The expressway is expected to cost VND6.15 trillion (US$276 million) including land acquisition.
To recoup the investment, Thang Long is seeking the right to collect toll of VND1,500 (0.07 US cent) per kilometre on the expressway for 20 years and six months and on the HCM City-Trung Luong Expressway or four years and 11 months starting in 2030.
If approved, construction will begin this year and be finished by mid-2019.