Non-stop toll collection on BOT highways stutters

Non-stop toll collection on BOT highways stutters

HÀ NỘI — All build-operate-transfer (BOT) highways across Việt Nam are scheduled to use electronic toll collection systems by the end of this year, but many seem set to fall short of the goal.

In  二0 一 七, the Government assigned the Ministry of Transport to run a project on automated non-stop toll collection at all the BOT highways it oversees.

The two-phased project aimed to deal with  七 七 toll stations and it was targeted that by the end of last year, all stations would use electronic toll collection (ETC). However, the deadline was missed.

Now, only  四0 out of  四 四 toll stations in the first phase of the project have installed and used ETC. In the first phase, the project was implemented by Việt Nam Electronic Toll Collection Company (VETC), dealing with  四 四 stations including  二 六 stations on National Highway No  一 and on part of HCM Highway in the Central Highlands region and another  一 八 stations on national highways and expressway across the country.

In the second phase, after opening the bidding, the Ministry of Transport chose Viettel and some other companies to implement the project which would deal with  三 三 stations.

According to the ministry,  in the first phase of the project, VETC lacked funding to invest in ETC systems for toll stations. In the second phase, the difficulty was forming a joint venture company with agreement from all involved parties.

To solve the difficulty, Viettel and involved companies negotiated and agreed to form a joint venture company with  八 六 per cent of its capital contributed by Viettel and the remaining  一 四 per cent of its capital from partners.

Nguyễn Viết Huy, vice head of the Public-Private Partnership Department under the Ministry of Transport, said the joint venture company led by Viettel was a necessary move allowing them to join the automated non-stop toll collection project.

“As Viettel is one of the leading information and technology companies in Việt Nam, it’s reasonable to believe the non-stop toll collection project will meet its deadline this year,” he said. – VNS