Vietinbank determine to join the investor in bringing Hai Van 2 project to complete in 2020

04/06/2019     269

In the afternoon of June 3rd, 2019, in Da Nang city, Mr. Tran Minh Binh, General Director of VietinBank and the delegates had a meeting with Deo Ca Group to discuss about the contents related to capital disbursement for the project in the Central Vietnam that the Group is implementing.

Chairman of Deo Ca Group and General Director of Vietinbank offer flowers and gifts to construction workers in the northern tunnel door

Reporting on the implementation of Deo Ca tunnel construction project (including Deo Ca tunnel, Co Ma tunnel, Cu Mong tunnel, Hai Van tunnel), Mr. Nguyen Tan Dong, Deputy General Director of Deo Ca Investment Joint Stock Company, Vice Chairman of Deo Ca Group, said that Deo Ca and Ca Ma tunnels started construction in November 2012, and were completed and put into operation from August 23rd, 2017. Construction of Cu Mong tunnel started in September 2016 and was put into operation on January 21st, 2019.

For Hai Van Tunnel, this project started in April 2016, and has completed phase 1 since August 2017 (upgrading road section of the National Highway 1 through Hai Van Pass, upgrading and repairing Hai Van 1 Tunnel) and is presently implementing phase 2 (expansion work on Hai Van 2 tunnel).

The digging and reinforcing work in Hai Van 2 tunnel reached 86%, concrete tunnel roof work reached 37%, and the total workload of phase 2 reached 57%. Mr. Nguyen Tan Dong said that according to the current construction progress, the project will be completed in 2020 as expected.

Photo taken at the construction tunnel in the north of km4 + 500

At the meeting, Deo Ca Investment Joint Stock Company also raised difficulties such as: The National Assembly recovered 1.180 billion VND of government bonds allocated for the project, the application of low fee in nearly 2 years, no charge at Nam Hai Van station, no charge at La Son - Tuy Loan station ... affecting investment activities and construction operations.

Deo Ca Investment Joint Stock Company has made some recommendations to Vietinbank. By which, Deo Ca tunnel project still has some items that are in the finalization stage, so some bidding packages have not been disbursed. Deo Ca Company requested Vietinbank to extend the period of disbursement of facilities contract. If the disbursement is delayed, the investor will use the revenue from toll gates to complete the project. The Company proposed to consolidate the operation management costs of the remaining tunnels into the project investment cost as a basis to propose to the Ministry of Transport for settlement.

Deo Ca Company also requested Vietinbank leaders to organize the expedition to evaluate the products and operation management, exploitation, and collection of the work at Cu Mong and Deo Ca tunnels before the National Assembly check the construction.

Vietinbank works with Hai Van Tunnel Project Management Board

Mr. Tran Minh Binh, General Director of Vietinbank said: “Deo Ca is the biggest customer of Vietinbank. Vietinbank and the investor will cooperate with an aim of promoting the project to finish on time".

Mr. Tran Minh Binh also suggested that the venues of Vietinbank to actively cooperate with investors to accelerate disbursement progress. He also requested the two parties to share more information and support each other to solve problems.

Before that, in the morning of the same day, Mr. Ho Minh Hoang, Chairman of Deo Ca Group had an internal meeting at Hai Van Tunnel Management and Operation Joint Stock Company (Hamadeco). Mr. Ho Minh Hoang assessed that the overall activities of the group are fulfiled in a harmonious way and are connected promptly. In addition, the Head of Deo Ca Group requested Mr. Nguyen Tan Dong and his Assistant Board to reorganize some activities of the companies in Phu Yen.

Regarding activities, the delegation, Chairman Ho Minh Hoang said that the communist party of Hamadeco Company is the backbone of the Group's Party activities, so he recommended the Company to build and develop the Party course for the core workforce. The Chairman of the Board of Directors of the Group said that, one day in the near future, he will hold a talk with the communist party of Hamadeco to listen to the opinions of its members.

Public Relations Department