Rach Chiec Bridge toll kicks off April 1

March 05, 2013 | 08:57

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HCMC Infrastructure Investment JSC (CII) will be allowed to collect toll fees of the Rach Chiec Bridge project on Hanoi Highway from April 1 in line with a toll collection plan approved by the city’s People’s Council last Friday.

Collecting fees for recovering the cost of building the Rach Chiec Bridge will be carried out from midnight on April 1.

The city’s People’s Council also agreed to stop toll collection of the Dien Bien Phu Street and Kinh Duong Vuong Street projects at the Hanoi Highway station at the same time.

A number of delegates at the meeting complained that the current fee level is still low. Regarding this, Tat Thanh Cang, director of the municipal Department of Transport, ascribed the low fee to the current economic woes.

Having poured VND1 trillion into constructing the Rach Chiec Bridge, CII has won the right to collect road fees at the Hanoi Highway station. After completing the fee collection, the station on Hanoi Highway will continue collecting fees to refund the Hanoi Highway widening project which CII is being involved in, with the collection period slated until January 2051.

SGT

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