Many toll stations will be removed.

August 3, 2012 22:34

The Road Maintenance Fund will officially operate on January 1, 2013 and the transport sector is planning to abolish many toll stations.



Illustration photo.

Deputy Minister of Transport Nguyen Hong Truong recently chaired a meeting to specifically review the list of all toll stations, and proposed a list of toll stations to be removed.


According to the published list, the stations that the Ministry of Transport will propose to eliminate from January 1, 2013 include: 7 stations subject to budget collection: Cau Luong Station (Km93+190 QL1), Ba Che (QL18), Go Dau (Km41 QL22A), Trung Ha Bridge (Km63 QL32), Binh Bridge (Km17 QL37), Lo Te (Km65 QL80), Number 14 (QL14). On this occasion, it will also propose to eliminate the Madrak station (Km62 QL26) - which will complete debt collection and repayment according to Document No. 3170/KTN by the end of July 2012.

Thus, for the toll stations that pay the budget, 7/12 stations will almost certainly be abolished on January 1, 2013. Cam Thinh Station (QL1) is one of the 12 toll stations that pay the budget, but it is expected to be handed over to the BOT investor of the Highway 1 bypass expansion project from Phan Rang City to Thap Cham in August 2012. The remaining 4 toll stations that pay the budget are expected to be handed over to the BOT investor: Cau Gianh QL1 Station, Dong Ha QL1 Station, Phu Bai QL1 Station, My Thuan QL1 Station. For these 4 stations, the Ministry of Transport will request the Ministry of Finance to temporarily stop collecting tolls on January 1, 2013.


Of the 5 stations repaying loans according to Document No. 3170/KTN (including: Bac Hai Van QL1 Buon Ho QL14; Nhon Tan, Kdang QL19; Madrak QL26), the Madrak QL26 station will repay the loan in July 2012 and will be immediately eliminated. For the remaining 4 stations, the project debt is about 200 billion VND, the Ministry of Transport plans 2 solutions. Option 1 is to eliminate the loan after repayment (no later than the end of 2015). Option 2 is to eliminate it immediately on January 1, 2013 and propose to arrange budget money to repay the remaining 200 billion VND.


With 5 stations currently selling toll collection rights, namely Nam Cau Gie National Highway 1, Hoang Mai National Highway 1, Bai Chay National Highway 18, Ban Thach National Highway 1, and Number 2 National Highway 1, it is expected that the stations will stop collecting and be removed when the contract for selling toll collection rights expires, or will be handed over to BOT investors for the National Highway 1 expansion project (expected in 2015).


There are currently 57 toll stations on the national highway and expressway system. According to the classification of the Vietnam Road Administration, at this time there are 12 stations paying the budget, 5 stations repaying loans according to Document 3170/KTN dated June 25, 1997 of the Prime Minister, 5 stations selling toll collection rights, 29 stations collecting tolls to recover capital for BOT projects, 4 stations collecting tolls to support capital for BOT projects, 1 station collecting tolls to form charter capital for CIPM Cuu Long, 1 station collecting tolls to recover capital for expressways.

According to PhapluatVN-M

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Many toll stations will be removed.
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