New service fee needed to meet road maintenance costs: ministry – VnExpress International


New service fee needed to meet road maintenance costs: ministry  New service fee needed to meet road maintenance costs: ministry - VnExpress International caotoc277315936976403669148806 8235 1130 1601690643

A section of the Trung Luong – Ho Chi Minh City Expressway in southern Vietnam. Photo by VnExpress/Quynh Tran.

The Finance Ministry says a new service fee has to be levied to make up a major shortfall in meeting expressway maintenance costs.

It says that state coffers can only cover 35-40 percent of the VND830 million ($35,700) needed to maintain each kilometer of expressways in the country.

Given the budgetary constraints for maintaining them, the quality of expressways in the country could deteriorate quickly, the ministry says in a recent report.

The country also needs more investment in expressways as the current total length of nearly 969 kilometers is only 15 percent of the 6,411-kilometer target set for 2030.

Building a kilometer of a typical four-lane and six-lane expressway costs around VND130 billion and VND190 billion, respectively.

This requires a new service fee charged on expressways built with public funding, the ministry said.

With 196 kilometers of expressways built with public funds, a proposed service fee of VND1,000 per kilometer will add VND2.14 trillion annually to the state coffers.

However, the ministry also acknowledged that such a fee could prove unpopular among road users who are already paying road maintenance fees to the government and tolls to private road builders.

e.VnExpress

What's Your Reaction?

Cry Cry
0
Cry
Cute Cute
0
Cute
Damn Damn
0
Damn
Dislike Dislike
0
Dislike
Like Like
0
Like
Lol Lol
0
Lol
Love Love
0
Love
Win Win
0
Win
WTF WTF
0
WTF

Comments 0

Your email address will not be published. Required fields are marked *

New service fee needed to meet road maintenance costs: ministry – VnExpress International

log in

Become a part of our community!

reset password

Back to
log in
error: Content is protected !!
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Open List
Open List
Ranked List
Ranked List
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF