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Increasing total investment in Tuyen Quang - Phu Tho expressway project

TQO - Deputy Prime Minister Tran Hong Ha has just signed Decision No.586 approving the adjustment of investment policy in the construction investment project of Tuyen Quang - Phu Tho expressway connecting with Noi Bai - Lao Cai expressway.

Increasing total investment in Tuyen Quang - Phu Tho expressway project.

Investment project to construct Tuyen Quang - Phu Tho expressway connecting with Noi Bai - Lao Cai highway (Project) has been approved by the Prime Minister with investment policy in Decision No.1768, Decision No.2275 and Decision No.426.

Decision No.586 combines phase 1 and phase 2 to invest in completing the entire project in 2023, in which:

- Implementation period: 2021-2023

- Total investment: Increasing the total project investment to VND3,753 VND.

- Investment capital: Central budget capital is VND2,900 billion (including: VND500 billion in the 2016-2020 period; and VND2,400 billion in the 2021-2025 period, of which the expected increase in central budget revenue in 2022 is VND800 billion) and local budget capital is VND853 billion.

Other contents remain the same as Decision No.1768; Decision No.2275, and Decision No.426 of the Prime Minister. Other contents remain the same as Decision No.1768; Decision No.2275, and Decision No.426 of the Prime Minister.

Mai Linh

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