Becamex - Deo Ca joint venture wins bid for project worth over 11,743 billion VND

(BDO) On June 12, the Provincial People's Committee issued Decision No. 1597/QD-UBND approving the results of selecting investors to implement the Ho Chi Minh City Ring Road 4 construction investment project, Thu Bien Bridge - Saigon River section (phase 1) under the public-private partnership (PPP) method, with a total investment of more than VND 11,743 billion.

According to the decision, the winning investor of the project is the consortium of Industrial Investment and Development Corporation - JSC (Becamex IDC), Infrastructure Development Joint Stock Company (Becamex IJC) - Deo Ca Group Joint Stock Company.

The investment project to build Ho Chi Minh City Ring Road 4, Thu Bien Bridge - Saigon River section (phase 1) passes through Tan Uyen City, Ben Cat City, Bac Tan Uyen District, Binh Duong Province. The project is implemented in the form of Build - Operate - Transfer (BOT), with a total investment of 11,743 billion VND, capital mobilized from equity, loans and other legally mobilized capital. The preparation and construction period is 26 months from the effective date of the project contract.

Outline of the Investment Project for Construction of Ho Chi Minh City Ring Road 4, Thu Bien Bridge - Saigon River Section (Phase 1)

The scale of investment in phase 1 includes 4 lanes and a continuous emergency lane, with a design speed of 100km/h. The project is invested to facilitate regional connectivity and improve the efficiency of exploiting expressways, national highways... connecting traffic between Long Thanh international port and provinces and cities in the Southern key economic region.

The Thu Bien - Dat Cuoc bridge section of the Ring Road 4 project has been completed.

The successful selection of an investor for the Ho Chi Minh City Ring Road 4 Project through Binh Duong Province is expected to be an important step in completing the regional traffic infrastructure, contributing to promoting the socio-economic development of Binh Duong in particular and the Southern key economic region in general.

It is known that these are two units with experience in the field of infrastructure development, having participated in many large-scale projects in Vietnam. Specifically, Becamex IDC and units in the ecosystem play an important role in the process of socio-economic development and industrialization in Binh Duong province, and are also the key units in the construction of industrial parks and urban areas in the locality. Meanwhile, Deo Ca Group is the leading unit in Vietnam in the field of investment, general contractor and operation management of transport infrastructure projects.

Phuong Le

Source: https://baobinhduong.vn/lien-danh-becamex-deo-ca-trung-thau-du-an-hon-11-743-ty-dong-a348735.html