bot contract

The 1.500 trillion VND road project connecting to the Trung Luong expressway has been stalled for 6 years.

After a grand groundbreaking ceremony followed by years of inactivity, the Trung Luong Expressway connecting road, with an investment of over 1.500 billion VND, has had its BOT contract terminated prematurely by Ho Chi Minh City.

Dong Nai: Despite 20 rounds of negotiations, the BOT National Highway 51 project still cannot terminate the contract.

After numerous contract negotiations, the investor of the BOT National Highway 51 Project has yet to reach an agreement with the competent authority regarding the early termination of the contract.

Submitting the Ho Chi Minh City - Moc Bai Expressway Project to the Ho Chi Minh City People's Council for consideration.

The Ho Chi Minh City People's Committee has just submitted a proposal for the construction of the Ho Chi Minh City - Moc Bai expressway with a total investment of 15.900 billion VND in phase 1, spanning 50km and featuring 8 lanes.

Contract conditions under BOT agreements that violate the law will be invalidated.

The Ministry of Planning and Investment affirms that contract conditions for BOT projects that are contrary to the legal regulations of each period will be invalidated.

The toll station was 'mistakenly' placed and collected tolls illegally for over 10 years.

In addition to placing the BOT toll station in the "wrong location," the project also had to adjust the toll collection period, reducing it from 19 years, 2 months, and 17 days to 8 years and 6 days (a reduction of 11 years, 2 months, and 11 days).

Reasons for temporarily suspending toll collection at the Hanoi Highway BOT toll station.

The Ho Chi Minh City People's Committee has decided to temporarily suspend toll collection at the Hanoi Highway BOT toll station from January 1, 2018, because the investor has sufficient capital.

Why did the Ministry of Transport propose halting the BOT project study at the Tra Ly river mouth?

The Ministry of Transport believes that the project to renovate and upgrade the Tra Ly river mouth channel under the BOT contract model is not feasible at the present time.

Phap Van - Cau Gie BOT project: Slow lane expansion, fee reductions not commensurate with the results.

The Phap Van - Cau Gie expressway is expected to reduce tolls by 25% starting October 15th. However, according to drivers and experts, this fee reduction is only intended to appease public opinion because this is a newly upgraded road built on an old foundation, with high traffic volume and slow movement...

The troubling issue of BOT projects: Will the Ministry of Transport reduce fees?

The government has just issued a resolution requiring the Ministry of Transport to take the lead in reviewing and addressing shortcomings related to pressing issues concerning BOT projects this September. The Ministry of Transport stated that the focus will be on reducing BOT usage fees…

Listing 13 BOT projects with a 100-year reduction in toll collection.

The Ministry of Transport believes that the reduction of nearly 100 years in the toll collection period for BOT road projects is due to the final settlement value showing a decrease in the total investment compared to the initial total, and the increase in traffic volume compared to the actual situation.

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