The Dong Nai People’s Committee has approved the Construction Corporation No. 1 – Joint Stock Company (CC1) as the investor for two bridge projects, Cái Lái Bridge and Long Hưng Bridge (Dong Nai 2 Bridge), under the Public-Private Partnership (PPP) model. Cái Lái Bridge has a provisional investment of approximately 18.3 trillion VND, spanning nearly 11.6 km with an 8-lane design, connecting HCM City with Nhơn Trạch. Meanwhile, Long Hưng Bridge is projected to cost over 11.495 trillion VND, connecting National Highway 51 with Ring Road 3, alleviating traffic on existing routes. CC1 will manage its capital funding and could receive state payments through land auction revenues and public investment budget. CC1 plans to raise 1.11 trillion VND through a private share issuance, allocating about 849 billion VND for Cái Lái Bridge and nearly 261 billion VND for Long Hưng Bridge. The company is also engaged in various large-scale infrastructure projects nationwide.
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