The Ho Chi Minh City Traffic Construction Investment Project Management Board (Traffic Board) has just reported to the Ho Chi Minh City People's Committee on the situation of organizing the survey and evaluating the investor's interest records for the Component 1 Project of the Ho Chi Minh City - Moc Bai Expressway (Phase 1).
The Transport Department said it has posted the survey documents on investors' interest in the Project on the national bidding network from March 20, 2025 and the bidding will close on May 5, 2025.
The results of the opening of the expression of interest (E-HSQT) show that there are 4 investors and a consortium of investors submitting applications, including: Cienco4 Group Joint Stock Company (Vietnam); Consortium of Construction Investment Corporation 194 Joint Stock Company and Lizen Joint Stock Company (Vietnam); Consortium of CRBC-CTG (China Road and Bridge Corporation - Metro Star Investment Joint Stock Company); China Harbour Engineering Company Limited (China).
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| Perspective of Ho Chi Minh City - Moc Bai highway. |
After conducting the bidding and requesting investors to clarify their experience in implementing the project, on May 27, 2025, the Traffic Department completed the assessment of the investors' capacity and experience. The results showed that no investors met the requirements according to the criteria set out in the survey documents.
Specifically, Cienco 4 did not meet the requirements for financial capacity and experience. The remaining consortiums, including CRBC-CTG, Consortium 194 - Lizen and China Harbour Engineering Company Limited, all failed because the investors' capacity and experience did not meet the requirements.
Therefore, in order to attract more investors who meet the requirements to participate in the Project, the Traffic Committee recommends that the Ho Chi Minh City People's Committee consider allowing the Committee to continue to reorganize the notice inviting interest surveys for Component 1 of the Project according to the new regulations in Decree 71/2025/ND-CP (amending and supplementing Decree 35/2021/ND-CP).
In which, the criteria on minimum number of projects, project classification, project conversion methods and forms are adjusted to be more suitable to reality and increase the ability to attract investors.
Phase 1 invests in 4 lanes, design speed 120 km/h. Preliminary total investment of the Project is 19,617 billion VND, invested in the form of PPP (BOT Contract).
Of which, the capital that the investor is responsible for arranging is 9,943 billion VND. The State capital participating in the Project is 9,674 billion VND (Central budget 2,872 billion VND; Ho Chi Minh City budget 6,802 billion VND).
Source: https://baodautu.vn/bon-nha-dau-tu-tham-gia-du-an-cao-toc-tphcm---moc-bai-khong-dat-yeu-cau-d314118.html
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