As strategic infrastructure projects in the Southeast region, such as Long Thanh airport and expressways and ring roads, are becoming operational, the need for stronger connectivity between Ho Chi Minh City and Dong Nai is clear. Challenges extend beyond implementation timelines, encompassing the financial capacity, investment experience, and risk management of businesses in these large, inter-regional projects.

Construction Corporation No. 1 - Joint Stock Company (CC1), with 46 years of experience in major infrastructure projects and a strong financial foundation, contributes to the development of critical connectivity projects.

CC1 headquarters - an enterprise specializing in large-scale infrastructure investment projects. Photo: CC1

Two major bridge projects set to begin in Dong Nai

In the new phase of infrastructure development, Dong Nai is actively adopting public-private partnership (PPP) and build-transfer (BT) models for key transport projects. Cat Lai Bridge and Long Hung Bridge are two prominent projects along the Dong Nai River connection axis, aiming to alleviate existing traffic pressure while expanding urban, industrial, and logistics development.

These projects are significant in scale, total investment, and technical requirements. Therefore, investor selection criteria extend beyond construction capability to include capital mobilization, project implementation experience, and the ability to coordinate with local authorities long-term.

CC1, along with its member companies, has formed an investor consortium selected to execute these two projects under the PPP and BT models. According to the company, participation in the Cat Lai and Long Hung bridge projects is not only a milestone in its development strategy but also demonstrates the private sector's growing maturity in large-scale, inter-regional, and long-term infrastructure investment.

Experience in river-crossing infrastructure investment

In transport infrastructure, particularly river-crossing structures, CC1 has accumulated experience through various stages of urban development in the Southern region.

In 2005, CC1 was selected as the general contractor for the Thu Thiem Bridge, spanning the Saigon River. This project was a crucial infrastructure component linked to the formation and development of the Thu Thiem urban area, enhancing connectivity between the two riverbanks and expanding development towards the east of Ho Chi Minh City.

Thu Thiem Bridge project implemented by CC1. Photo: CC1

Subsequently, the company continued its involvement in other Dong Nai River crossing projects in various capacities. As a build-operate-transfer (BOT) investor, it contributed to the Dong Nai Bridge and An Hao Bridge, improving traffic capacity along the connection axis between Ho Chi Minh City and the southeastern provinces. As a construction contractor, CC1 also participated in the Hoa An Bridge project, linking urban and industrial zones within Dong Nai province.

A common characteristic of these projects is the high demand for construction techniques, project organization, and multi-stakeholder coordination, particularly under challenging conditions of river crossing construction and heavy traffic.

Building on its experience as a construction contractor, CC1 has progressively expanded its role into infrastructure investment. The formation of an investor consortium with its member companies and the subsequent selection to undertake the two Cat Lai and Long Hung bridge projects under PPP and BT models signify a clear transformation for the company within the infrastructure value chain.

"We are committed to mobilizing maximum resources, applying advanced technical solutions, ensuring project progress, quality, and safety, thereby contributing with Dong Nai province to realize its development objectives," a CC1 representative stated.

According to company information, CC1's investment capacity is bolstered by positive shifts in its financial performance. The consolidated financial report for QIII/2025 indicates a 394% increase in the company's after-tax profit compared to the same period last year. For the cumulative nine months, pre-tax and after-tax profits rose by 189% and 185% respectively. The company attributes these results to effective cost management, optimized cash flow, and project portfolio restructuring.

Concurrently, the company announced a plan to increase capital through an additional share issuance, projected to raise over 1,100 billion VND. According to company leadership, this private placement of shares is a critical step for CC1 to proactively secure financial resources, capitalize on favorable policy conditions, and ensure its capacity to participate in and execute key national PPP projects in the upcoming period.

Hoai Phuong