Extension of construction time of Dien Chau - Bai Vot Expressway PPP Project
The Eastern North-South Expressway component project, Dien Chau - Bai Vot section, will have the completion date of the entire project extended to September 30, 2024 instead of May 22, 2024 as originally planned.
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| A section of Dien Chau - Bai Vot highway. |
The Ministry of Transport has just sent an official dispatch to the Departments: Vietnam Expressway; Construction Investment Management; Project Management Board 6; Phuc Thanh Hung Investment Joint Stock Company (project enterprise) regarding the construction time of the PPP project of the North-South Expressway, Dien Chau - Bai Vot section.
Accordingly, the Ministry of Transport agreed to extend the completion time to open the main route from the National Highway 46B intersection to the end of the route (about 19.3 km) before June 30, 2024 and complete the entire remaining volume of the Project before September 30, 2024.
Project Management Board 6 is required to perform assigned tasks, exercise the rights and obligations of the competent State agency to complete procedures related to adjusting the project construction time.
Vietnam Expressway Administration performs the functions and tasks assigned by the Ministry of Transport, performs the tasks of the authorized Contract Signing Agency, coordinates with relevant parties to sign the BOT Contract Appendix to adjust the project construction time; at the same time, presides over the completion of project investment procedures related to adjusting the project construction time.
The Ministry of Transport requires that the completion of procedures and signing of the BOT Contract Appendix to adjust the project construction time must ensure compliance with the provisions of the signed BOT Contract and BOT Contract Appendix, and not affect the rights of the competent State agency.
Previously, on April 28, 2024, the project enterprise put into operation the section from Km430+000 (in Dien Chau district, Nghe An province) to the intersection of National Highway 46B (to Vinh city, Nghe An) with a total length of about 30 km.
With the remaining construction volume including the foundation and road surface of the section from the National Highway 46B intersection to the end of the route Km479+300, the service road system along the route, the project enterprise has directed the construction contractors to re-establish the detailed construction schedule. According to the project enterprise's calculations, the time needed to complete the entire main route volume of the project is expected to be September 2, 2024 and to complete the entire project to ensure that it meets the conditions for acceptance and operation is expected to be December 31, 2024.
The Dien Chau - Bai Vot component project is invested under the PPP method with a total length of 49.3 km. In the final design phase, it is a highway with a design speed of 100-120 km/h, and the Than Vu tunnel has a design speed of 80 km/h. In the investment phase, it has a scale of 4 lanes and a roadbed width of 17 m.
The total investment of the entire project is 11,157.82 billion VND, of which the investor's capital is about 5,090.08 billion VND; the state capital participating in the project is about 6,067.73 billion VND. The selected investor is the consortium of Hoa Hiep Company Limited - CIENCO4 Group Joint Stock Company - Nui Hong Investment Company Limited - Truong Son Construction Corporation - VINA2 Investment and Construction Joint Stock Company; the project enterprise is Phuc Thanh Hung Investment Joint Stock Company. This project started construction in May 2021 but continuously encountered difficulties due to land and financial problems.
Source: https://baodautu.vn/gia-han-thoi-gian-xay-dung-du-an-ppp-cao-toc-dien-chau---bai-vot-d215748.html
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