Toll collect

HCMC to begin e-toll collection in July By Le Anh A view of An Suong-An Lac Station - PHOTO: IDICO HCMC – An Suong-An Lac Station in Binh Tan District will begin electronic toll collection (ETC) in July, according to a representative of Infrastructure Development Investment Joint Stock Company (IDICO) as operator of the toll station. The company has signed an agreement with ETC system provider VETC to set up automated toll collection at the station, following which, it will be applied at other stations citywide. These systems not only help drivers pay fares without stopping but also help investors save costs on printing tickets and providing maintenance services. Further, ETC technology can control the total collected fees. Earlier in April, IDICO installed the system and piloted four ETC tollgates. IDICO earlier invested in build-operate-transfer project to upgrade a 14-kilometer section of National Highway 1A, from An Suong Intersection to An Lac Roundabout, running … [Read more...] about HCMC to begin e-toll collection in July

Long An BOT road toll collection set to start in mid-JuneTrung Chanh A toll station on BOT DT 830 road will begin operating in mid-June - PHOTO: TRUNG CHANH CAN THO – Toll collection on Provincial Road DT 830 in Long An Province, the first build-operate-transfer (BOT) infrastructure project in the Mekong Delta province, will begin in mid-June, said Pham Van Cuong, director of Bang Duong Investment-Construction-Trading Co Ltd. Cuong said at a press conference held in Long An Province on June 7 that the date for kicking off toll collection remained undecided. Long An Province Department of Transport director Nguyen Van Hoc said toll fees would range from VND25,000 to VND165,000 per time, from VND750,000 to VND4.95 million per month and from VND2.02 million to VND13.36 million per quarter. A toll exemption will be extended to certain road users in accordance with Clause 3 of Article 1 in the province’s Decision 13/2018/QD-UBND dated April 1, 2018, Hoc said. The … [Read more...] about Long An BOT road toll collection set to start in mid-June

Toll collection on Bac Giang-Lang Son expy to begin tomorrowLe Anh HCMC – The Bac Giang-Lang Son expressway project developed under the build-operate-transfer (BOT) format with a total length of 170 kilometers will begin toll collection from tomorrow although a 64-kilometer expressway section is not yet completed. Cars under 12 seats, trucks of less than two tons and buses will be charged VND35,000 per trip while vehicles of 12-30 seats and trucks of four tons will pay VND50,000 per trip. Vehicles of more than 31 seats and trucks from 4 to 10 tons are subject to a toll of VND75,000. Trucks weighing from 10 to 18 tons and 20-feet container trucks will be subject to a toll of VND120,000 per crossing. Trucks of over 18 tons and 40-feet container trucks will be levied the highest fee of VND180,000. Residents who live near the toll station in 18 communes in Bac Giang Province and 12 communes and districts in Lang Son Province will be exempted from tolls for buses, cars under 12 … [Read more...] about Toll collection on Bac Giang-Lang Son expy to begin tomorrow

40 BOT road projects face toll collection time cut of 120 years Vehicles wait to pay fees at a BOT road tollgate. The State Audit Office of Vietnam (SAV) has proposed slashing the toll collection time of 40 BOT road projects by 120 years - PHOTO: TL HCMC – The State Audit Office of Vietnam (SAV) has proposed the Government slash the toll collection time of 40 build-operate-transfer (BOT) traffic infrastructure projects by 120 years, news website VnEconomy reports. The SAV said in a 2017 auditing report submitted to the National Assembly that the Ministry of Transport has implemented a total of 75 traffic infrastructure projects through the public-private partnership (PPP) since 2002. They comprise 68 BOT, four build-transfer (BT), one build-own-operate (BOO), and two BOT and BT projects with a total adjusted investment of VND233.7 trillion. By March 2016, 57 of the projects had been put into operation, according to the report. They have helped ease traffic … [Read more...] about 40 BOT road projects face toll collection time cut of 120 years