Dong Nai approves assigning a consortium of 4 investors to propose the elevated road project along National Highway 51.

(DN) - Vice Chairman of the Provincial People's Committee Ho Van Ha signed and issued Document No. 8524/UBND-KTN (dated June 26, 2025) of the Provincial People's Committee on approving the investor's proposal for the elevated road project along National Highway 51 from Vung Tau intersection to the intersection of Vo Nguyen Giap Street with Bien Hoa - Vung Tau Expressway under the public-private partnership (PPP) method.

The consortium of 4 investors was approved by the Provincial People's Committee to propose the project of an elevated road along National Highway 51 under the PPP method. Photo: document

Accordingly, after considering the proposal of the Department of Finance, the Chairman of the Provincial People's Committee approved the assignment of the consortium of investors including: 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) as the investor to prepare the proposal for the elevated road project along National Highway 51 from Vung Tau intersection to the intersection of Vo Nguyen Giap Street with Bien Hoa - Vung Tau Expressway under the PPP method. The deadline for submitting the pre-feasibility study report is the end of July 2025. The agency in charge of receiving the dossier is the Department of Finance.

According to this document, the investor proposing to prepare the project shall bear all costs and risks in case the project proposal is not approved. The consortium CII - CII Service - IMIC - FIDECO is responsible for coordinating with relevant agencies to complete the project pre-feasibility study report in accordance with the provisions of the law on construction and other relevant regulations for submission for appraisal as prescribed.

The Provincial People's Committee also assigned the Department of Finance to preside over and guide the CII - CII Service - IMIC - FIDECO Joint Venture to complete the project's pre-feasibility study report and advise the Provincial People's Committee to submit it to competent authorities for approval according to regulations.

Previously, the Provincial Party Committee proposed that the Provincial Party Committee Standing Committee select the ward to invest in the section from Vung Tau intersection to the intersection between Vo Nguyen Giap Street and Bien Hoa - Vung Tau Expressway, connecting directly with Huong Lo 2 for the elevated road project along National Highway 51. The project is proposed to be invested in the form of PPP, BOT contract with a total estimated investment of more than 14.7 trillion VND.

The elevated road project along National Highway 51 proposed by the investor has a total route length of about 5.5 km, the length of the overpass is more than 4.6 km, synchronous investment in construction of Vung Tau intersection, Gate 11, intersection with Bien Hoa - Vung Tau Expressway and Huong Lo 2 intersection.

Pham Tung

Source: https://baodongnai.com.vn/tin-moi/202507/dong-nai-chap-thuan-giao-lien-danh-4-nha-dau-tu-lap-de-xuat-du-an-duong-tren-cao-doc-quoc-lo-51-526024d/