The Ministry of Transport of Vietnam has signed a contract with a consortium of five companies to build the Dien Chau-Bai Vot section of the North-South expressway under a public-private partnership arrangement (PPP). The contract is to Build-Transfer-Operate (BOT) 50-kilometers expressway, which crosses two provinces of Nghe An (44.4 kilometers) and Ha Tinh (4.9 kilometers). The project will have four lanes and an average speed of 80 km/hour. The winning consortium consists of the following local investors:

• Hoa Hiep
• CIENCO4
• Nui Hong Investment
• Truong Son Investment
• VINA2 Investment and Construction

The estimated investment capital of the project is VND11.15 trillion (US$481.4 million), from which the consortium would mobilize VND5.1 trillion (US$220.2 million), while the state funds VND6.06 trillion (US$261.6 million). The construction is expected to take up to 3 years with a concession period of 16 years and 6 months.