However, after settlement, the cost was VNĐ 634 billion, in other words reduced by a third, as reported by its investors.
Speaking to Báo Giao Thông (Transportation Newspaper), Dương Hồ Minh, Deputy Director of the Hồ Chí Minh Highway’s Project Management Board, said the board has reviewed and submitted the settlement reports of three BOT projects and all were lower compared to the originally approved total investment.įor example, the original total investment for KM1793+600 – KM 1824+00 (Đắk Nông Province) was VNĐ1,023 billion (nearly $46 million).
Initial assessments indicate that the actual costs of most build-operate-transfer (BOT) projects on National Highway No.1 and Hồ Chí Minh Highway (the section passing through the Central Highlands) were lower than planned, meaning investors will collect their payback from road users faster than anticipated.
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