Africazine:
A significant infrastructure project is on the horizon for Ho Chi Minh City, Vietnam.
A conglomerate has proposed a public-private partnership project requiring an investment of about VND 92.7 trillion (nearly USD 3.7 billion). This ambitious plan aims to create a sea route that connects Ho Chi Minh City to Vung Tau, significantly reducing travel time.
Massive Investment for Ho Chi Minh City Sea Route
The proposed project will utilize a build-transfer (BT) contract model. It involves mobilizing all funding, including approximately VND 12.5 trillion in equity and about VND 70.9 trillion in commercial loans. The route will stretch approximately 14.06 km, featuring six traffic lanes designed for speeds of 80 km/h.
Construction includes a 7.97-km sea bridge, a 3.1-km undersea tunnel, and around 2.99 km of connecting roads. Additionally, two artificial islands will be constructed at the transition point between the bridge and tunnel.
Ho Chi Minh City: Key figures on Sea Route Project
- VND 92.7 trillion (nearly USD 3.7 billion)
- VND 12.5 trillion in equity
- VND 70.9 trillion in commercial loans
- 14.06 km long route
- 7.97 km sea bridge
- 3.1 km undersea tunnel
- 2.99 km of connecting roads
- Construction start: second quarter of 2026
- Completion: first quarter of 2029
Enhancing Connectivity and Reducing Travel Time
This project aims to create a direct transport corridor between Ho Chi Minh City and Vung Tau, cutting travel time to approximately 15-20 minutes. It is expected to alleviate traffic congestion on National Highway 51 and enhance connectivity with the Cai Mep-Thi Vai Port Complex.
Officials believe this initiative will strengthen the transport network in Vietnam’s southeastern region and link with major infrastructure projects, including the Ben Luc-Long Thanh Expressway and the Bien Hoa-Vung Tau Expressway.
Next Steps for the Sea Route Project
- Awaiting approval from the People’s Committee of Ho Chi Minh City
- Construction to begin in the second quarter of 2026
- Completion targeted for the first quarter of 2029
This project represents a transformative step in enhancing Vietnam’s transport infrastructure.
