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The representative of the Ministry of Transport (MOT) said that this contract negotiation lasted longer than other projects because the two parties always expect inadequacies was removed. The Cam Lam – Vinh Hao Expressway (CLVH) Project is one of three component projects of the North – South Express Project in the East deployed in the period of 2017 – 2020. Deo Ca Group (DCG) and other investors in investors consortium were signed this project’s contract.

Previously, the MOT held a domestic bidding for investment of the CLVH Project and approved the result of investors consortium selection for the Deo Ca Group Joint Stock Company – Deo Ca Construction Joint Stock Company – 194 Construction Investment Corporation Joint Stock Company. The CLVH Project, the last component project of the North – South Express Project in the East deployed in the period of 2017 – 2020 under the public – private partnership (PPP) method, was contracted.

The representative of the MOT said that this contract negotiation lasted longer than other projects because the two parties always expect inadequacies was removed.

According to the feasibility study report, the CLVH Project has a total length of 78.5km. The starting point is at km54+00, behind the Cam Ranh intersection (the end point of the Nha Trang – Cam Lam Project) located in Cam Thinh Tay commune, Cam Ranh town, Khanh Hoa province. The end point is at km134+00, in front of Vinh Hao intersection (the starting point of Vinh Hao – Phan Thiet Project) located in Vinh Hao commune, Tuy Phong district, Binh Thuan province.

The CLVH Project has a total investment capital of 8.925 billion VND. It includes about 3.786 billion VND of the investors’s capital (about 1.030 billion VND of equity, about 2.756 billion VND of loan), about 4.199 billion VND of the State budget capital to participate in, and 940.12 billion VND of the State capital supported to implement some tasks under the responsibility of appropriate authorities.

The road is designed according to TCVN 5729-2012 standard. In the phase of investment divergence, the project has 4 lanes 17m wide with the design speed of 80km/h. Nui Vung Tunnel is 2.2 km long, 14 m wide, has 3 lanes. This is the fourth largest in the country after Hai Van Tunnel, Deo Ca Tunnel and Cu Mong Tunnel.

In the completional process, the CLVH Project has 6 lanes, is 32.35m road surface wide. The CLVH Project includes tunnel work, bridge work and intersections. Bridge work is designed according to TCVN standards the road, is fit for road surface width, the phase of bridge width is 17.5m. It is supplemented a 16.25m wide unit. Tunnel work is firstly built a right tunnel branch for 2 lanes in the opposite direction and it is supplemented another branch in the completional process. The tunnel work then has 6 lanes. This is the project having grade I road traffic work and special grade tunnel works.

In addition, the Group has won the bid for construction of some component project of the North – South Expressway Project in the East such as: Mai Son – National Road 45 Expressway, Nghi Son – Dien Chau Expressway, My Thuan – Can Tho Expressway, Cam Lo – La Son Expressway, Cua Luc Bridges, Ha Long – Cam Pha Sea Contour Road,…The group is also promoting investment in other transport infrastructure projects, renewable energy projects,… in a number of provinces such as Cao Bang, Lam Dong, Dien Bien,…

It is known that DCG is a famous BOT corporation with a series of key projects across the country such as Hai Van, Deo Ca, and Cu Mong tunnels. Their total investment amount has been more than 80.000 billion VND. In 2019, DCG also participated in Trung Luong – My Thuan Expressway Project, which was previously behind schedule deployed for 10 years but only 10% completed.

In early 2021, Hung Thinh Incons (HTN) announced the election of Mr. Ho Minh Hoang – Chairman of Deo Ca to officially hold office as the Vice Chairman of HTN’s Board of Management from February 22, 2021. Mr. Hoang is also an independent member of that.

The investors consortium DCG – Hung Thinh Corporation – South Central Group was selected to implement the Tan Phu – Bao Loc Expressway Project. The project has a total length of 67km.  In the first phase, the project is invested a road-bed 17m in width and 4 lanes with the total construction investment amount of 19.470 billion VND. In which, the State budget capital is about 9.151 billion VND, the mobilized capital by PPP investors is about 10.319 billion VND.

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