Accordingly, the project’s new total investment, including loan interest, is VND 7,268 billion. Phase I, involving the renovation and upgrading of the existing road surface into a 4-lane expressway, is valued at VND 1,991 billion; Phase II, involving expansion into a 6-lane expressway, is valued at VND 5,277 billion. Compared with the project investment decision approved in October 2013, the new total investment has decreased by more than VND 1,200 billion.
It is known that the selection of investors for the upgrade of the 29-km Phap Van – Cau Gie route will be conducted through bidding.
(Source: Tinnhanhchungkhoan.vn)