Total investment: VND 1,245 billion (unaudited)
Investment form: BOT
CII B&R’s ownership: 51%
Investment details: Total length of the 4 sections under development: 22.38km.
- Section 1: expand no. 60 highway, the section from Tan Thach – An Khanh Intersection to Intersection No. 4. Section length: 4.46km.
- Section 2: upgrade and expand no. 60 highway, the section from end of Ham Luong street to the beginning of Mo Cay town bypass. Section length: 3.74km.
- Section 3: Mo Cay town bypass. Section length: 5.80km.
- Section 4: The street that leads to Co Chien bridge. Section length: 8.38km.
- Construction: completed on 15 January 2020
- Toll collection: from 6 July 2021 (after completion the toll collection of Rach Mieu Bridge 1) to 31 October 2027.
The investment project to build Rach Mieu bridge – National Highway 60 connecting Tien Giang and Ben Tre provinces in the form of BOT contract is divided into 2 phases using same toll plaza for toll collection, including Phase 1, construction of Rach Mieu bridge (“RM1”), toll collection since from 2 April 2009 to 5 July 2021. Phase 2, Investment project to upgrade, expand and build 4 sections on National Highway 60 (“RM2”), connecting Rach Mieu bridge to Co Chien bridge, was completed and put into use on 15 January 2020 but the toll collection has been started from 6 July 2021 after ending the toll collection of RM1.
The completion of Rach Mieu 2 helps the circulation between Ben Tre and Tra Vinh province more convinient. At the same time, opening up trade opportunities with Soc Trang province by Dai Ngai bridge, which is expected to start construction in the period of 2021 – 2025. From there, improving the transport capacity for the whole Mekong Delta region, creating a Traffic connection is smooth, convenient and shortens travel time, reduces transportation costs for goods, expands trade for coastal belt provinces such as Tra Vinh, Soc Trang connecting with Ho Chi Minh City. In addition, the project also helps the province to implement two component projects: the bypass of Mo Cay town and the road leading to Co Chien bridge, in order to complete the provincial transport system.