From the end of December, there will be 48 BOT toll stations increasing prices

The competent State management agency has just approved the plan to increase ticket prices for 44 BOT projects, effective from 0:00 on December 29, 2023.

The Department of Roads has just issued a written notice agreeing to allow investors to increase BOT road fees at 44 projects with a total of 48 toll stations managed by this agency. The new fee increase applies from 0:00 on December 29, 2023. The Department of Roads assesses that the above BOT fee increase will increase transportation costs (freight rates) by about 0.2 – 1.4% compared to the current fee level, this increase rate will have an insignificant impact on Consumer price index.

In addition, there are 3 projects that do not increase fees, including BOT National Highway 14 (Ho Chi Minh Road) through Dak Lak province, BOT renovating and upgrading National Highway 38 connecting National Highway 1 with National Highway 5 (connecting Bac Ninh and Hai Duong provinces). ), BOT project to expand National Highway 1 section Phan Rang – Thap Cham (Ninh Thuan province).

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In 2016, the Government requested not to increase fees for BOT projects. Therefore, from 2016 until now, no BOT project has had fees increased, while according to the BOT contract, investors are allowed to increase fees every 3 years, with an average increase of 6%/year (ie each time increases by 18%). In particular, some projects have reached the second adjustment period, but have not received an increase, so affecting the project’s financial plan and ability to pay back capital.

The Department of Roads also requires investors and project enterprises to publicly announce and post prices, the time to apply new prices according to regulations, and list regulated prices and fees for public products and services. at the location of providing public products and services according to the provisions of law on prices and fees.

After completing the ticket price adjustment procedures, coordinate with toll collection service providers to continuously adjust and increase road service prices at the right price, at the right time, and carry out toll collection work. Road use services according to regulations.

Previously, the Vietnam Expressway Development Investment Corporation also had a document petitioning the Ministry of Transport to allow toll increases for 4 currently operating expressways managed by the unit, including: Cau Gie Expressway. – Ninh Binh, Noi Bai – Lao Cai expressway, Ho Chi Minh City – Long Thanh – Dau Giay expressway, Da Nang – Quang Ngai expressway.

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