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The Ministry of Transport (MOT) of the Government of Vietnam (GOV) is responsible for the development of expressways and highways in Vietnam. As a part of this endeavor of the MOT, the Dau Giay Phan Thiet Expressway (DPEP) is proposed to be developed as a pilot project through the PPP model on a Design, Build, Finance, Operate, Maintain and Transfer (DBFOT) basis. MOT has decided to award the development of the Dau Giay-Phan Thiet Expressway Project (the “Project”) to a group of entities (the “Consortium”). Of the group of entities, M/s BITEXCO has been appointed as the first investor (the “First Investor”).

DPEP is proposed on a new alignment as a 4 lane expressway with a length of approximately 98.7 kms and passes through the Dong Nai and Binh Thuan provinces. It is a critical link in the GOV’s long term expressway development program.
DPEP is a section of the North-South Expressway, with the following specific connecting points.
    Beginning Point: Connecting with Ho Chi Minh – Long Thanh – Dau Giay Expressway, at Km 43+125,64 - Dong Nai province;
    End Point: On Highway 1A to My Thanh (at a distance of approximately 2.58 km from Highway 1A) – Binh Thuan Province; and
    Control Points: Connecting to NH56 at Km 5+200, intersecting with the local road leading to Suoi Vong stream at the location 5.6km from Highway 1A. Intersecting with PR 765 at the location 2.5km from Highway 1A towards the north of Gia Mang Lake. Intersecting with Highway 1A at Km 1791+450, to Xuan Tam – Tran Tao road at the location 2.35km from Highway 1A. The expressway continues traverse towards the north of Suoi Oi Lake, crossing Song Gieng lake, reaching the north of Tan Duc industrial zone, connecting to PR 720 at the location 2.85km from Highway 1A, then to NH55 at location 3.9km from Highway 1A, going further to the downstream of Ta Mon lake in Tan Lap commune in the south of Ta Mon cemetery (150m from the cemetery), then moving to the south of Du lake and going parallel with Highway 1A to the end of the project.

The proposed DPEP will operate as a closed toll system in which all the toll gates are proposed to be located at all entrances and exits. The toll structure will be distance based and segregated by vehicle types. The following map shows the location of the proposed DPEP, connectivity with Ho Chi Minh City and its linkage with the North-South Expressway network.

The Dau Giay-Phan Thiet Expressway is a critical link to the national North-South Expressway corridor of Vietnam. Spanning approximately 100 kilometers, the four-lane highway will link two key cities -- Ho Chi Minh City with PhanThiet City in the country’s southern region. Targeted for completion in 2019, the expressway will reduce traveling time substantially between Ho Chi Minh City and destinations of important industrial development as well as tourist attraction in the central and coastal areas.

Costing an  over US$757 million to construct, the Dau Giay-Phan Thiet expressway traverses provinces such as Dong Nai and BinhThuan, which are the growth engines of Vietnam.  Other major infrastructure projects such as airports, seaports and railway networks are also being developed and will boost economic activity in the influenced areas of the expressway. Site clearance, compensation, resettlement, and other ground work will be financed and executed by the state.

The shareholders have a 30-year concession to operate the expressway, after which it will be handed to the Ministry of Transport of Vietnam.