On October 23rd, 2021, Deputy Minister of Transport Le Anh Tuan led the delegation to visit and inspect the implementation of Cam Lam - Vinh Hao expressway under the project to build a number of expressway sections on the North - South route in the East.
According to the report of the Board of Directors of Cam Lam - Vinh Hao Expressway Joint Stock Company (project enterprise), so far the Investor Consortium has contributed more than 731 billion VND of equity to the project, about 200% ahead of schedule according to the provisions of the BOT contract. Regarding other mobilized capital, the Investor proactively mobilized about VND 2,090 billion through BCC business cooperation contracts with units. Besides, TPBank also participates in sponsoring the project with a limit of about VND 2,200 billion.
General Director Phan Van Thang reported the project implementation status.
Although the negotiation took a long time and it was a project to sign a BOT contract after other projects in order to agree to remove obstacles and inadequacies, drawn from the experience of Deo Ca Group. So far, Cam Lam - Vinh Hao expressway has basically been arranged with capital for implementation.
During the recent Covid-19 outbreak, the provinces of Khanh Hoa, Ninh Thuan, and Binh Thuan all applied social distancing according to Directive 16 of the Government, so the gathering of human resources, machinery, and equipment encountered many difficulties. However, with the support of localities where the project passes and the efforts of investors and project enterprises, up to now, the Executive Board has mobilized nearly 1,000 officials, workers and more than 300 machines, construction equipment to build the operator's house, camp area, construction auxiliary area, public service road, and the construction of Vung mountain tunnel...
Mr. Phan Van Thang - General Director of Cam Lam - Vinh Hao Expressway Joint Stock Company said that at present, the handover work is about 1.5km of the route from Km116+780 - Km118+280 and some local locations… The local side is still in the process of considering and resolving. In some work items, the design documents of technical design steps, network landmarks, etc., are different from the actual field situation, it is necessary to consult the parties to clarify and provide solutions.
In addition, the actual material mines have reserves and capacity that are not as guaranteed as the design documents (only to meet 20-30%), the cost of materials is increasing, the materials are far away from highways and the material transportation routes pass through many residential areas, affecting the environment. The difficulties in material sources will affect the project implementation progress, the project enterprise proposes the Ministry of Transport to consult with the locality to provide new material mines to investors according to Resolution 60. /NQ-CP of the government, there must be a solution to stabilize the price of materials in the provinces where the project passes.
After listening to the reports of project enterprises, Deputy Minister Le Anh Tuan highly appreciated the efforts of investors and project enterprises. Despite facing many difficulties due to the epidemic, the enterprise tried to mobilize machinery, equipment and personnel to the project as well as took the initiative in arranging capital sources and organizing construction projects. Deputy Minister Le Anh Tuan affirmed that "The Ministry of Transport will accompany investors in the coming time to solve problems and difficulties in terms of premises, sources of materials, and will direct specialized departments and divisions of the Ministry to solve procedural problems, give suggestions to the locality to create favorable conditions for investors to implement the project to ensure progress”.
Deputy Minister of Transport Le Anh Tuan (wearing a mortar hat) gave gifts to encourage workers and engineers who were constructing Nui Vung tunnel.
Deputy Minister Le Anh Tuan believes that with the capacity and experience of Deo Ca Group, which has invested and completed many BOT projects with a large total investment, complex construction techniques... Deo Ca will continue to complete the quality standards and ensure the schedule set out not only in the Cam Lam - Vinh Hao project but also in other future projects in the form of a public-private partnership.
The Cam Lam - Vinh Hao section with a total investment of 8,925 billion VND, with a total length of 78.5 km, passing through 3 provinces of Khanh Hoa, Ninh Thuan and Binh Thuan, is one of three component projects invested in the form of PPP. On January 8th, 2021, the Minister of Transport approved the results of investor selection as a joint venture of Deo Ca Group Joint Stock Company, Deo Ca Construction Joint Stock Company and 194 Construction Investment Joint Stock Company.
BY MINH ANH
