Son Hai Group requests to expand 263km of the North-South expressway with 100% private capital

Hữu Long |

Son Hai Group has sent a document to the Prime Minister, proposing to invest in the complete expansion of the expressway section from Hoai Nhon to Nha Trang, 263km long.

According to the text content, led by Mr. Nguyen Viet Hai - Chairman of the Board of Directors of Son Hai Group Joint Stock Company - consigned to the Prime Minister, the enterprise proposed to be researched and invested in expanded according to the planning of the entire North - Southern highway Hoai Nhon - Nha Trang. Including component projects: Hoai Nhon - Quy Nhon, Quy Nhon - Chi Thanh, Chi Thanh - Van Phong, Van Phong - Nha Trang, total length of 263km, passing through two provinces of Binh Dinh and Khanh Hoa.

Son Hai Group commits to self-arranging all investment capital, including equity and other legally mobilized sources, without using state budget capital.

The enterprise also affirmed that it will implement the construction within no more than 24 months and ensure the quality of the project for 10 years.

Mr. Nguyen Viet Hai said that this proposal is aimed at responding to Resolution 68/NQ-TW of the Politburo, demonstrating the desire to accompany the Government in mobilizing social resources to develop transport infrastructure, reducing pressure on the state budget and creating more jobs for workers.

Son Hai Group is a private enterprise operating in many fields, notably investing, constructing and operating transport works.

This enterprise has constructed more than 185km of expressways nationwide, including many projects implemented under the PPP method such as: Nha Trang - Cam Lam, La Son - Tuy Loan expressways; Mai Son - QL45 sections, Nghi Son - Dien Chau, Vung Ang - Bung, Hoai Nhon - Quy Nhon, Van Phong - Nha Trang...

Regarding the policy of expanding the North - South expressway sections, in Notice No. 266/TB-VPCP, Deputy Prime Minister Tran Hong Ha assigned the Ministry of Construction to preside over the completion of the investment plan under the PPP method or exploitation rights combined with upgrading and expansion, not using public investment.

The Deputy Prime Minister requested the Ministry of Construction to absorb the opinions of ministries and branches, and at the same time develop detailed scenarios on 15 sections of the expressway that need to be expanded, analyze economic efficiency, survey the level of interest of investors, especially pay attention to prioritizing projects under construction to avoid waste.

Vietnam Expressway Corporation (VEC) is also assigned to proactively propose an investment plan to upgrade the sections of the route, report to the Ministry of Construction on June 2 for synthesis and submission to the Prime Minister before June 5, 2025.

Hữu Long
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The Deputy Prime Minister requested an inspection of the selection of bidding packages after the reflection of Son Hai Group

HƯƠNG NHA |

Deputy Prime Minister Tran Hong Ha has just requested the establishment of an inter-Ministryal Working Group to conduct an inspection of the selection of contractors for the expressway project package.

Should conduct bidding again according to Son Hai Group's proposal

Lê Thanh Phong |

Binh Phuoc province is reviewing the proposal of Son Hai Group related to the construction package of the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway.

Binh Phuoc will consider Son Hai Group's bidding recommendation

ĐÌNH TRỌNG |

Binh Phuoc - The province is considering the proposal of Son Hai Group to re-contract the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway construction package.