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25% discount on Phap Van Expressway

Vantai24h - Vietnam Road Administration has just agreed with the investor of the BOT project Phap Van - Cau Gie proposed Ministry of Transport reduced 25% of the route fee.

The Viet Nam Road Administration has worked with investors and investment enterprises to upgrade the Phap Van - Cau Gie route for negotiation, and agreed to lower service rates using Phap Van - Cau Gie road; To submit to the Ministry of Transport plans to reduce fares using roads on the route.


It is expected that the General Department of Roads and Project Owner tomorrow will work with the Ministry of Transport to propose the Ministry of Unification of discount schemes.

As proposed, the discount period starts on 15/10/2017. All vehicles on the route are discounted 25% of the fare compared to the current price.

BOT - BAO GIA BOT JOINT STOCK COMPANY actively prepares the procedures for the price reduction to reduce ticket prices in time.

In addition, the General Department of Roads also requested the Ministry of Transport to assign the specialized agencies of the Ministry of Transport adjust the financial plan, adjust the contract of investment project to upgrade the route Phap Van - Cau Gie as appropriate.

According to the plan submitted to the Ministry of Transport, by 2021 will start to increase fares back with an increase of 18% and then every 3 years increase once, each increase of 18%.

BOT representative of Cau Gio BOT project said that the reduction was calculated based on the tank flow.

The decrease is evenly calculated at 25%. Accordingly, the car under 9 seats will go off the route from 45,000 VND / passage will be reduced to 35,000 VND / pass.

According to the representative of the investor, if the fee is not reduced, the charging time can be reduced to 11 to 12 years. However, with the increase in vehicle volume, the fee will be reduced. about 17 years.

VietNamNet

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