The People's Committee of Dong Nai province has recently sent a document to Construction Corporation No. 1 (CC1) regarding the Cat Lai Bridge and Long Hung Bridge projects.
With over 46 years of experience and a strong track record in the field of transportation infrastructure construction, especially large-scale bridge and road projects, CC1 confidently asserts its superior construction capabilities, guaranteed by a high-quality professional team and the application of advanced technology and techniques in every project.
Accordingly, the People's Committee of Dong Nai province approved assigning Construction Corporation No. 1 (CC1) as the investor proposing the Cat Lai bridge and access road project under the public-private partnership (PPP) model.
The investor is responsible for allocating the costs of preparing the investment policy proposal for the project (including the costs of receiving the proposal previously handled by the Provincial Investment and Construction Project Management Board). They also bear all risks in case the investment policy proposal is not approved.
The Department of Finance of Dong Nai province is assigned to take the lead in coordinating with relevant units to appraise the investment policy proposal for the project, and advise the People's Committee of Dong Nai province to submit it to the competent authority for decision on the investment policy in accordance with the law on PPP…
CC1 is responsible for the content of the project proposal. This includes evaluating and comparing different project contract forms to report to the competent authority for decision-making, as a basis for calculating the total project investment (note that the compensation, resettlement support, and construction costs must be accurately and fully accounted for).
Simultaneously, prepare a project implementation schedule, including the tasks to be performed, the timeframe, the responsibilities of each unit, and the legal basis. Then, submit the project investment proposal dossier along with the schedule to the Provincial Investment and Construction Project Management Board before October 31st.
Regarding the Long Hung Bridge (Dong Nai 2 Bridge) and access road project, the Dong Nai Provincial People's Committee supports CC1's research and implementation of the project. CC1 will coordinate with relevant departments and localities to study the route, update planning; and determine preliminary compensation and resettlement support costs…
After reaching an agreement with the Ho Chi Minh City People's Committee to assign the Dong Nai Provincial People's Committee as the competent authority to implement the Long Hung Bridge project (Dong Nai 2 Bridge), the province will consider assigning the project proposal unit in accordance with the Law on Investment under the Public-Private Partnership (PPP) method.
According to CC1's proposal, the 11.7km Cat Lai Bridge project is divided into three component projects. Component project 1 – land clearance and expansion of Nguyen Thi Dinh road, costing 4,975 billion VND (including interest) – will be implemented under a Build-Transfer (BT) contract, funded by the Ho Chi Minh City budget.
Component Project 2: Dong Nai (using local budget) for land clearance with a total capital of 2,985 billion VND.
Component Project 3 – construction of Cat Lai Bridge and access roads to Ben Luc – Long Thanh Expressway (invested under the PPP model) has a total investment capital of VND 12,564 billion (including loan interest, capital arranged by the investor 100%).
The Long Hung Bridge project, spanning 11.8km, is also divided into three sub-projects. Sub-project 1 involves land acquisition and construction of a connecting road from the Go Cong intersection in Ho Chi Minh City to the Dong Nai 2 Bridge junction, approximately 4.8km long and 60m wide. The total investment is 4,623 billion VND (including interest, financed by the investor), and is implemented under the PPP (Public-Private Partnership) model.
Component Project 2: Dong Nai province will use approximately 724 billion VND from its budget to clear land within the locality. Component Project 3: Construction of the bridge and provincial road 777B to the intersection with National Highway 51 has a total investment of 6,411 billion VND, implemented under the PPP method.