Dong Nai province approves a project by a business to build an elevated road along National Highway 51.

The Vice Chairman of the People's Committee of Dong Nai province, Ho Van Ha, recently signed document No. 8524/UBND-KTN approving the proposal from a consortium of four investors to develop an investment plan for an elevated road project running along National Highway 51 (section from Vung Tau intersection to the intersection of Vo Nguyen Giap road with the Bien Hoa - Vung Tau expressway).

The consortium assigned to conduct the pre-feasibility study report includes: Ho Chi Minh City Infrastructure Investment Joint Stock Company; CII Infrastructure Services One-Member Limited Liability Company; IMIC Infrastructure Construction Joint Stock Company; and 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 part bordering Ho Chi Minh City and Dong Nai province, is being constructed as an elevated road.

The consortium of investors is responsible for completing the pre-feasibility study report and submitting the application by July 2025. The Department of Finance of Dong Nai province is assigned to receive the application and guide the investors through the subsequent procedures.

The People's Committee of Dong Nai province noted that when preparing the application, the consortium of investors must fully comply with all legal regulations on construction and other related regulations.

Specifically, the document from the People's Committee of Dong Nai province clearly states 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 consortium of investors, had submitted a preliminary proposal and held numerous meetings with departments and agencies of the Dong Nai Provincial People's Committee to finalize the plan.

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

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

CII assesses that the elevated road construction option is optimal because it minimizes the need for land acquisition and facilitates construction. In addition to investing in the elevated road, the investor will also invest in several major interchanges along the route.

The project is proposed by the investor to be implemented under the PPP model, specifically a BOT contract, with a total estimated investment of over 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