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BOT investors in Ho Chi Minh City has not increased ticket prices from now until 2020

BOT Phu My Bridge and An Suong - An Lac Highway.

“Investors are unified to invest in automatic toll collection systems and to consider not increasing their fares from now to 2020,” said Bui Xuan Cuong, Director of the HCMC Department of Transportation.

According to the Department of Transportation TP. At present, there are 9 BOT projects in operation with road service charges.

Of these, two are managed by the Ministry of Transportation (MOT), including the TP. HCMC – Trung Luong and Ho Chi Minh highway. HCM – Long Thanh – Dau Giay.

BOT Phu My Bridge and An Suong - An Lac Highway.
BOT Phu My Bridge and An Suong – An Lac Highway.

7 remaining projects by TP. Ho Chi Minh City, including three projects are collecting fees include: the project to renovate and upgrade National Highway 1, An Suong – An Lac (District 12, Binh Tan, Hoc Mon and Binh Chanh) construction of Phu My Bridge (District 2 – District 7) and BOT project at Nguyen Van Linh (District 7, Binh Chanh District).

There are 4 BOT projects that are under construction or waiting to complete the procedures to deploy the fee. Of which, Binh Trieu 2 Road Construction Project (Binh Thanh District – Thu Duc), part 2 – phase 2 is being prepared for construction; Road construction project from Vo Van Kiet to TP highways. HCMC – Trung Luong (Binh Chanh district) is under construction; Hanoi Highway Project (District 9 and Thu Duc) is under construction; The project of connecting road from Nguyen Duy Trinh street and Phu Huu industrial zone (district 2, district 9) to be constructed.

According to Nguyen Mai Bao Tram, Deputy General Director of City Infrastructure Investment Joint Stock Company HCM (CII), Hanoi highway project has just completed the fee for Rach Chiec bridge project (the fee will be terminated from January 1, 2018).

Expected upcoming, CII will hold a fee for the project to expand the Hanoi Highway phase 1, from the Saigon Bridge to the intersection of the National University. After that, we will continue to collect fees for the second phase of the Hanoi Highway project, from Suoi Tien to Tan Van (bordering with Dong Nai).

Mr Bui Xuan Cuong, director of the city’s Department of Transport said: “Currently, the investors are unified to invest in automatic toll collection system and consider not increasing ticket prices from now to 2020”.

Currently, out of 3 BOT stations managed by the city, two BOT bridges in Phu My and one in An Suong – An Lac are paid to pay back to investors. as compared to the general BOT stations in the country.

Particularly, the BOT station on Nguyen Van Linh street (District 7, Binh Chanh district) mainly collected fees for maintenance of Nguyen Van Linh street, so the fee was lower than the two stations.

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BOT investors in Ho Chi Minh City has not increased ticket prices from now until 2020
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