Suspension of BOT toll stations on National Highway 1K

The 1K National Highway BOT toll station stopped working but the driver still stops to buy tickets

As noted by the reporter of Dong Nai reporter, at the above time, 1K Highway BOT Co., Ltd. (the unit that manages and operates the 1K National Highway BOT Toll Station) simultaneously opened all bars at the toll station. However, many drivers do not acknowledge this information so they still stop to buy tickets. Traffic inspection force of Road Administration IV (Directorate for Roads of Vietnam) was present to regulate and guide the vehicle through smoothly. The reason for this situation is that the operator of the toll station is late giving instructions and notices on the suspension of the operation of the 1K National Highway BOT Collection Station for the vehicle owners.

According to the explanation of 1K National Highway BOT Co., the suspension of fee collection directed by Directorate for Roads of Vietnam is seriously violated the contract signed by Ministry of Transportation and the investor. Therefore, after the toll collection is suspended here, the investor will not be responsible for the traffic safety, maintenance and warranty for all items of the renovation project. To upgrade national highway 1K.

It is known that the BOT project to upgrade and renovate 1K national highway in the provinces of Dong Nai, Binh Duong and Ho Chi Minh City is carried out by the project enterprise of 1K Highway BOT Co., Ltd. and a joint venture between 5 investors. Under the original contract signed 14 years ago, the project has a total investment of VND 397 billion, including 2 main items, a section with a length of 10.5 km with a construction value of VND 281.9 billion and to build a new Hoa An bridge. The initial goal of the project is to start construction in June 2003 and be completed after 36 months of construction, with a total investment of over VND 397 billion. The project investment fund will be recovered through toll stations within 17 years, of which the payback period is 14 years, collected through Dong Nai station on October 22, 2007 and Binh Duong station on February 28, 2008.

Thanh Hai