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CC1 HONORABLE TO PARTICIPATE IN THE CONSTRUCTION OF BID PACKAGE NO. 21 UNDER THE INVESTMENT AND CONSTRUCTION PROJECT OF BIEN HOA - VUNG TAU EXPRESS ROAD WORTH 1,411 BILLION VND

August 17, 2023

On the afternoon of August 16, 2023, the Traffic Construction Investment Project Management Board of Dong Nai province officially signed a contract to implement Package No. 21 under the Bien Hoa - Vung Expressway Construction Investment Project. Phase 1 ship.

The consortium of 4 contractors includes: Construction Corporation No. 1 - Joint Stock Company (CC1), Lizen Joint Stock Company; Hai Dang Joint Stock Company and 368 Construction Joint Stock Company were assigned package number 21 to construct the section from Km6+200 - Km16+000 under the Bien Hoa - Vung Tau Expressway Construction Investment Project phase 1 worth 1,411 billion VND (bid package price is 1,640.133 billion VND) with project implementation period of 915 days, contract according to adjusted unit price.

Illustrative photo of the Bien Hoa - Vung Tau expressway. Internet source.

It is known that the Bien Hoa - Vung Tau expressway is in the list of projects eligible for the contract bonus mechanism according to Decree 15/2023/ND-CP. The contractor consortium has prepared resources for construction work (expected by the end of September 2023) to complete assigned tasks and soon put the project into operation.

Currently, CC1 and other Joint Venture contractors are participating in 4 component projects under the Eastern North - South Expressway Construction Project for the period 2021 - 2025 including: Component Expressway Project in Can section Tho - Hau Giang package XL01 with package value of 7,966 billion VND; Component expressway project of Hau Giang - Ca Mau section XL03 package with package value of 3,334 billion VND; Quy Nhon - Chi Thanh section expressway project package 11-XL with package value of 3,690 billion VND; Chi Thanh - Van Phong section expressway project package XL02 with package value of 4,440 billion VND. Most recently, on July 27, 2023, CC1 continued to participate in component project 3 of the Khanh Hoa - Buon Ma Thuot Expressway Construction Investment Project, phase 1 worth VND 1,467 billion.

To participate in the above national key projects, CC1 has ready raw materials; Standard machinery and equipment systems and highly experienced and professional human resources, with efforts to complete the project on schedule, ensuring quality, labor safety and green environment at the construction site.