A Ho Chi Minh City-based company has proposed developing a 84.5km expressway to connect the city with a neighboring province that borders Cambodia.

The proposed expressway will link a district northeast of the city with Moc Bai International Border Gate in Tay Ninh, Cuu Long Corporation for Investment Development and Project Management of Infrastructure said in a proposal submitted to the Ministry of Transport.

The project is expected to cost nearly VND30 trillion ($1.37 billion) and will be developed in the BOT (Build-Operate-Transfer) form, the company said.

The project's investment capital will come from many sources, including Official Development Assistance (ODA) and loans from the Asian Development Bank, according to the company. The expressway is expected to run from the Thu Duc Crossroads in Thu Duc District to the intersection between National Highway 22 and Provincial Road 786 in Tay Ninh’s Ben Cau District  The future road will connect the Moc Bai border gate with the city’s belt ways 3 and 4, creating an uninterrupted traffic system, the company said. The expressway will be 17-24.5 meters wide for four lanes and vehicles can run at 100 kph, according to the project. If approved by the ministry, the project can be started in the first quarter of 2018 and is expected to be completed in the first quarter of 2021, according to the company. Upon completion, the expressway will also serve as a major entrance to the city, contribute to boost the social and economic development of the city, Tay Ninh and other localities, the company added.

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