On the morning of December 19, in a vibrant atmosphere celebrating the 11th National Emulation Congress and the 14th National Party Congress, a grand ceremony was held for the simultaneous groundbreaking and inauguration of 234 key projects nationwide. With a total investment exceeding VND 3.4 quadrillion ($129 billion), the event took place across 79 locations, symbolizing the 79th anniversary of National Resistance Day.
Joining this historic milestone, CENTRAL Construction Joint Stock Company, in proud collaboration with local authorities and the investment consortium, officially commenced two major projects, reaffirming its capability and responsibility in strengthening national infrastructure and social welfare.
1. Dinh Khao Bridge Project (Vinh Long Province)
Dinh Khao Bridge is a Grade I transport infrastructure project crossing the Co Chien River, designed to enhance regional connectivity between Vinh Long and the Mekong Delta. CENTRAL participates as a strategic member of the Investment Consortium under the Public-Private Partnership (PPP) model.
The Investment Consortium includes:
With a total investment of nearly VND 3 trillion and a length of 4.3 km, the Dinh Khao bridge serves as a vital development corridor. Once completed, it will replace the old ferry system, facilitating trade, reducing logistics costs, and fostering socio-economic growth for the entire region.
Speaking at the event, Mr. Tran Tri Quang – Chairman of the Vinh Long Provincial People’s Committee, emphasized:
“Dinh Khao Bridge is a Grade I, Group A transport infrastructure project implemented under the Public-Private Partnership (PPP) model. It holds strategic significance in perfecting the inter-regional transport network, reducing travel time, and fostering socio-economic growth for Vinh Long Province and the Mekong Delta. Upon completion, the project will serve as a growth engine to attract investment and promote logistics, high-tech agriculture, and eco-tourism, delivering value not only for the present but also for future generations.
The provincial leadership highly appreciates the sense of responsibility and commitment demonstrated by the Investment Consortium in adhering to technical standards and ensuring progress, quality, occupational safety, and environmental protection. We firmly believe that, with the close coordination of authorities at all levels and the consensus of the local community, Dinh Khao Bridge will soon be completed as a flagship work, transforming the landscape of transport infrastructure and driving the locality’s long-term prosperity.”
Mr. Tran Quang Tuan – Chairman of CENTRAL, representing the consortium, stated:
“The Dinh Khao Bridge project, implemented by the Investment Consortium, goes beyond mere investment and construction; it embodies a long-term partnership and a steadfast commitment to contributing to the sustainable infrastructure of Vinh Long Province and the Mekong Delta at large. Furthermore, this serves as a testament to the Consortium’s corporate social responsibility toward the nation’s overall development process.”
The Investment Consortium pledges to mobilize maximum resources, including personnel, finance, equipment, and advanced technology. We are committed to organizing construction in a scientific and synchronized manner, prioritizing quality management, occupational safety, and environmental protection. Simultaneously, we will maintain close coordination with local authorities, functional agencies, and the community to ensure the project is completed on schedule, meets the highest quality standards, and delivers enduring socio-economic efficiency.
2. Tien Duong Park City – Social Housing Project (Hanoi)
PROJECT INFORMATION:
| Commercial Name: | Tien Duong Park City |
| Investor: | VIHOCE Tien Duong Investment JSC |
| Total Investment: | 10,000 billion VND |
| Scale: | 45 hectares (80% Social Housing, 20% Commercial Housing). Including: – Social housing towers (9–18 floors); – 03 commercial apartment towers (18 floors); – 99 commercial townhouses; – 02 commercial-service blocks and 01 shopping center; – A comprehensive ecosystem including green parks, public squares, schools, sports complexes, and diverse public amenities. |
Tien Duong Park City is a modern, synchronized urban area providing over 3,500 apartments (including 3,103 social housing units) for approximately 12,500 residents. In this project, CENTRAL serves as the Design & Build (D&B) General Contractor and a strategic investor alongside prestigious partners Viglacera and Hoang Thanh.
The Tien Duong 1 Social Housing Project holds profound significance. Through the investment consortium model, CENTRAL not only assumes the role of Design & Build (D&B) General Contractor but also directly participates as a strategic shareholder, partnering with industry leaders and prestigious organizations, Viglacera and Hoang Thanh.
Speaking at the ceremony, representatives of the Hanoi leadership highly commended the proactive, serious, and expedited spirit of the investment consortium in project implementation. They reaffirmed that Tien Duong Park City carries not only economic value but also deep-seated social significance, directly contributing to the Government’s national strategy of developing one million social housing units.”
Representing the Investment Consortium, CENTRAL’s representative shared: “We would like to express our profound appreciation and gratitude to the State management agencies, the Hanoi authorities, and local government for their invaluable guidance and support. We pledge to maintain close-knit coordination, while respecting and upholding a spirit of collaboration that leverages the unique strengths of each consortium member. Together, we are committed to our shared goal: completing the project on schedule, ensuring the highest standards of quality and safety, and delivering maximum social impact.”
By joining the investment consortium alongside industry giants, CENTRAL reaffirms its strategic expansion and partnership with leading market players. This decision stems from a pragmatic analysis of the current housing demand in Vietnam, specifically targeting the affordable housing segment. By addressing the actual financial capacity of the majority of citizens, CENTRAL aims to deliver tangible and enduring values for the community.
On the same day, the Board of Directors of CENTRAL was honored to attend the Groundbreaking Ceremony for the Ben Thanh – Can Giờ High-Speed Railway Project (HCMC), one of the nation’s most strategic transport infrastructure works. In this project, CENTRAL serves as a key contractor responsible for critical construction segments, including the production and installation of girders, as well as the construction of piles, foundations, and piers for the main sections of the line. Participation in this project is a clear testament to CENTRAL’s large-scale infrastructure capability and its extensive field experience in modern transportation sectors.
AFFIRMING CORPORATE VISION AND RESPONSIBILITY
The fact that CENTRAL, in coordination with local authorities and consortium members, simultaneously broke ground on these projects at the same time the nation celebrated the groundbreaking and inauguration of 234 key works carries profound significance. It demonstrates a spirit of alignment with the development policies of the Party and State, as well as the responsibility of the enterprise as the country enters a new development cycle.
Beyond investment and construction activities, the projects implemented by CENTRAL embody a long-term commitment to creating sustainable infrastructure, fostering regional connectivity, and making tangible contributions to the socio-economic prosperity of each locality and the country as a whole./.
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