Dong Nai approves business to set up elevated road project along National Highway 51

Vice Chairman of Dong Nai Provincial People's Committee Ho Van Ha has just signed Document No. 8524/UBND-KTN approving the Joint Venture of 4 investors to prepare investment proposal documents for the elevated road project running along National Highway 51 (from Vung Tau intersection to the intersection of Vo Nguyen Giap Street with Bien Hoa - Vung Tau Expressway).

The consortium assigned to carry out the Pre-Feasibility Study Report includes: Ho Chi Minh City Technical Infrastructure Investment Joint Stock Company; CII Infrastructure Services Company Limited; IMIC Infrastructure Construction Joint Stock Company; Ho Chi Minh City Foreign Trade and Investment Development Joint Stock Company, (CII - CII Service - IMIC - FIDECO Consortium).

A section of Ring Road 3, the section connecting Ho Chi Minh City with Dong Nai, is being built in an elevated direction.

The consortium of investors is responsible for completing the Pre-Feasibility Study Report and submitting the application in July 2025. The Dong Nai Provincial Department of Finance is the agency assigned to receive the application and guide the investor to carry out the next procedures.

Dong Nai Provincial People's Committee noted that when preparing documents, the Investor Consortium must fully comply with construction laws and other relevant regulations.

In particular, in the document, the People's Committee of Dong Nai province clearly stated that the investor proposing the project must bear all costs and risks if the application is not approved.

Previously, Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), representing the investor consortium, had made a preliminary proposal and worked many times with departments and branches of Dong Nai Provincial People's Committee to complete the plan.

According to the preliminary plan proposed by CII, the 5.5 km long elevated road runs along National Highway 51, from the Vung Tau intersection to the intersection of Vo Nguyen Giap Street with Bien Hoa - Vung Tau Expressway.

It is expected that the elevated road will have 6 lanes, while the lower road will retain its current 8 lanes, bringing the total number of lanes to 14.

CII assessed that the elevated road construction option is optimal because it minimizes the need for site clearance and facilitates construction. In addition to investing in the elevated road, the investor will also invest in a number of major intersections on the route.

The project is proposed by the investor to be invested in the form of PPP, BOT contract with a total estimated investment of more than 14,700 billion VND.

Source: https://baodautu.vn/dong-nai-chap-thuan-cho-doanh-nghiep-lap-du-an-duong-tren-cao-doc-quoc-lo-51-d319573.html