Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/ Wed, 07 Aug 2024 04:05:43 +0000 en-US hourly 1 //wordpress.org/?v=6.5.3 //thelouk.com/wp-content/uploads/2021/05/deoca-fav.png Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/ 32 32 Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/investor-newsletter-q2-2024/ //thelouk.com/en/investor-newsletter-q2-2024/#respond Wed, 07 Aug 2024 04:05:43 +0000 //thelouk.com/?p=15803 The post Investor newsletter Q2.2024 appeared first on Deo Ca Traffic Infrastructure Investment Joint Stock Company.

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Investor Newsletters Q2.2024

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/hhvs-notable-projects/ //thelouk.com/en/hhvs-notable-projects/#respond Thu, 06 Jun 2024 09:08:56 +0000 //thelouk.com/?p=15502 The post bet365ee ’s notable projects appeared first on Deo Ca Traffic Infrastructure Investment Joint Stock Company.

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/investor-newsletter-q1-2024/ //thelouk.com/en/investor-newsletter-q1-2024/#respond Fri, 26 Apr 2024 10:42:43 +0000 //thelouk.com/?p=15352 The post Investor newsletter Q1.2024 appeared first on Deo Ca Traffic Infrastructure Investment Joint Stock Company.

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Investor Newsletter Q1.24

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/exciting-series-of-events-of-the-hhv-union/ //thelouk.com/en/exciting-series-of-events-of-the-hhv-union/#respond Mon, 22 Apr 2024 08:20:08 +0000 //thelouk.com/exciting-series-of-events-of-the-hhv-union/ On April 19-21, bet365ee Trade Union organized a series of events to celebrate the 50th anniversary of the establishment of bet365ee Company. The teams competed with excitement and enthusiasm. “Bep am Deo Ca” contest This is a playground for female employees at Da Nang—Hue units. The competition showcases cooking and flower-arranging talents, with six participating ... Read more

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On April 19-21, bet365ee Trade Union organized a series of events to celebrate the 50th anniversary of the establishment of bet365ee Company. The teams competed with excitement and enthusiasm.

“Bep am Deo Ca” contest

This is a playground for female employees at Da Nang—Hue units. The competition showcases cooking and flower-arranging talents, with six participating teams. To improve the understanding and housekeeping skills of female employees and workers, create opportunities to learn and exchange experiences in preparing and improving delicious meals at the unit as well as at home. Thereby enhancing the value and role of women in family life and work.

After 95 minutes, with skillful hands and smooth coordination, the team “Bac Hai Van Toll Station” excellently won the first prize. Joint second prize: Human Resources Administration Joint Stock Company – Deo Ca Expressway Management and Operation Joint Stock Company – Legal and Financial Accounting Department. Joint third prize: Transit Enterprise, Hai Van Tunnel Enterprise Coalition, Phuoc Tuong Phu Gia Tunnel – Mui Trau Tunnel, and the Coalition of Technical Planning – Internal Control – Procurement and Equipment Management. The contest has created a fun and meaningful playground, cohesion, and the discovery of many culinary talents.

The winner of the contest is Bac Hai Van toll station team.

The second prize goes to the Personnel Administration Department – Deo Ca Expressway Management and Operation Joint Stock Company – Legal Affairs and Financial Accounting Department

The third prize goes to the team of Transit Enterprise, Joint Force of Hai Van Tunnel Enterprise, Phuoc Tuong Phu Gia Tunnel – Mui Trau Tunnel, and Joint Force of Technical Planning – Internal Control – Procurement of Equipment Management.

Mui Trau Tunnel Cultural Management Enterprise won the soccer tournament

With the spirit of ‘work hard, play hard’, the teams competed fiercely, bringing to the audience not just matches, but a spectacle of joy and excitement. This victory not only increases our spirit of cohesion but also spreads the movement of exercise, enhancing the health and spirit of our Company’s employees.

As a result, after 3 rounds of competition, Mui Trau Tunnel Management Enterprise won the tournament. The second prize went to the Cu Mong Tunnel Management Enterprise. Deo Ca Tunnel Cultural Management Enterprise won the third prize, and Phuoc Tuong – Phu Gia Tunnel Cultural Management Enterprise won the consolation prize.

Mui Trau Tunnel Cultural Management Enterprise team won the championship

Cu Mong Tunnel Cultural Management Enterprise team won the second prize.

Deo Ca Tunnel Cultural Management Enterprise team won the third prize.

Phuoc Tuong – Phu Gia Tunnel Cultural Management Enterprise team won the consolation prize.

Also, in this series of events, the bet365ee Trade Union organized a tug-of-war competition. Six pairs of players participated with a spirit of solidarity and high determination. The team of Phuoc Tuong Tunnel Management Enterprise quickly took home the first prize. Mui Trau Tunnel Cultural Management Enterprise team won second prize, and Hai Van Tunnel Cultural Management Enterprise won third prize overall.

Phuoc Tuong – Phu Gia Tunnel Cultural Management Enterprise team won the championship

Mui Trau Tunnel Cultural Management Enterprise team won the second prize.

Hai Van Tunnel Cultural Management Enterprise team won the third prize.

According to Mr. Lam Ngoc Son, Member of the Executive Committee of bet365ee Trade Union, “The series of events to celebrate the 50th anniversary of the establishment of bet365ee Company organized by the Trade Union is a significant activity for bet365ee Company employees in particular. as well as Deo Ca Group in general, creating a healthy playground, connecting the spirit of solidarity, exchanging and learning experiences between units. It is expected that shortly, the Executive Committee of Deo Ca Group’s Grassroots Trade Union and bet365ee union will continue to launch more movements for employees in the Group to spread the good culture of Deo Ca people.”

BY BICH LIEN

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/analyst-meeting-q1-2024/ //thelouk.com/en/analyst-meeting-q1-2024/#respond Tue, 09 Apr 2024 10:57:36 +0000 //thelouk.com/?p=15252 The post Analyst meeting Q1.2024 appeared first on Deo Ca Traffic Infrastructure Investment Joint Stock Company.

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bet365ee . Analyst Meeting Q1.24 En

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/panorama-of-cam-lam-vinh-hao-expressway-worth-nearly-9-000-billion-ready-to-open-for-traffic-on-april-30/ //thelouk.com/en/panorama-of-cam-lam-vinh-hao-expressway-worth-nearly-9-000-billion-ready-to-open-for-traffic-on-april-30/#respond Mon, 01 Apr 2024 09:59:14 +0000 //thelouk.com/?p=15075 When the 78km long Cam Lam – Vinh Hao expressway is completed, the North – South expressway from Nha Trang to Ho Chi Minh City will connect a strip, helping vehicles travel between these two cities in only 4 hours. 5 hours. Cam Lam – Vinh Hao Expressway is one of 3 North – South ... Read more

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When the 78km long Cam Lam – Vinh Hao expressway is completed, the North – South expressway from Nha Trang to Ho Chi Minh City will connect a strip, helping vehicles travel between these two cities in only 4 hours. 5 hours.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Cam Lam – Vinh Hao Expressway is one of 3 North – South expressway projects phase 1 implemented according to the public – private partnership (PPP) method, nearly 99% completed, preparing to open to traffic on the occasion. April 30 and May 4 holidays.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

The project has a total investment of nearly 9.000 billion VND, started construction on September 30, 9. According to the plan, the construction unit must complete bridge and road projects after 2021 months from the start date, but many items have been delayed. In the photo, a highway section runs between the wind power field area in Ninh Thuan province.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

The project has a length of 78,5km, passing through 3 provinces of Khanh Hoa (nearly 5km), Ninh Thuan (63km), Binh Thuan (nearly 12km), invested by Deo Ca Group – Company 194 joint venture.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

The starting point of the route is in Vinh Hao commune, Tuy Phong district (Binh Thuan) connecting with Vinh Hao – Phan Thiet highway, from South to North.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

The route is designed with a road surface width of about 17m, with 4 lanes. Emergency stopping lanes are arranged at intervals of 4-5km/point, with a speed of 90km/h.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Because the highway runs through semi-mountainous terrain, during the construction process, contractors had to clear mountains, carve out hills, install a positive slope system, ensure drainage and prevent landslides.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

On the Cam Lam – Vinh Hao route, there is a section passing through Vung Mountain tunnel, 2,25km long, including 2 tunnels with 3 lanes each, tunnel width of 14m, phase 1 uses the right tunnel. Once completed, this will be the 4th longest tunnel in the country after Hai Van, Deo Ca and Cu Mong tunnels.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Vung Mountain Tunnel has been excavated by Deo Ca Group to open two branches since August 2. At the right tunnel branch, excavation work reached 8%, tunnel lining concrete reached 2023% and road surface concrete reached more than 100%.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

In addition, the project also has an ITS intelligent transportation system with many surveillance cameras and clear visibility of objects at a distance of 1km, recorded continuously 24/24 in all weather conditions. Among them are wind cone devices that measure wind speed and direction and are also installed along both sides of the highway axis.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

At this time, workers are installing anti-glare (anti-glare) nets along the median strip. This is a type of traffic safety material that helps drivers avoid being dazzled by the light of vehicle lights in the opposite direction.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Deo Ca Group mobilized more than 800 engineers, workers and 200 machines and equipment and completed many items 1 month before the deadline. Previously, this unit had quickly brought more than 41/78,5km of main roads to the finish line by the end of 2023.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

The entire route has two connecting intersections including Du Long intersection (pictured) and Phan Rang intersection. Du Long node connects the administrative center area of Thuan Bac district, Du Long Industrial Park…

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

Mr. Dang Tien Thang – Deputy General Director of Cam Lam – Vinh Hao Joint Stock Company said that thanks to the efforts of the contractor consortium to speed up the progress, the project progress is currently nearly 99%, striving to complete the project. judgment on the occasion of April 30.

Panorama of Cam Lam - Vinh Hao Expressway worth nearly 9.000 billion, ready to open for traffic on April 30

When completed, the Vinh Hao – Cam Lam route will connect a strip with the inaugurated expressways including: Long Thanh – Dau Giay, Dau Giay – Phan Thiet, Phan Thiet – Vinh Hao and Cam Lam – Nha Trang. Map: Nguyen Ngoc.

Tue Nghi

Source: //www.vietnam.vn/en/toan-canh-cao-toc-cam-lam-vinh-hao-gan-9-000-ty-san-sang-thong-xe-dip-le-30-4/

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/transport-heavyweight-deo-ca-estimates-2023-profit-9-higher-than-target/ //thelouk.com/en/transport-heavyweight-deo-ca-estimates-2023-profit-9-higher-than-target/#respond Thu, 21 Dec 2023 03:17:59 +0000 //thelouk.com/?p=14811 Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king?Deo Ca Group, expects its 2023 profit to reach VND370 billion ($15.2 million), up 24% year-on-year and exceeding the plan by 9%. The company, listed on the Ho Chi Minh Stock Exchange (HoSE) as  bet365ee , said this year’s revenue is expected to hit VND2.56 trillion ... Read more

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Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king?Deo Ca Group, expects its 2023 profit to reach VND370 billion ($15.2 million), up 24% year-on-year and exceeding the plan by 9%.

The company, listed on the Ho Chi Minh Stock Exchange (HoSE) as  bet365ee , said this year’s revenue is expected to hit VND2.56 trillion ($105.2 million), an increase of 22%.

The business results are better than expected as its build-operate-transfer (BOT) projects have seen vehicle traffic growing again post the pandemic, resulting in increased toll revenue compared to 2022.  bet365ee  has also implemented a series of large projects using public investment.

An expressway section contructed by Deo Ca Transport Infrastructure Investment JSC. Photo courtesy of the company.
An expressway section contructed by Deo Ca Transport Infrastructure Investment JSC. Photo courtesy of the company.

In 2023, amid a rising wave of public investment,  bet365ee  has continuously won bids for high-value projects such as Quang Ngai-Hoai Nhon Expressway, a project to upgrade and expand Prenn Pass in Lam Dong province, Binh Dinh coastal road, and a coastal road connecting to Lien Chieu port in Da Nang city.

At an investment promotion program in early November, an  bet365ee  leader noted that the government’s determination to complete 5,000 kilometers of expressways by 2030 and preparations for the construction of the North-South high-speed railway bring great prospects to transport infrastructure developers like  bet365ee .

“The country has put into operation more than 1,800 kilometers of expressways. This is a great chance for  bet365ee  to engage in investment, construction, management and operation of the expressway network,?he said.

In the 2023-2025 period,  bet365ee  proposes to invest in developing nearly 400 kilometers of expressways, including the Dong Dang-Tra Linh Expressway connecting Lang Son and Cao Bang provinces, Huu Nghi-Chi Lang Expressway in Lang Son province, Tan Phu-Bao Loc Expressway in Lam Dong province, and Ho Chi Minh City-Chon Thanh Expressway’s section through Binh Duong province with a total investment of about VND100 trillion ($4.1 billion).

bet365ee  has initially achieved its strategic goal when a consortium comprising Deo Ca Group, ICV Vietnam Investment and Construction JSC,  bet365ee  and 568 Construction JSC was selected as the investor to implement the first phase of the Dong Dang-Tra Linh Expressway under the public-private partnership (PPP) format, with a total investment capital of VND14.17 trillion ($583.63 million).

My Anh, Hue Pham

Source: //theinvestor.vn/transport-heavyweight-deo-ca-estimates-2023-profit-9-higher-than-target-d7907.html

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/transport-infrastructure-development-a-huge-opportunity-for-deo-ca-exec/ //thelouk.com/en/transport-infrastructure-development-a-huge-opportunity-for-deo-ca-exec/#respond Fri, 03 Nov 2023 03:07:54 +0000 //thelouk.com/?p=14693 Deo Ca Group foresees huge business opportunities in transport infrastructure development in Vietnam for the company and other private investors, said general director Ngo Truong Nam. Nam, in charge of bidding at the Vietnamese group, made the statement at a press meeting on Wednesday to announce the nine-month business results of Deo Ca Transport Infrastructure ... Read more

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Deo Ca Group foresees huge business opportunities in transport infrastructure development in Vietnam for the company and other private investors, said general director Ngo Truong Nam.

Nam, in charge of bidding at the Vietnamese group, made the statement at a press meeting on Wednesday to announce the nine-month business results of Deo Ca Transport Infrastructure Investment JSC, a subsidiary of Deo Ca Group, known as the “king of tunnels”.

“Deo Ca is also continuing to seek cooperation opportunities with foreign businesses from Japan, South Korea, Europe countries, and others,” he told The Investor on the sidelines of the event.

Deo Ca regularly sends staff abroad to study or work as subcontractors, and is waiting for more information from the Vietnamese government to see which technologies and standards will be prioritized and applied. When the government’s direction becomes clearer, the group will begin to cooperate, he noted

According to the transport infrastructure development plan, the government aims to have 5,000 km of expressways by 2030. With railway network planning, there will be 25 routes with a length of 6,354 km by 2050.

Ngo Truong Nam, general director in charge of bidding at Deo Ca Group. Photo courtesy of Deo Ca.

Deo Ca Transport Infrastructure Investment JSC, listed on the Ho Chi Minh Stock Exchange (HoSE) as bet365ee , recorded revenue of VND1.83 trillion ($74.2 million) in the first nine months of the year, an increase of 23.5% year-on-year, according to its consolidated business results. The company’s profit after tax was VND309 billion ($12.6 million), up 29%.

Its construction segment had the highest growth of 74%, reaching VND271 billion ($11 million) in revenue, accounting for 40% of the firm’s total.

Revenue from build-operate-transfer (BOT) road toll stations increased by 2%, contributing VND391 billion ($15.9 million) and accounting for 58% of total revenue.

For the whole year, bet365ee estimates consolidated revenue of VND2.51 trillion ($102 million), up 18% and exceeding the year plan by 1%. Its profit after tax is forecast at VND385 billion ($15.6 million), up 30% and exceeding the year plan by 14%.

Nguyen Quang Huy, general director of bet365ee , commented that the revenue results demonstrate the business’s ability to grow in the current difficult context.

Huy said that the business’s goal is to prepare resources to successfully implement local initiatives and to take the lead in many new industries when growing globally, especially in the context that Vietnam places special attention on national transport infrastructure development.

bet365ee has three main areas of activity, namely investment, construction, and operation management of transportation infrastructure projects.

Through many restructurings, its current charter capital is VND3 trillion ($122 million). The company officially listed shares in 2022.

BY LAN DO

Source: //theinvestor.vn/transport-infrastructure-development-a-huge-opportunity-for-deo-ca-exec-d7243.html 

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/hai-van-tunnel-not-only-shorten-the-time/ //thelouk.com/en/hai-van-tunnel-not-only-shorten-the-time/#respond Thu, 14 Sep 2023 10:23:31 +0000 //thelouk.com/?p=14613 Hai Van Tunnel Operation & Management Enterprise has just promptly handled a container truck fire approaching the southern tunnel entrance, ensuring smooth safety for people and vehicles traveling through the tunnel. Saving one more vehicle fire case is preventing another potential accident. Specifically, at 6:02 p.m. on September 12, 2023, through the surveillance camera system, ... Read more

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Hai Van Tunnel Operation & Management Enterprise has just promptly handled a container truck fire approaching the southern tunnel entrance, ensuring smooth safety for people and vehicles traveling through the tunnel.

Saving one more vehicle fire case is preventing another potential accident.

Specifically, at 6:02 p.m. on September 12, 2023, through the surveillance camera system, the Enterprise noticed a container truck with license plate 43C-20974 moving on the road leading to Hai Van Tunnel in the south-north direction with signs of unusual smoke coming from the back of the car. Immediately, the Firefighting and Rescue force was dispatched to the scene to check. After giving the command to stop, it was discovered that the vehicle had a fire problem at the rear of the vehicle.

The Hai Van tunnel’s firefighting and rescue force urgently reported to the Operations Center deployed a firefighting team, and mobilized fire trucks to be on duty at the southern tunnel entrance to intervene and handle the situation quickly while dividing and regulating traffic through the tunnel. By 6:07 p.m., the fire was completely extinguished, ensuring the safety of people, vehicles, goods, and construction structures.

The firefighting and rescue force at Hai Van tunnel promptly extinguished the fire on the container truck that encountered the problem

In a quick interview at the scene, Mr Tran Quang – the container truck driver who encountered the above incident, expressed his appreciation to the Hai Van tunnel operator for promptly detecting, handling, and supporting the vehicle. “I, like many drivers, choose to go through the road tunnel because the most important thing is that we are guaranteed safety,” Mr. Quang added.

Real value through numbers

According to the report of Hai Van Tunnel Operation Management Enterprise, Hai Van tunnel has recently served about 35 million vehicles passing through the tunnel safely and smoothly. The average vehicle flow through the tunnel has reached 9,000 vehicles/day and night. Realizing the convenience and safety of moving through the tunnel, the number of vehicles circulating on the pass has now decreased to only 12%.

In particular, during the tunnel operation, the Cultural Management unit promptly handled 20 fires and explosions in the tunnel and 14 outside the tunnel, 91 traffic accidents in the tunnel and 66 outside the tunnel, minimizing damage to people and property.

To effectively meet the fire prevention and rescue work, the HLVH unit always strictly follows measures, including continuously monitoring the traffic situation in the tunnel through the iron monitoring camera system and sensors; promptly detect incidents and accidents and immediately notify the authorities; Activate the traffic warning and guidance system so that traffic participants can avoid the incident area and circulate safely; Mobilize the unit’s forces to participate in troubleshooting support, clearing traffic and helping people in distress.

Mr. Truong Huu Nghia – Deputy Director of the Enterprise, shared that ensuring fire and explosion safety for vehicles passing through the tunnel is always an issue in managing and operating transportation infrastructure projects. The subject is our top priority. Fire and explosion incidents can happen anytime, anywhere. Therefore, the tunnel operating force always focuses on coordinating with functional agencies and local authorities to handle incidents and accidents on the tunnel, staying highly focused 24/7 in a ready-to-respond attitude. Respond promptly to prevent prolonged fire and explosion incidents from causing severe consequences.

We also periodically organize training courses to enhance knowledge and professional fire prevention and rescue skills for the Enterprise’s forces, at the same time, strengthen propaganda work for traffic participants to understand and strictly comply with regulations when traveling through Hai Van tunnel. The goal is to continuously improve the quality of management and operation of Hai Van tunnel for safety and smooth traffic through the tunnel,” said a representative of the Enterprise.

 

Ensuring fire and explosion safety for vehicles traveling through the Hai Van tunnel is always the top priority of the operating unit.

Besides enhancing trade, the Hai Van tunnel also helps traffic participants shorten the North-South journey, saving travel time from 45 minutes on the pass to only 6 minutes, reducing fuel consumption and vehicle damage. More importantly, it is to thoroughly resolve dangerous traffic “black spots” prone to congestion on the National Highway 1A section through Hai Van Pass, making an essential contribution to the socio-economic development of the locality and the area.

BY TUAN KHANG

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Deo Ca Traffic Infrastructure Investment Joint Stock Company //thelouk.com/en/beginning-construction-of-coastal-road-project-connecting-lien-chieu-port/ //thelouk.com/en/beginning-construction-of-coastal-road-project-connecting-lien-chieu-port/#respond Fri, 08 Sep 2023 13:22:08 +0000 //thelouk.com/?p=14611 On September 8, 2023, the People’s Committee of Da Nang City organized the groundbreaking ceremony of the Coastal Road Project connecting Lien Chieu Port, Da Nang City. The Coastal Road project connecting Lien Chieu Port has a total investment of more than 1,203 billion VND and is expected to be completed and used in 2025. ... Read more

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On September 8, 2023, the People’s Committee of Da Nang City organized the groundbreaking ceremony of the Coastal Road Project connecting Lien Chieu Port, Da Nang City.

The Coastal Road project connecting Lien Chieu Port has a total investment of more than 1,203 billion VND and is expected to be completed and used in 2025. The project’s starting point connects with the road outside Lien Chieu Port. The ending point intersects with the Hai Van – Tuy Loan southern bypass. The main route cross section is 30m, six lanes, design speed 60 km/h.

Delegates performed the groundbreaking ceremony

The consortium of contractors includes DEOCA Traffic Infrastructure Investment Joint Stock Company ( bet365ee ), Dacinco Construction Investment Company Limited – Phu Vinh Construction Company Limited – Xuan Quang Construction Joint Stock Company – Construction Company Limited, Nhat Huy Construction and Trading – Viet Anh Investment Joint Stock Company carried out the construction package of the Coastal Road connecting Lien Chieu port worth more than 957.5 billion VND.

The bidding package carried out by the bet365ee consortium has a length of nearly 3km, a high-grade A1 pavement structure, including construction items for different-level overpasses at the intersection at the beginning of the route with the North-South railway and Nguyen Van Cu Street ( National Highway 1A), overpass at the intersection at the end of the route with Hai Van – Tuy Loan bypass, underpass on the road to Suoi Luong, internal tunnel at Lien Chieu Industrial Park…

Machinery and equipment are ready to construct the Coastal Road project connecting Lien Chieu port

At the groundbreaking ceremony, Mr Nguyen Quang Huy – General Director of bet365ee Company- said investing in constructing Lien Chieu Port is a key city project. The City People’s Committee approves Da Nang. Da Nang will start construction on shared infrastructure from the end of 2022. The coastal road package connecting Lien Chieu port, which was started today by the bet365ee Joint Venture, is the next starting package of this vital project.

The package directly connects to the southern Hai Van tunnel route invested by bet365ee and is being managed and exploited. Therefore, participating in construction will benefit bet365ee ’s available resources, from personnel to machinery and equipment. bet365ee is confident that together with the contractor consortium, the package will be completed on schedule, ensuring quality and contributing to the project’s overall success. This is also a premise for bet365ee to affirm its capacity and aim to implement many other projects in the city. Da Nang,?Mr. Huy said.

When completed and put into operation, the coastal road connecting Lien Chieu port is expected to promote the formation and development of the city’s northern area, attracting investors and ensuring the city’s economic growth in Da Nang City and the area.

TT

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