Solving the problem of capital shortage at the key Dong Dang - Tra Linh expressway project

Tân Văn |

Cao Bang - The locality is arranging resources to soon achieve the goal of completing phase 1 of the Dong Dang - Tra Linh expressway.

According to the latest report of Dong Dang - Tra Linh Expressway Joint Stock Company (DNDA), as of November 16, the Dong Dang - Tra Linh Expressway project continued to record significant progress in both site clearance and construction at the construction site.

According to the report, site clearance (GPMB) work - which is the largest "bottleneck" in recent times - has been basically completed when the two provinces of Cao Bang and Lang Son have handed over more than 99.8% of the area. The entire route has only 4 households that have not been relocated and only 1 location of the 110kV power pole has not been processed.

At the site, the three packages EC01, EC02 and EPC all maintain a high construction intensity.

The volume of roadbed excavation has reached 92% to 96%, stone excavation has reached about 75% - 80%. The entire tunnel project has completed 100% of the excavation, reinforcement, and crust concrete construction. The bridge packages also have a bored pile completion rate of over 93%.

Tat bat tren cong truong xay dung tuyen cao toc Dong Dang - Tra Linh. Anh: Tan Van
busily at the construction site of the Dong Dang - Tra Linh expressway. Photo: Tan Van

During the week, the construction value reached more than 122 billion VND; the total accumulated project reached over 5,111 billion VND, equivalent to 81.7% of the contract value. Capital mobilization continues to be guaranteed with equity, bank loans, and budget capital disbursed on schedule.

Although there are still some minor problems with waste dumps, material mines and additional compensation payments, the overall progress is assessed to be on the right track.

The project management board continues to coordinate with localities to completely handle the remaining bottlenecks, striving to complete the goal of opening the route by December 19, 2025 according to the direction of the Government.

It is known that DNDA is mobilizing 3,331 personnel, 1,487 equipment, 276 construction teams, with output value reaching VND 4,741.69/11,397.48 billion, equivalent to 41.6% of contract value.

According to Mr. Pham Duy Hieu - General Contractor Director of the Executive Board, before September, many contractors had rented more machinery and equipment to meet the goal of opening phase 1 on December 19.

According to PV's research, to arrange the missing capital flow according to the plan, Cao Bang is implementing appropriate capital allocation plans.

Accordingly, due to objective reasons such as the annual domestically allocated capital for basic construction expenditures, the actual annual land use revenue does not reach the medium-term figure for the period 2021-2025 assigned by the Prime Minister.

In addition, when a number of important tasks arose, requiring investment in the 2021-2025 period, the province has allocated capital to start the project.

Therefore, by the end of October 2025, the remaining capital not yet allocated for phase 1 of the Dong Dang - Tra Linh expressway project is VND 2,446.649 billion.

Tinh Cao Bang dang trien khai cac phuong an de bo tri du nguon von trien khai giai doan 1. Anh: Tan Van
Cao Bang province is implementing plans to allocate enough capital to implement phase 1. Photo: Tan Van

To complete the project, the Standing Committee of the Cao Bang Provincial Party Committee recently agreed on the policy of prioritizing the allocation of sufficient remaining capital for phase 1 of the project under the form of public-private partnership (PPP) in 2026.

"Assign the Party Committee of the People's Committee of Cao Bang province to direct the Provincial People's Committee to closely monitor central ministries and branches and continue to propose to the Government to arrange the Central Budget for the period 2026-2031.

In case the Central Government does not allocate, the policy of prioritizing the maximum medium-term public investment capital in 2026 from the local budget to be allocated to the expressway project in phase 1" - Notice No. 06-TB/TU clearly states.

The Dong Dang - Tra Linh Expressway is 121km long, with a total capital of nearly VND23,000 billion, divided into 2 phases. Phase 1 is 93.35km long with 2 tunnels across mountains, 64 bridges across rivers and streams (opened in December 2025). Phase 2 will be expanded to 4 lanes, investing in an additional 26.47km connecting to Tra Linh border gate, with a total cost of VND12,072 billion, expected to be completed in December 2027.

Tân Văn
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