VND10,643 billion to construct 79 km of Ninh Binh - Nam Dinh - Thai Binh Coastal Expressway

VND10,643 billion to construct 79 km of Ninh Binh - Nam Dinh - Thai Binh Coastal Expressway

This coastal expressway will start in Khanh Hoa Commune, Yen Khanh District, Ninh Binh Province and end in Thuy Truc Commune, Thai Thuy District, Thai Binh Province.

Investment in Vietnam - Nam Dinh Provincial People's Committee has proposed the Prime Minister to approve the investment policy of expressway construction project of Ninh Binh-Nam Dinh-Thai Binh in the form of PPP.

This coastal expressway will extend 79.4 km, go through Ninh Binh of 18 km, Nam Định of 28.7 km and Thai Binh is 32.7 km.

According to the proposal of the Nam Dinh People's Committee, the locality was assigned to prepare the project. The road was invested with the grade II delta road with designed speed of 100 km /h and the width of 26 m.

The proposed investment is in the form of PPP with total investment (including interest) of VND10,643 billion, of which VND6,659 billion is from the state budget and capital of investors is 3.984 billion. Project implementation period is from 2017 to 2022. In order to repay the project, the investor expects a return on investment for a period of 23 years.

/baodautu.vn/

Related news