Officials from the Transport Ministry are
considering a plan to widen Highway No 1 to four lanes for automobiles and two
lanes for motorbikes, with a total length of 1,100 km under a Prime Minister’s
instruction.
Capital
for the north-south highway will be mobilised from all sources under the BOT
(build-operate-transfer) form, according to Nguyen Hong Truong, deputy minister
of transport.
“After
the project is finished, tolls will be collected, which will amount to 50 – 70
per cent of the current tolls on the existing highway,” Truong was quoted as
saying in Thoi bao Kinh te Viet Nam (Viet Nam Economic Times).
However,
the ministry’s plan for Highway No 1 expansion has been criticised by a number
of experts.
“This
figure that is quoted, VND105 trillion (US$5 billion), is too small. In
addition, the BOT form, which would apply for both the Highway No 1 extension
and North-South Express Way, will make it more difficult to seek investors,”
said Nguyen Ngoc Long, vice chairman of the Bridge and Road Science and
Technology Association.
He said
the four-year timeline for construction for a 1,100km road was too short.
“Instead,
the ministry should choose which part needs to be upgraded first,” he said.
“That will ensure there is enough capital for the work.”
Long
also said that most current BOT projects were having difficulty recouping the
invested money, so the ministry must carefully consider the project feasibility
and the time involved.
“At
present, on Highway No 1, there are too many toll stations. What happens if
more stations over a very short distance collect money?” Nguyen Manh Hung,
chairman of Viet Nam Automobile Transport Association, said.
Many
experts have also complained that concurrent construction on both the extension
and the North South Expressway would waste money.
VNS
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