1. Project Name: The High Road No 1

2.  Investors  interested  in:  620  Chau  Thoi Concrete JS Corporation.

3. Total estimated investment: 716 million USD

4. Estimated size, capacity, location, construction area, the work item, the demand for land use:

- Location: District 1, 3, Phu Nhuan, Tan Binh.

- Alignment of intersections Lang Cha Ca (Republican - Bui Thi Xuan) - Bui Thi Xuan - Nhieu Loc - Thi Nghe - Nguyen Huu Canh.

- About 10.8 km length, 17.5 m wide with 04 lanes of 3.5 m.

- Construction of four interchanges.

5. Compatibility of the project with other fields, project selection criteria:

The construction of the High Road No. 1 is to improve the road network overhead of Ho Chi Minh City, suitable with the planning.

6. Analysis, preliminary selection of technologies and technical conditions:

6.1. Selection structures (viaducts):

a/ Rhythm structure: pre-stressed steel-enforced concrete box girder (strut type) due to advantages in transportation ,assembly, and economy.

b/ Foundation structure, abutment: Choose solution foundation cast-in-situ concrete pile for the abutment because most projects go through populated areas, ensuring both construction and traffic. In order to minimize the impact to the residential construction stakes, to avoid impacts on the environment, bridge pier has T cross- section shape.

6.2. Provide materials and equipment: To prioritize the use of domestic materials and equipment manufacturing; just import the equipment can not be produced domestically.

6.3.  Estimated  occupied  area:  approximately 189,000 m2 (of which 61,100 m2 ground clearance)

7. Estimated construction progress: The construction schedule for about 4 years.

8. Preliminary determination of prices, costs of goods and services expected revenues from the exploitation of works under current regulations:

The payback of construction capital goes through the exploitation of works (transportation fee, advertising fee, providing services along ...) and other exploitation of the land.

9. Preliminary determination of the State participation and propose incentives and mechanisms to ensure the investment of the project:

- State Capital participation: 30% of Capital, Investors: 70% (specific rate depending on the results of the project’s research)

- The Government support for the investor:

+ Land clearance

+ Tax incentives

+ Access to preferential capital in the country and the international financial institutions.

10. Analysis of the overall effectiveness of the project:

- To improve the transportation system within the city, enhance traffic from West to East, contributing to reduced traffic jam.

- Because the city can not afford to make adequate capital so that should be mobilized investment  capital  of  the  enterprise.  Through this investment channels, the city has not only to develop transport infrastructure, but also to promote economic development, create more jobs, in addition, the investor invests to projects of exploiting the land in accordance to master plan which will contribute to accelerating the process of urbanization, improving people’s lives.