Economy Deputy PM approves road toll cut

20:48 | 06/08/2016 Finance Follow english.haiquanonline.com.vn on

Deputy Prime Minister Vương Dinh Hue has approved a proposal by the Ministry of Finance (MoF) to reduce road tolls for a number of vehicles to ease the burden of transportation enterprises.

A section of the Ho Chi Minh –Long Thanh – Dau Giay Expressway running through HCM City. - VNA/VNS Photo Mạnh Linh

A 10-15 per cent toll reduction will be applied to trucks weighing over 10 tonnes, and container trucks with capacities of 20 to 40 feet.

This reduction will take place at 29 toll booths out of the 45 booths currently operating across the country.

Road tolls for cars and coaches with under 30 seats, buses, and trucks weighing from two to four tonnes in five toll booths will be slashed by 10-20 percent.

These booths include two booths on National Highway 5, two booths on National Highway 1 at Ben Thuy Bridge, Nghe An Province, and Cau Gianh booth in Quang Binh Province, which currently apply the highest charges.

Deputy PM Hue also agreed that tolls applied at booths, which started operation before 2014 and are located on roads without any new expansions or upgrading projects would not be increased this year.

Only tolls on roads having new projects are allowed to increase but the rates must not be higher than the new reduced rates just agreed upon by the Deputy PM.

The Deputy PM told the MoF to discuss with road investors for a common roadmap of charge adjustments in conformity with each road building project. The ministry is also asked to soon issue a circular on this matter which will take effect immediately after issuance.

Source: VNS

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