Lam Dong Leaders Review Implementation of Bao Loc - Lien Khuong Expressway Project

According to Bao Loc - Lien Khuong Expressway Joint Stock Company (the project investor), the company has completed its organizational structure and mobilized sufficient personnel to fulfill project implementation requirements.

The investor has contributed its equity capital and is currently submitting documents for loan appraisal while negotiating credit agreements worth approximately VND 8 trillion with banks.

The project company has issued regulations and plans for contractor selection, with 7 of 19 priority packages already chosen for early implementation. Consulting contractors have completed 90% of survey work and 60% of technical design.

The company has also paid fees for compensatory forest planting and is completing procedures to submit to the provincial authorities for approval of forest land-use conversion.

It is expected that in the first quarter of 2026, the enterprise will complete the appraisal procedures, sign the project credit agreement, complete the survey, technical design, cost estimate, and select the construction contractor. From March to June 2026, the project will proceed with construction-drawing design, approvals, and groundbreaking.

To facilitate implementation, the investor requested that the provincial authorities direct relevant agencies to hand over cleared sites in accordance with the schedule and the signed BOT contract. The company also proposed that departments and sectors promptly review construction material quarries to supplement supply and increase capacity for project needs.

At the meeting, Vice Chairman Nguyen Hong Hai and leaders of departments and agencies asked the project company to proactively review all work items and provide clear proposals to facilitate the resolution of outstanding issues by the authorities.

Provincial leaders required the investor to swiftly finalize its organizational setup and ensure lawful capital mobilization. The project company was also urged to carefully review construction plans to adopt suitable solutions and avoid risks during implementation.

Vice Chairman Nguyen Hong Hai requested that the investor complete its organizational structure and open representative offices in relevant localities by January 2026. Each office must designate a clear point of contact, including title, address, and specific phone number, to be shared with relevant authorities and local administrations.

Also in January 2026, the investor is required to delineate the project’s construction boundaries for submission to competent authorities for evaluation and monitoring. The enterprise must develop an implementation plan closely aligned with on-the-ground conditions, clearly defining contractors’ specific tasks.

The Lam Dong Land Fund Development Center will coordinate with local authorities and the investor to focus on site clearance at key sections, ensuring uninterrupted handover of cleared land. Contractors are required to mobilize manpower and equipment immediately upon site handover.

The provincial government assigned Lam Dong Project Management Board No. 1 and the Lam Dong Department of Construction to work with the investor on document appraisal and approvals to maintain the project on schedule. Vice Chairman Nguyen Hong Hai also instructed relevant agencies to review the contract and take corrective or regulatory action in accordance with the law in cases of contract violations or delays.