Over 6,200 billion VND to build Hoa Ninh Industrial Park; 3,200 billion VND to upgrade Phu Cat airport

Da Nang invests over 6,200 billion VND to build Hoa Ninh Industrial Park; Binh Dinh spends over 3,200 billion VND to upgrade Phu Cat Airport...

Over 6,200 billion VND to build Hoa Ninh Industrial Park; 3,200 billion VND to upgrade Phu Cat airport

Da Nang invests over 6,200 billion VND to build Hoa Ninh Industrial Park; Binh Dinh spends over 3,200 billion VND to upgrade Phu Cat Airport...

Those were two of the notable investment news stories of the past week.

Investing nearly 3,732 billion VND to build Dong Phuc Industrial Park, Bac Giang province

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 258/QD-TTg dated February 10, 2025 on the investment policy for the project to invest in construction and business of infrastructure of Dong Phuc Industrial Park, Bac Giang Province (Project).

The decision clearly states that the investor of the Project is Dong Phuc Industrial Park Infrastructure Development Joint Stock Company.

The project to invest in construction and business of infrastructure of Dong Phuc Industrial Park, Bac Giang province has an area of 354.63 hectares. Illustrative photo.

The project area is 354.63 hectares. The investment capital of the project is about 3,731.713 billion VND, of which the investor's capital contribution is about 559.757 billion VND. The project's operating period is 50 years from the date of the decision on land allocation, land lease, and land use purpose change.

The project is implemented in Dong Phuc and Tu Mai communes, Yen Dung district, Bac Giang province.

The People's Committee of Bac Giang province directed the Management Board of Industrial Parks of Bac Giang province to specify the project implementation progress in the Investment Registration Certificate, but not exceeding 48 months from the date of decision on land allocation, land lease, and change of land use purpose.

According to the Decision, the Ministry of Planning and Investment is responsible for the assigned contents of project investment policy appraisal and state management of industrial parks in accordance with the provisions of the law on investment and relevant laws.

Relevant ministries and branches are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the law on investment and relevant laws.

The Ministry of Natural Resources and Environment is responsible for appraising the environmental impact assessment report of the project in accordance with the provisions of environmental law, in which attention is paid to the discharge of waste from Dong Phuc Industrial Park and the environmental protection work of the investor during the implementation of the project, ensuring compliance with water resources planning and not affecting the water source of Cau River.

Officially disbursed 2,500 billion VND credit capital for Huu Nghi - Chi Lang expressway

The signing of a credit contract worth VND2,500 billion by TPBank and Huu Nghi - Chi Lang Expressway Joint Stock Company will help remove credit bottlenecks for the Huu Nghi - Chi Lang Border Gate Expressway PPP Project.
This was affirmed by Mr. Luong Trong Quynh, Vice Chairman of Lang Son Provincial People's Committee at the signing ceremony of the Credit Contract for the PPP Project to invest in the construction of the Huu Nghi - Chi Lang border gate expressway between Huu Nghi - Chi Lang Expressway Joint Stock Company and Tien Phong Commercial Joint Stock Bank (TPBank) taking place in Hanoi this afternoon.

Scene of the credit contract signing ceremony for the PPP project to invest in the construction of the Huu Nghi - Chi Lang border gate expressway.

“As a competent State agency, we highly appreciate the spirit of cooperation between TPBank and Huu Nghi - Chi Lang Expressway Joint Stock Company in arranging credit capital for the Project. Along with creating all conditions for investors and contractors to open the Huu Nghi - Chi Lang Expressway by the end of 2025, Lang Son Provincial People's Committee will continue to propose the Government to consider increasing the State capital participation from 49% to about 70% of the total investment, contributing to improving the financial plan of the Project", Mr. Luong Trong Quynh affirmed.

The leaders of Lang Son province also committed to working with the Ministry of Transport and investors to implement plans to improve traffic flow on the Bac Giang - Lang Son expressway as well as the Huu Nghi - Chi Lang expressway when this project is put into operation and capital is recovered in 2026.

“We highly appreciate the capacity of Deo Ca Group - the leading investor consortium in resolving difficulties and obstacles in the Bac Giang - Lang Son Expressway BOT Project as well as in the PPP investment in the construction of the Huu Nghi - Chi Lang border gate expressway. Recently, the province has also proposed to the Prime Minister to assign Deo Ca Group to study and invest in the Lang Son - Thai Nguyen expressway under the PPP method,” Mr. Luong Trong Quynh informed.

It is known that, based on the appraisal and announcement of credit granting for capital funding; the significance and importance of the Huu Nghi - Chi Lang border gate expressway construction investment project, especially the capacity of investors participating in the project, TPBank has officially signed a credit contract with a total committed loan capital of 2,500 billion VND.

A representative of Huu Nghi - Chi Lang Expressway Joint Stock Company said that, along with clearing the credit flow for the Project, the credit contract with TPBank not only demonstrates trust, but also affirms the responsibility of the parties in promoting the development of transport infrastructure, making an important contribution to the economic development of the Northern border gate area.

At the same time, this is also a premise for businesses to continue solving the problem of capital mobilization for PPP projects in economic areas with many challenges.

According to Mr. Do Minh Phu, Chairman of TPBank, in the recent past, this bank has sponsored about 7,000 billion VND in credit capital for BOT traffic projects, of which the two largest loans are for the North-South Expressway BOT Project, Eastern section, Cam Lam - Vinh Hao and the PPP Project to invest in the construction of the Huu Nghi - Chi Lang border gate expressway.

Both of these projects are invested by Deo Ca Group, in which the Cam Lam - Vinh Hao expressway currently has very good revenue.

“BOT road projects are a risky investment field due to the long payback period, and financial plans are affected by many objective factors, making banks always hesitant to lend. TPBank participates in financing transport infrastructure projects, including the Huu Nghi - Chi Lang Expressway, both as a responsibility of a national enterprise and because of its great trust in Deo Ca Group, although it has only met Mr. Ho Minh Hoang directly 3 times,” said Mr. Do Minh Phu.

Investing in a highway must ensure that the highway lives. The cash flow of the project comes from the flow of people and vehicles. The Huu Nghi - Chi Lang project will only be successful when there is joint efforts and consensus of all parties, TPBank leaders affirmed, only the close combination with a strategic belief between the three parties: the State, investors and banks will certainly bring "sweet fruit" to all parties in this highway project with a payback period of nearly 22 years.

According to Mr. Ho Minh Hoang - Chairman of Deo Ca Group, today's results are thanks to the attention of General Secretary To Lam, Prime Minister Pham Minh Chinh and other Party and State leaders who have always cared, trusted and created conditions for private enterprises and commercial banks to join hands in developing and contributing to the cause of national construction.

Recently, Deo Ca Group has been honored to receive the support and attention of the Party and the Government when, right from the beginning of the year, we were entrusted to participate in the social security program through the construction of the Examination and Treatment Department - Quan Ba District General Hospital and the research and construction of the Tuyen Quang - Ha Giang Expressway Phase 2 from Tan Quang to Thanh Thuy border gate. This has demonstrated the recognition and high appreciation of the Party and State leaders for the important role of private enterprises in the country's economy.

During the recent Tet holiday, when directly inspecting key projects that Deo Ca Group participated in building and investing in such as: Huu Nghi - Chi Lang, Dong Dang - Tra Linh, Ho Chi Minh City - Chon Thanh - Thu Dau Mot expressway and recently inspecting Quang Ngai - Hoai Nhon expressway, the Prime Minister directed to basically remove bottlenecks in institutions and credit capital sources.

“From the journey we have gone through, we always keep in mind: Self-reliance - Self-strengthening - National pride is the guiding principle in all activities of Deo Ca. Dedication - Effort - Devotion is the way we contribute to the country, not afraid of hardship, ready to face the most difficult challenges”, said Mr. Ho Minh Hoang.

The Huu Nghi - Chi Lang border gate expressway construction project is 60 km long, with a total investment of more than 11,000 billion VND, passing through the districts of Chi Lang, Cao Loc, Van Lang and Lang Son city.
The project is implemented by the People's Committee of Lang Son province as the competent authority, and the joint venture of Deo Ca Construction Company - Deo Ca Group - Construction Company 568 - Lizen Company as the investor.
Currently, Lang Son province has handed over 392.15/557.82ha of land (equivalent to 70.32%), the land that can be accessed for construction within the handed over area is 355.58 ha/557.82ha (equivalent to 63.76%).
To complete the project on schedule, the contractors mobilized 907 personnel and 439 pieces of equipment to simultaneously deploy on 39 construction sites. The project enterprise aims to open the route in 2025, with an expected output of VND 4,623.53 billion.

Hanoi considers approving the proposal on investment in building 3 large bridges across the Red River.

On the morning of February 11, Chairman of the Hanoi People's Committee Tran Sy Thanh chaired the regular online meeting of February 2025 to review a number of contents submitted to the Hanoi People's Council meeting and according to the 2025 Work Program of the Hanoi People's Committee.

The collective leadership of the Hanoi People's Committee at the regular online meeting in February 2025.

Attending the meeting were members of the Standing Committee of the City Party Committee: Permanent Vice Chairman of the Hanoi People's Committee Le Hong Son, Vice Chairman of the Hanoi People's Committee Nguyen Trong Dong, Vice Chairman of the Hanoi People's Committee Duong Duc Tuan; Vice Chairman of the Hanoi People's Committee Vu Thu Ha; Permanent Vice Chairman of the Vietnam Fatherland Front Committee of Hanoi Nguyen Sy Truong.

At the meeting, the Hanoi People's Committee reviewed and approved the Proposal of the Hanoi People's Committee to the Hanoi People's Council for 3 Group A projects including: Investment project to build Tu Lien bridge and the approach roads at both ends of the bridge (from the intersection with Nghi Tam street to the intersection with Truong Sa street); Investment project to build Ngoc Hoi bridge and the approach roads at both ends of the bridge; Investment project to build Tran Hung Dao bridge.

The Hanoi People's Committee also considered and approved the Proposal of the Hanoi People's Committee to submit to the Hanoi People's Council to issue a Resolution on promulgating criteria for deciding on the implementation of bidding to select investors to implement investment projects using land in Hanoi; considered and approved the Proposal of the Hanoi People's Committee to submit to the Hanoi People's Council to issue a Resolution on adjusting the GRDP growth target of Hanoi in 2025.

The meeting also considered and approved the Decision to amend and supplement a number of articles of the Regulations on coordination in managing multi-level business activities in Hanoi issued together with Decision No. 27/2019/QD-UBND dated December 16, 2019 of the Hanoi People's Committee.

In addition, the Hanoi People's Committee considered approving the Decision to promulgate a set of economic and technical norms for public career services using the state budget in the field of Industry and Trade of Hanoi City; considered approving the Program for Investment, Trade and Tourism Promotion of Hanoi City in 2025; considered approving the Decision to promulgate the price frame for management and operation services of apartment buildings in Hanoi City.

Bank proposes to arrange capital for highway expansion worth VND38,693 billion

The investment project to expand the 98km Ho Chi Minh City - Trung Luong - My Thuan expressway with a total investment of up to VND 38,693 billion will be invested under the PPP method, BOT contract type.

“We have sent a proposal to the Ministry of Transport to become the bank to arrange capital for the consortium of investors led by Deo Ca Group to implement the project.   “The investment project to expand the Ho Chi Minh City - Trung Luong - My Thuan expressway,” Mr. Do Minh Phu, Chairman of the Board of Directors of TPBank, confirmed at the signing ceremony of a credit contract worth VND2,500 billion for the Huu Nghi - Chi Lang expressway project on February 10.

A section of the Ho Chi Minh City - Trung Luong highway.

According to Mr. Do Minh Phu, if approved by competent authorities, TPBank will be the focal point to work with other credit institutions (on the basis of joint capital with domestic and international credit institutions) to jointly participate in financing the credit package for the Project when the joint venture investor led by Deo Ca Group is selected as the investor of the Ho Chi Minh City - Trung Luong - My Thuan Expressway expansion investment project.

It is known that Deo Ca Group has been selected by the Ministry of Transport as the investor to propose the investment project to expand the Ho Chi Minh City - Trung Luong - My Thuan PPP expressway with a total estimated investment of VND 38,693 billion, of which the investor's equity is expected to be about VND 5,804 billion (expected 15% of the total investment), loans and other legally mobilized capital is about VND 32,889 billion (expected 85% of the total investment).

The investment in expanding the Ho Chi Minh City - Trung Luong - My Thuan expressway aims to reduce traffic congestion and combine with other traffic projects currently operating in the area to create a complete traffic network in the Southern Key Economic Zone.

The project also contributes to completing the expressway network in the Mekong Delta, contributing to meeting the transportation needs from the Western provinces to Ho Chi Minh City, the Southeast region and other provinces and cities nationwide; creating space and motivation for regional spatial development with a synchronous technical and social infrastructure system, connecting economic centers, international border gates and seaports; improving competitiveness, creating motivation for linkage, promoting regional development cooperation; contributing to ensuring national defense - security, and developing the country's economy.

“Recognizing the significance and importance of the Project, based on the success of Deo Ca Group when it participated in investing and rescuing the Trung Luong - My Thuan Expressway BOT Project (phase 1) which had been stalled for many years and put into effective operation, along with the synchronous connection plan to expand the entire Ho Chi Minh City - Trung Luong - My Thuan Expressway proposed by the Investor, TPBank believes that the Project will be highly effective when implemented,” said the head of TPBank.

As of February 10, TPBank has sponsored about VND8,000 billion in credit capital for BOT traffic projects, including two expressway projects invested by Deo Ca Group: Huu Nghi - Chi Lang and Cam Lam - Vinh Hao.

“BOT road projects are a risky investment field due to the long payback period, and the financial plan is affected by many objective factors, making banks always hesitant to lend. TPBank participates in financing transport infrastructure projects, including the Cam Lam - Vinh Hao and Huu Nghi - Chi Lang expressways, both as a responsibility of a national enterprise and because of its great trust in Deo Ca Group, although it has only met Mr. Ho Minh Hoang directly 3 times,” said Mr. Do Minh Phu.

According to the latest proposal of the investor, the PPP project to invest in expanding the 98 km long Ho Chi Minh City - Trung Luong - My Thuan expressway is divided into 2 component projects.

Component project 1: investment in expanding the Ho Chi Minh City - Trung Luong - My Thuan expressway under the PPP method, including expanding the Ho Chi Minh City - Trung Luong expressway section to 8 lanes and 2 emergency lanes; expanding the Trung Luong - My Thuan expressway section (including the My Thuan 2 bridge expressway section) to 6 lanes and 2 emergency lanes. The total investment is 42,063 billion VND.

Component project 2: Site clearance for the completion phase of 10-12 lanes of the Ho Chi Minh City - Trung Luong expressway section under the public investment method with a total investment of VND 6,968 billion.

Investing nearly 1,800 billion VND to build and operate infrastructure of My Thai Industrial Park, Bac Giang province

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 260/QD-TTg dated February 11, 2025 on the investment policy for the project to invest in construction and business of infrastructure of My Thai Industrial Park, Bac Giang province.

The decision clearly states: Approving the investment policy of the project to invest in construction and business of infrastructure of My Thai Industrial Park, Lang Giang District, Bac Giang Province, and at the same time approving the investor as Viet Uc Steel Joint Stock Company.

Landscape planning diagram of My Thai industrial park.

The project's objective is to invest in construction and business of industrial park infrastructure, with a project area of 159.97 hectares; investment capital of VND 1,798.3 billion, of which the investor's contributed capital is VND 300 billion.

The project's operating period is 50 years from the date of decision on land allocation, land lease, and land use purpose change.

The project implementation location is in My Thai commune, Voi town and Duong Duc commune, Lang Giang district, Bac Giang province.

Regarding the project implementation progress, the Deputy Prime Minister assigned the People's Committee of Bac Giang province to direct the Management Board of Bac Giang Industrial Parks to specify the project implementation progress in the Investment Registration Certificate, but not exceeding 30 months from the date of decision on land allocation, land lease, land use purpose change, etc.

Expanding planning to welcome Gia Binh Airport

The Ministry of Transport (MOT) has just issued Official Dispatch No. 1107/BGTVT-KHDT to the Ministries of National Defense, Public Security, Planning and Investment, Finance, Construction, Natural Resources and Environment, Industry and Trade, Culture - Sports and Tourism and the People's Committee of Bac Ninh province regarding comments on the dossier adjusting the Master Plan for the development of the national airport system for the period 2021 - 2030, with a vision to 2050 according to simplified procedures.

Referring to Clause 5, Article 54a of the Law on Planning, to ensure sufficient basis for completing the dossier and considering approval according to regulations, the Ministry of Transport requests the above agencies to study and give opinions on the dossier for adjusting the planning of the airport system according to the proposal of the Civil Aviation Authority of Vietnam.

The airport system in the 2021 - 2030 period after adding Gia Binh International Airport will include 31 airports.

“Due to the urgent time, the Ministry of Transport would like to receive written comments before February 10, 2025. After this deadline, if the agencies have not yet submitted written comments, the Ministry of Transport understands that the agencies agree with the content of the dossier to adjust the airport system planning,” Official Dispatch No. 1107/BGTVT-KHDT signed by Mr. Nguyen Duy Lam, Deputy Minister of Transport, stated.

Previously, in Official Dispatch No. 93/TTg-CN dated January 24, 2024, Deputy Prime Minister Tran Hong Ha agreed to the policy of adjusting the Master Plan for the development of the national airport and seaport system for the 2021-2030 period, with a vision to 2050, to add Gia Binh Airport to the plan in a shortened order as proposed by the Ministry of Transport, the opinions of the Ministry of Natural Resources and Environment, and the Ministry of Planning and Investment.

The Government leader assigned the Ministry of Transport to urgently establish, supplement and approve the planning adjustment in accordance with the process and procedures prescribed by the law on planning, ensuring the progress of completing the investment in phase II of Gia Binh Airport in accordance with the direction of the Prime Minister in Notice No. 562/TB-VPCP dated December 18, 2024 of the Government Office.

“Authorize the Minister of Transport to decide on adjusting the Master Plan for the development of the dry port system for the 2021-2030 period, with a vision to 2050, in accordance with the correct procedures and regulations to consider and supplement the dry port at Gia Binh Airport, ensuring synchronization with the progress of Gia Binh Airport implementation,” Deputy Prime Minister Tran Hong Ha directed.

In Notice No. 562/TB-VPCP, Prime Minister Pham Minh Chinh assigned the Ministry of Public Security and relevant ministries and branches, in parallel with organizing the implementation of phase I, to urgently complete the investment dossier and procedures for phase II of the Gia Binh Airport Construction Investment Project for early implementation, ensuring synchronization, and building it into a multi-purpose airport with specialized functions equivalent to level 4E.

It should be added that the most important highlight in the proposal of the Civil Aviation Authority of Vietnam is to recommend that the competent authority adjust the National Airport System Planning (adjusting Clause 1, Section II, Article 1 of Decision No. 648/QD-TTg dated June 7, 2023 on approving the Master Plan for the development of the national airport system for the period 2021 - 2030, with a vision to 2050).

Specifically, by 2030, the national airport system will add Gia Binh International Airport to level 4E, with a capacity of about 1 million passengers/year and 250,000 tons of cargo/year. By 2050, the national airport system will add Gia Binh International Airport to level 4E, with a capacity of 3 million passengers/year and 1 million tons of cargo/year.

Thus, the airport system after adding Gia Binh International Airport in the period of 2021 - 2030 will include 31 airports, including 15 international airports and 16 domestic airports; the vision to 2050 will include 34 airports, including 15 international airports and 19 domestic airports.

In addition, the Civil Aviation Authority of Vietnam continues to propose research, survey and assessment of the possibility of planning to become airports for a number of airports serving national defense and security; a number of important locations for emergency and relief, with potential for tourism and service development, and other locations where airports can be built and exploited; reporting to the Prime Minister for consideration of supplementing the planning when conditions are met, including a thorough assessment of the needs, technical requirements, investment resources and related impacts...

Dong Nai plans to borrow 2,000 billion VND from banks to invest in infrastructure.

On February 11, Dong Nai Provincial People's Committee and the Department of Finance met to discuss the Draft Resolution to submit to the People's Council a plan to borrow and repay local government debt in 2025.

According to the Draft Resolution developed by the Department of Finance of Dong Nai province, this year, Dong Nai plans to borrow 2,000 billion VND from credit institutions to invest in 8 transport infrastructure projects in the medium-term investment plan for the period 2021-2025.

Specific projects include: upgrading Road 25C, Road 25B; Road 773, Road 770B; building resettlement areas for the Bien Hoa - Vung Tau Expressway Project...

Speaking at the meeting, Vice Chairman of Dong Nai Provincial People's Committee Duong Minh Dung emphasized that this year the Government has assigned the province a target of ensuring growth of over 10%.

Furthermore, in 2026, Long Thanh Airport will be put into operation, so Dong Nai must invest in transport infrastructure connecting to the airport.

Mr. Dung said that through research, the province found that borrowing from credit institutions is more beneficial than issuing local government bonds.

Therefore, the People's Committee of Dong Nai province agreed to submit to the Provincial People's Council a resolution to borrow 2,000 billion VND from banks to invest in 8 transport infrastructure projects.

In 2025, Dong Nai province sets a target of 10% growth (GRDP); total state budget revenue reaches over 60,000 billion VND; disbursement of public investment capital reaches over 95% of the assigned plan.

To achieve the set goals, Dong Nai Provincial People's Committee will focus on promoting economic growth; accelerating the construction of key transport infrastructure projects and regional connectivity projects.

Therefore, in addition to public investment capital, Dong Nai Provincial People's Committee will borrow capital from credit institutions to invest in infrastructure projects connecting to airports and seaports.

Da Nang invests more than 6,200 billion VND to build Hoa Ninh Industrial Park

The People's Committee of Da Nang City has just issued a decision approving the investor of the Project to invest in construction and business of infrastructure of Hoa Ninh Industrial Park (Hoa Ninh commune, Hoa Vang district, Da Nang).

Accordingly, the People's Committee of Da Nang City approved Thanh Binh Phu My Joint Stock Company (address: Phuoc Hoa ward, Phu My town, Ba Ria - Vung Tau province) as the investor to implement the above project.

The investment capital for the project to invest in construction and business of infrastructure of Hoa Ninh Industrial Park is more than 6,200 billion VND.

The progress of basic construction and putting the project into operation or exploitation of Hoa Ninh Industrial Park shall not exceed 42 months from the date of land handover by the State.

Hoa Ninh Industrial Park has an area of over 400 hectares and is expected to create jobs for 40,700 workers when put into operation.

Hoa Ninh Industrial Park, Hoa Cam Industrial Park - Phase 2 and Hoa Nhon Industrial Park are 3 new industrial parks being invested in Da Nang.

Hoa Ninh Industrial Park is planned with the goal of calling for investment in synchronous technical infrastructure to form a clean industrial park, causing little environmental pollution, with modern and advanced technology and creating connections with other industrial parks in Da Nang city.

Binh Dinh spends more than 3,200 billion VND to upgrade Phu Cat Airport

The People's Committee of Binh Dinh province has just issued a decision approving the investment policy for the Project to build Runway No. 2 and synchronous works at Phu Cat Airport.

Project area for upgrading and expanding Phu Cat Airport. Photo: Thuy Trang.

Accordingly, the investment project is to ensure the exploitation needs of civil aviation aircraft and military flight activities to increase exploitation capacity, meet the socio-economic development needs of Binh Dinh province; in accordance with Decision No. 1686/QD-BGTVT dated December 22, 2023 of the Ministry of Transport approving the Phu Cat Airport Planning for the period 2021 - 2030, with a vision to 2050.

Upon completion of the project, Phu Cat Airport will ensure that it can receive Code C aircraft such as A320, A321 and equivalent (can receive Code E aircraft when needed).

Regarding the investment scale, Binh Dinh Provincial People's Committee said that the project has main items including the construction of runway No. 2, coded 33L-15R (located parallel, 215 m west of the existing runway) with dimensions of 3,048 m long and 45 m wide.

The taxiway system includes the construction of 3 taxiways connecting Runway 2 to the existing runway with a length of about 170 m and a width of 23 m; 2 quick exit taxiways from Runway 2 to the existing runway, with a length of about 340 m and a width of 23 m; 2 connecting taxiways B2 and B5 from the existing runway to the parallel taxiway, with a length of about 206.5 m and a width of 23 m.

The project also builds a signal light system to ensure operations according to CAT II standards at the 33R end of runway and to ensure operations according to CAT I standards at the 15L end of runway 2, an automatic meteorological monitoring system, signs, a synchronous power station for operations; an airport drainage system, an airport belt service road, and an airport security fence system synchronized with the newly built runway 2.

The project has a total investment of VND 3,246 billion (of which compensation and resettlement support costs are VND 1,003 billion; construction costs are VND 1,560 billion) from the state budget managed by the province (including central support capital and other legal capital sources). The implementation period is from 2025 to 2028 and is implemented by the Binh Dinh Provincial Traffic Project Management Board.

According to the Binh Dinh Provincial Transport Project Management Board, regarding the project implementation plan, the province will complete the environmental impact assessment before April 2025, approve the feasibility study report in May 2025, complete the construction drawing design in July 2025 and aim to start construction before August 24, 2025.

At the field inspection at Phu Cat airport on February 8, 2025, Mr. Pham Anh Tuan, Chairman of Binh Dinh Provincial People's Committee, requested the Provincial Transport Project Management Board to do a good job, thoroughly prepare the work, plans, procedures related to project implementation, bidding for site leveling to avoid errors; carefully develop a plan for future construction implementation.

Mr. Tuan requested the Provincial Traffic Project Management Board to prepare plans for subcontractors, especially the leveling subcontractors and contractors related to equipment supply; once the construction starts and bidding is completed, the construction must be organized as quickly as possible.

Proposal to restore Ma Da bridge connecting Binh Phuoc and Dong Nai for about 5,130 billion VND

The People's Committee of Binh Phuoc province has just sent an official dispatch to the Ministry of Transport proposing a plan to restore Ma Da bridge to connect Binh Phuoc province and Dong Nai province.

Specifically, the People's Committee of Binh Phuoc province proposed to choose the traffic connection option between Binh Phuoc province and Dong Nai province as follows: from Dong Xoai city, follow DT.753 road, cross Ma Da bridge to Dong Nai province, follow local roads to Ring Road 4 through Bien Hoa city, Dong Nai province; the total route length is about 76 km.

“This is the shortest and fastest route option following the existing road directly connecting the Central Highlands provinces in general and Binh Phuoc in particular to Dong Nai province to Long Thanh airport and Cai Mep - Thi Vai deep-water port,” said Ms. Tran Tue Hien, Chairwoman of Binh Phuoc Provincial People's Committee.

According to the leaders of Binh Phuoc province, the above route is consistent with the planning of Binh Phuoc province for the period 2021-2030, with a vision to 2050, approved by the Prime Minister in Decision No. 1489/QD-TTg dated November 24, 2023.

Once connected, the route will restore the route to serve the needs of transporting import and export goods, developing the economy, society, and national security of the two provinces of Binh Phuoc and Dong Nai as well as the Central Highlands region and the key economic region of the South.

In addition, it will contribute to effectively exploiting the potential land fund in the Southeast of Binh Phuoc province, taking advantage of the development of industry and services spreading from Binh Duong and Dong Nai provinces.

Regarding the impacts on Dong Nai Biosphere Reserve (according to actual surveys, there are only about 2 km of natural forest, the remaining 29 km is planted forest, mainly hybrid acacia), Binh Phuoc Provincial People's Committee proposed to study options for building elevated roads, overpasses, noise barriers, and open-air tunnels similar to Ho Chi Minh Road through Bach Ma and Cuc Phuong National Forests to minimize impacts on Dong Nai Biosphere Reserve.

It is expected that the route will have a minimum scale of 4 lanes, in sync with the projects being implemented on the routes such as: upgrading and expanding DT.753 with a length of 17 km to reach a road surface of 19 m, roadbed of 24 m; upgrading and expanding DT.761, DT.767 with a length of about 46 km to reach a road surface of 19 m, roadbed of 24 m; investing in an overpass of about 2 km, noise-proof walls and fences of about 2 km on each side...

The preliminary estimate of the total investment for the Ma Da bridge restoration project to connect Binh Phuoc and Dong Nai provinces is about 5,130 billion VND, including site clearance costs.

The People's Committee of Binh Phuoc province requests the Ministry of Transport to consider and agree on the traffic connection plan between Binh Phuoc province and Dong Nai province as above, ensuring compliance with the planning of Binh Phuoc province approved by the Prime Minister in Decision No. 1489/QD-TTg dated November 24, 2023; direction of General Secretary To Lam in Notice No. 117-TB/VPTW dated January 13, 2025 of the Central Party Office.

"The Ministry of Transport is requested to consider updating the above-mentioned traffic connection plan between Binh Phuoc province and Dong Nai province into the Road Traffic Infrastructure Planning for the period 2021-2030, with a vision to 2050, which is being prepared by the Ministry," the leader of the Binh Phuoc Provincial People's Committee proposed.

Research to shorten PPP project appraisal process to no more than 2 weeks

The Government Office issued Document No. 996/VPCP-CN conveying the direction of Prime Minister Pham Minh Chinh on the draft Decree amending and supplementing a number of articles of Decree No. 35/2021/ND-CP dated March 29, 2021 detailing and guiding the implementation of the Law on Investment under the public-private partnership model.

Law No. 57/2024/Q15 amending and supplementing a number of articles of the Law on Planning, the Law on Investment, the Law on Investment under the public-private partnership model and the Law on Bidding was passed by the 15th National Assembly at the 8th Session, effective from January 15, 2025, except for the provisions on the implementation of BT contracts (effective from July 1, 2025).

In Decision No. 1610/QD-TTg dated December 19, 2024, the Prime Minister assigned the Ministry of Planning and Investment to preside over the drafting of a Decree amending and supplementing a number of articles of Decree No. 35/2021/ND-CP dated March 29, 2021 of the Government detailing and guiding the implementation of the Law on Investment under the public-private partnership method, including: (1) PPP Project Appraisal Council; (2) PPP project process; (3) Investor selection process, (4) Methods and criteria for evaluating bidding documents; (5) Termination of PPP project contract; (6) Transitional cases.

To carry out the assigned tasks, the Ministry of Planning and Investment has completed the draft and submitted it to the Government for consideration and promulgation of the Decree amending and supplementing a number of articles of Decree No. 35/2021/ND-CP.

After reviewing the draft Decree, Prime Minister Pham Minh Chinh suggested that the appraisal process should be shortened to no more than 2 weeks. The appraisal council should be reduced to only those with expertise and relevant agencies. In addition, there should be strong decentralization and assignment of responsibilities to localities.

Prime Minister requests early completion of investment procedures for Chu Lai Airport

The Government Office has just announced the conclusion of Prime Minister Pham Minh Chinh at the working session with the Standing Committee of Quang Nam Provincial Party Committee.

Regarding the proposal of Quang Nam province on investment and exploitation of Chu Lai Airport, the Prime Minister concluded to assign Quang Nam province to urgently and proactively implement the investment and exploitation of Chu Lai Airport according to its authority.

Prime Minister Pham Minh Chinh visited and worked in Quang Nam on February 8.

Quang Nam province shall preside over and coordinate with the Ministry of National Defense, the Ministry of Natural Resources and Environment, and the Ministry of Finance to review and resolve the handover of land area for socio-economic development to Quang Nam province in February 2025.

Quang Nam province also calls for investment in exploiting Chu Lai Airport according to the planning and orientation of forming an economic ecosystem and airport urban area. Strive to complete investment procedures in the first 6 months of 2025 and complete the construction of the airport within 2 years.

The Prime Minister also assigned the Ministry of Transport to urgently direct the completion of the Chu Lai Airport Planning for the 2021-2030 period, with a vision to 2050, and approve it according to its authority in the second quarter of 2025.

The Ministry of Transport, the Ministry of National Defense and relevant ministries and agencies closely coordinate and support Quang Nam province in the implementation process. Deputy Prime Minister Tran Hong Ha is assigned to directly direct and resolve difficulties and obstacles in the process of investing and exploiting Chu Lai Airport.

Quang Nam province has proposed approving the project to socialize investment and exploitation of Chu Lai Airport associated with Tam Quang Duty Free Zone.

According to the People's Committee of Quang Nam province, representatives of SOVICO-ADANI Group and VIETJET Aviation Joint Stock Company worked with the leaders of Quang Nam province to propose investing in Chu Lai International Airport. In addition, the provincial leaders also sent a working delegation with SOVICO Group to work with ADANI Group (India) to propose studying investment in Chu Lai airport...

According to the Project for socialization of investment and exploitation of Chu Lai Airport, by 2030, investment will be made in building a passenger terminal with a capacity of about 10 million passengers/year and synchronous technical infrastructure works; a cargo terminal with a capacity of about 1.5 million tons of cargo/year. The capital mobilization demand for infrastructure investment at Chu Lai Airport is about 11,000 billion VND.

According to the People's Committee of Quang Nam province, in the master plan for the development of the national airport system in the period of 2021 - 2030, with a vision to 2050, Chu Lai International Airport is planned to have a capacity of about 10 million passengers/year by 2030, and about 30 million passengers/year by 2050.

Southern Power Corporation aims to energize 50 power grid projects in 90 days

The emulation movement aims to focus all efforts on ensuring electricity supply for socio-economic development and people's lives in 21 southern provinces and cities; ensuring the completion of assigned tasks and production and business plans in 2025.

In particular, the key goal is to focus on completing all construction investment work in 2025, especially the 90-day sprint emulation effort to "Complete the energization of 50 110 kV power grid projects before April 30, 2025, practically establishing achievements to celebrate the 50th anniversary of the Southern Power Corporation (EVNCPC) "Building - Developing - Lighting up trust" and welcoming the Congress of the Party Committee of the Corporation for the term 2025 - 2030.

In 2025, EVNSPC plans to invest 14,502 billion VND in construction.

EVNSPC's 2025 target is commercial electricity from 101.85 - 104.2 billion kWh; planned construction investment capital reaches 14,502 billion VND; labor productivity according to commercial electricity output increases by 8% or more; reduces average power outage duration (SAIDI) to less than 243 minutes/year; power loss of 3.7%, ensures efficient operation of the power system; ensures financial balance, preserves and develops state capital...

To complete the above goals, EVNSPC focuses resources on investment and construction, identifying this as a key and core task to direct and operate resolutely.

Each power project, especially key and urgent projects, needs to assign and arrange the most capable and dedicated staff to carry out the project. Difficulties and obstacles in the implementation process must be promptly resolved or reported to superiors for resolution in the spirit of "clear, specific, and within authority"; difficulties and obstacles must not become bottlenecks, affecting the progress of project completion.

In particular, EVNSPC stops allowing officers and leaders to take leave abroad from now until April 30, 2025. In special cases, the Head of the Corporation and the heads of units must report to and receive approval from the Chairman/General Director.

Units mobilize employees to temporarily suspend overseas leave from now until April 30, 2025, except in urgent cases.

In the first 4 months of the year, EVNSPC also minimized the number and duration of in-person meetings; temporarily suspended conferences/seminars that were not really necessary to focus on operating production and business activities.

Signing contract for construction package of Bac Ai Pumped Storage Hydropower Plant Phase 2, Phase 1

On February 13, 2025 in Hanoi, Vietnam Electricity Group (EVN), Power Project Management Board 3 and the Joint Venture of Contractors: Lung Lo Construction Corporation, Song Da Corporation, LILAMA 10 Joint Stock Company, SCI E&C Joint Stock Company, Construction Joint Stock Company 47, Truong Son Construction Corporation and Vietnam Construction and Import-Export Joint Stock Corporation held the Signing Ceremony of Package 02XL-BA "Construction and installation of Bac Ai Pumped Storage Hydropower Plant - Phase 2, Phase 1 of Bac Ai Pumped Storage Hydropower Plant Project - Ninh Thuan Province".

Attending the signing ceremony were representatives of the State Capital Management Committee at Enterprises, the Department of Electricity and Renewable Energy - Ministry of Industry and Trade, leaders of Vietnam Electricity Group, leaders of Power Project Management Board 3 and the Joint Venture of contractors for package 02XL-BA.

The project has a scale of 1,200 MW including 04 turbine/pump – generator/engine units with a capacity of 300MW/unit. The total investment of Bac Ai pumped storage hydropower project is about 21,100 billion VND, the capital for the project is arranged from loans and capital arranged by EVN.

The Bac Ai pumped storage hydropower plant project in Ninh Thuan province (the Project) was approved by the Prime Minister in the National Power Development Plan for the 2021-2030 period, with a vision to 2050.

The project has a scale of 1,200 MW including 04 turbine/pump – generator/engine units with a capacity of 300MW/unit. The total investment of Bac Ai pumped storage hydropower project is about 21,100 billion VND, the capital for the project is arranged from loans and capital arranged by EVN.

The first unit is expected to generate electricity by December 2029 and the entire project will be completed by May 2031.

Package No. 02XL-BA is the main construction package of the Project with the scope of work including the following main tasks: (i) Construction and installation of main construction equipment: including Pressure tunnel, Upstream pressure tower, Underground plant and 500kV distribution station, Discharge tunnel, Downstream pressure tower, Downstream valve tower; (ii) Underground construction tunnels and alleys; (iii) Roads serving construction and operation; (iv) 22kV construction power supply system; (v) Construction and domestic water supply system; (vi) Auxiliary works and construction camps.

Through the process of open domestic bidding via the Internet, the Contractor Consortium: Lung Lo Construction Corporation, Song Da Corporation, LILAMA 10 Joint Stock Company, SCI E&C Joint Stock Company, Construction Joint Stock Company 47, Truong Son Construction Corporation and Vietnam Construction and Import-Export Joint Stock Corporation won the bid for package 02XL-BA with a value of 4,334 billion VND.

The contract implementation period is approximately 81 months, in which the power generation progress of unit 01 is in December 2029, unit 02 in April 2030, unit 03 in August 2030, unit 04 in December 2030 and the entire contract is completed in May 2031.

Speaking at the signing ceremony, a representative of the Vietnam Electricity Group said that this is the first pumped storage hydropower project built in Vietnam and is one of EVN's key projects to be implemented in 2025.

During the investment preparation and project implementation process, EVN received close attention and direction from the Government, the Ministry of Industry and Trade, the State Capital Management Committee at Enterprises, along with the support and close coordination of the Ninh Thuan Provincial People's Committee and the provincial Departments and Branches to develop a construction organization plan, select suitable contractors, and ensure requirements on safety, progress, and quality of the project.

Vietnam Electricity Group assigned the Power Project Management Board 3 and the 02XL-BA Package Joint Venture to manage the project, organize construction to ensure compliance with quality and environmental requirements, focus resources and equipment to accelerate progress, and strive to complete the project according to the set plan.

Ho Chi Minh City started and completed 13 typical cultural and social projects on the occasion of April 30.

The Department of Planning and Investment of Ho Chi Minh City has just reported to the City People's Committee on the progress of implementing 28 public investment projects in the cultural and social fields in the list of typical emulation projects at the City level to celebrate the 50th anniversary of the Liberation of the South and National Reunification (April 30, 1975 - April 30, 2025).

Of the total 28 projects, 13 projects will start and be completed on April 30, 2025.

Thu Duc Regional General Hospital will be inaugurated on April 30, 2025

For the completed list, there are 7 projects including: new construction of Ton Duc Thang Museum; construction of Phu Tho Circus and Multi-purpose Performance Theater; Restoration and embellishment of Cho Quan Hospital Prison Camp relic - where comrade Tran Phu sacrificed (September 6, 1931) - phase 1; upgrading and renovating Binh Chanh - Binh Tan Martyrs Cemetery.

In addition, there are 3 medical projects inaugurated including: Hoc Mon Regional General Hospital; Thu Duc Regional General Hospital; Pham Ngoc Thach University of Medicine (campus 2).

Regarding the newly started projects, there are 6 projects including: renovating and repairing Phu Tho Sports Gymnasium; repairing Phu Tho Sports Training Center; renovating and repairing Phu Tho Swimming and Diving Club; repairing Hoa Lu Stadium; renovating the City Cemetery (Lac Canh); expanding the belt road and ramp of the City Martyrs Cemetery.

Although 13 projects were completed and started on April 30, 2025, after review, 15 projects in the cultural and social fields were not completed and started on April 30, 2025.

Of these, there are 4 projects that cannot be completed by April 30, including: Project to build a new Cu Chi Regional General Hospital; Project to purchase equipment for Hoc Mon Regional General Hospital; Project to purchase equipment for Cu Chi Regional General Hospital; Project to purchase equipment for Thu Duc Regional General Hospital.

For the newly started projects, there are 11 projects such as the project to build the City Children's Palace; Phan Dinh Phung Stadium; renovate Thong Nhat Stadium; build the Southern Resistance Monument...

These projects are currently stuck with some planning procedures and investment policy adjustments, so they cannot start construction on April 30, 2025.

If the procedures are speeded up, 5 projects will be able to start construction in 2025. The remaining 6 projects are not expected to start construction this year.

Hanoi proposes to repair Vinh Tuy 1 bridge

The Hanoi City Traffic Infrastructure Maintenance Board has just reported to the Hanoi Department of Transport the inspection results of Vinh Tuy 1 Bridge and proposed repairs to ensure traffic safety.

Accordingly, Vinh Tuy 1 Bridge was inaugurated and put into operation in 2009. The inspection results showed that some damages had appeared such as cracks in the bridge girders; the bridge bearings on the main spans of the bridge crossing the river had rusty steel bearings that had not been greased or painted; the bridge abutments and top walls had diagonal and vertical cracks.

To ensure the safety of the bridge structure, the Traffic Infrastructure Maintenance Board recommends repairing and treating concrete cracks; on piers and abutment walls, ensuring the requirements on the allowable limit of crack width in a corrosive gas environment to protect against corrosion for construction structures; repairing and replacing rubber expansion joints. On the bridge surface, re-pave the spans that show signs of rutting and unevenness on the bridge...

The Vinh Tuy 1 Bridge project has a total investment of nearly 3,600 billion VND mobilized from the state budget. The 5.8 km long bridge includes a river crossing, roads at both ends of the bridge and different level intersections. Of which, the Red River crossing section is 3.7 km long, with a cross-section of phase 1 of 19.25 m. The bridge has a reinforced concrete and prestressed reinforced concrete structure, the main bridge crossing the river has a cantilever structure with eight spans 990 m long.

Vinh Tuy 1 Bridge was inaugurated at the end of September 2010 and was given a plaque commemorating the 1000th anniversary of Thang Long - Hanoi. The opening of Vinh Tuy Bridge has contributed to completing the planning of Hanoi's Ring Road 2, enhancing the city's traffic capacity, creating a breakthrough for the capital's socio-economic development.

Revealing the winning contractor for the 4,300 billion VND package to build Bac Ai hydropower plant phase 2

Vietnam Electricity Group (EVN) has just officially awarded Package 02 XL - BA of Bac Ai Pumped Storage Hydropower Plant Project Phase 2 (Phase 1) to the Joint Venture of Contractors: Lung Lo Construction Corporation, Song Da Corporation, LILAMA 10 Joint Stock Company, SCI E&C Joint Stock Company, Construction Joint Stock Company 47, Truong Son Construction Corporation and Vietnam Construction and Import-Export Joint Stock Corporation - VINACONEX with a winning bid price of VND 4,334 billion.

EVN and a consortium of contractors signed a construction contract for the Bac Ai Pumped Storage Hydropower Plant - Phase 2, Phase 1.

These are all contractors with experience in implementing many key energy projects of the country, typically Song Da Corporation is the main contractor of most hydropower projects in Vietnam, such as Son La Hydropower - the largest hydropower project in Southeast Asia, Hoa Binh Hydropower, Lai Chau Hydropower...

VINACONEX, as a contractor, investor and manager - operator, has implemented the Irrigation - Hydropower projects of Cua Dat (Thanh Hoa), Buon Kuop Hydropower, Buon Tua Sha, Ngoi Phat Hydropower (Lao Cai), Dak Ba Hydropower (Quang Ngai)...

Package No. 02 XL - BA is the main construction package of the Project with the following items: pressure tunnel, upstream pressure tower; underground factory and 500kV distribution station; discharge tunnel; downstream pressure tower; downstream valve tower. Along with that are underground tunnels and construction alleys; roads serving construction and operation; 22kV construction power supply system; construction and domestic water supply system; auxiliary works, construction camps.

The contract implementation period is approximately 81 months, with the construction progress of Unit 1 in December 2029, Unit 2 in April 2030, Unit 3 in August 2030, Unit 4 in December 2030 and the entire contract completed in May 2031.

The Bac Ai pumped storage hydropower plant project in Ninh Thuan province was approved by the Prime Minister in the National Power Development Plan for the 2021-2030 period, with a vision to 2050.

The project has a scale of 1,200 MW, including 4 turbine/pump - generator/engine units with a capacity of 300 MW/unit. The total investment of the Bac Ai pumped storage hydropower project is about 21,100 billion VND, the capital for the project is arranged from loans and capital allocated by EVN.

Bac Ai pumped storage hydropower plant project - the first pumped storage hydropower project in Vietnam - not only has great economic significance, but is also strategic for the national power system.

With the ability to store energy, regulate energy and provide stable electricity, the project will help reduce power shortages during peak seasons, ensuring national energy security. This is one of the key projects in Vietnam's sustainable energy development strategy, making an important contribution to the implementation of renewable energy development goals in the future.

Source: https://baodautu.vn/hon-6200-ty-dong-xay-dung--khu-cong-nghiep-hoa-ninh-3200-ty-dong-nang-cap-san-bay-phu-cat-d246616.html