT.
In November 2013, MoT invited applications for pre-qualifications for the selection of the second investor for the design, build, finance, operation and transfer (DBFOM) contractor. The second investor will be selected through an international bidding process.
Metro Pacific Investment Corp (MPIC) and First Pacific Group of Hong Kong have participated in the pre-qualifications process.
On August 26, 2015, the Government has approved a proposal for splitting the Dau Giay-Phan Thiet expressway project into two components with one financed by the State budget and the other executed under the Public-Private-Partnership (PPP) format.
In May 2016, MoT decided to divide the expressway into two sections as potential investors did not express interest in the project due to the lack of revenue guarantees.
The first section stretching 36km from Dau Giay to Xuan Loc District of Dong Nai Province will be funded by the State budget and the International Development Association (IDA) under the World Bank. For the second section stretching 62km from Xuan Loc to Phan Thiet City concerned authorities are drawing up a construction plan under the public-private partnership (PPP) format for the Government to consider and approve.
Tendering process for the selection of second investor is underway.
The project involves the construction of 98.7km six-lane expressway connecting Dau Giay and Phan Thiet in Vietnam.
The US$757 million project includes the following:
1. Construction of 15 bridges with total length 640.1m
2. Construction of 12 overpasses at interchanges with total length 1,044m
3. Construction of additional 19 overpasses
4. Construction of 15 underpasses for pedestrians and light traffic
5. Construction of 165 culverts along the expressway
6. Construction of 12 culverts at the interchanges
7. Construction of 15 flyovers on main road
8. Construction of 14 flyovers at interchanges
9. Construction of 10 interchanges
10. Construction of two throughway toll gates
11. Construction of six toll gates at interchanges
12. Construction of six toll management offices
13. Installation of road separators
14. Installation of signaling and lightening systemsReasons To Buy