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The Tam Nong BOT Toll Gate On The National Road 32 Refuses To Reduce The Ticket Price

Tam Nong BOT toll station on Highway 32

The General Department of Roads of Vietnam has said that investors of the Ho Chi Minh Road project from NH2 to Huong Nung and upgrading and expanding National Road 33 from Co Xie to Trung Ha bridge has not agreed with the direction of reducing total ticket for all vehicles through the toll station of the project.

You can read more information at Vietnam Real Estate News

The reason is that this project has been reduced by the Ministry of Transport services for vehicles in the local area adjacent to Tam Nong toll station in the Appendix No. 02 dated 19-4-2017. In addition, the current revenue of the station is lower than the contract signed, the investor can not afford to pay interest and do not guarantee the financial plan. Therefore, the owner suggested keeping the current price.

Ministry of Transport said that the Ministry has negotiated with the investors to reduce the fee for 38 BOT stations in 55 completed projects. It is expected that in October 2017 MOT will complete the review and adjustment of the remaining projects.

Tam Nong BOT toll station on Highway 32
BOT charging station on Highway 32

The investment project for the construction of the Ho Chi Minh road from NH-2 to Huong Nun and the upgrading and expansion of National Road 32 from Co Tuat to Trung Ha bridge (Phu Tho) with a total length of 35.07 km with total investment Investors will use the Tam Nong toll station located at Km 67 + 300 on the National Road No. 32 to collect a return on the project for about 20 years.

The investor is Hung Thang Investment Joint Stock Company – Tasco Joint Stock Company, the company carrying out the project is Hung Thang BOTCO Phu Tho.

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