Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) announced that it has received a resolution from the People's Committee of Dong Nai (UBND Dong Nai) regarding the investment policy for an elevated road project along National Highway 51. The project's scope extends from Nga tu Vung Tau intersection to the Vo Nguyen Giap street interchange with the Bien Hoa - Vung Tau Expressway. The People's Committee approved the consortium of CII, CII Service, IMIC, and Ha tang Land as the investor to prepare the project documents.

Specifically, the project begins at Le Van Duyet street and stretches for approximately 6,2 km to Vo Nguyen Giap street, with the viaduct section measuring over 4,6 km. Designed as a main urban arterial road, it features a design speed of 80 km/h and a main bridge width of six lanes. Concurrently, the project will upgrade and improve the existing road below to provide four lanes for motorized vehicles and two mixed-use lanes. The investor will also construct interchanges and other necessary structures along the route, including intelligent transport systems and toll collection systems.

Perspective of the elevated road project along National Highway 51 at Nga tu Vung Tau interchange. Photo: CII

The project's total estimated investment is over 16,400 billion VND. Construction costs account for over 44% of this amount, while compensation, support, resettlement, and infrastructure relocation expenses represent nearly 30%. The project requires land clearance of nearly 58,2 hectares, affecting approximately 49 households. The remaining costs are allocated for loan interest, contingencies, equipment management, and other related expenses.

The project will be implemented under a public-private partnership (PPP) model, specifically a build-operate-transfer (BOT) contract. The CII consortium is responsible for arranging the entire aforementioned capital.

National Highway 51 is one of the main arterial roads connecting Dong Nai with the two ends of Ho Chi Minh City (including Ho Chi Minh City territory and the former Ba Ria - Vung Tau area). It is strategically located near Long Thanh airport and several expressways. This route currently faces significant pressure due to high traffic volume, numerous intersections, and ongoing repair and upgrade activities following pavement deterioration and the appearance of many potholes. Long-lasting traffic congestion, often spanning many kilometers, is frequently observed during peak hours, significantly increasing travel times for residents.

According to the People's Committee of Dong Nai, investing in and constructing the elevated road along National Highway 51 will help complete the city's transport infrastructure system. This will ensure smooth and convenient traffic connectivity with Ho Chi Minh City, thereby fostering socio-economic development for the region.

Long traffic jam on National Highway 51, evening of 16/4. Photo: Phuoc Tuan

CII is one of the leading enterprises in transport infrastructure. In Ho Chi Minh City, the company's name is associated with major projects such as the expansion of Xa lo Ha Noi, the infrastructure investment in the Northern residential area, and the completion of the North - South axis in the Thu Thiem new urban area. Additionally, CII is known as the investor for the Ho Chi Minh City - Trung Luong - My Thuan Expressway.

Recently, the company announced its idea for transit-oriented development (TOD) in the Hang Xanh area with a total investment exceeding 18,5 billion USD. CII is also collaborating with the Ho Chi Minh City State Financial Investment Company (HFIC) to research a project to upgrade Xa lo Ha Noi from Saigon Bridge to Tan Van interchange, valued at 3,500 billion VND.

Tat Dat