Project perspective. Source: Binh Duong
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According to Decision No. 261/QD-UBND dated January 25, 2025, the Chairman of the Binh Duong People’s Committee approved the selection of the winning investor for the project, a joint venture comprising: Industrial and Development Investment Corporation (Becamex IDC, HOSE: BCM), Technical Infrastructure Development Corporation Becamex – Binh Phuoc (BCMC), Deo Ca Group Joint Stock Company (DCAC), and Technical Infrastructure Development Corporation (Becamex IJC, HOSE: IJC). The project has a total investment of over VND 8,833 billion, funded by owner’s equity, loans, and other legal capital sources (including interest expense).
The preparation time for the construction of the infrastructure system and the construction of the work and infrastructure system is 36 months from the effective date of the project contract. The operation and business time of the work and infrastructure system is 32 years and 5 months from the date the competent authority approves the investor to collect road use fees.
The project starts at the intersection with Ho Chi Minh City Ring Road 3 in Thu An City and ends at Km52 +159 (the boundary between Binh Duong and Binh Phuoc provinces). The route passes through Thu An City, Tan Uyen City, and Bac Tan Uyen, Phu Giao, and Bau Bang districts.
The total length of the project is over 52km, of which the section remains unchanged at 6.5km (from Ho Chi Minh City Ring Road 3 to before the Khanh Van intersection), and the newly constructed section is over 45.6km. The expressway has four lanes, with a continuous emergency stop lane, a road width of 25.5m, and a design speed of 100km/h; sections with high traffic demand invest in the collection lane to ensure two motor lanes.
According to our information, on January 25, a legal entity named Ho Chi Minh City – Thu Dau Mot – Chon Thanh Expressway Joint Stock Company was established, headquartered at WTC Tower, No. 01 Hung Vuong Street, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province. The main registered business line is the construction and exploitation of technical infrastructure in the form of a build-operate-transfer (BOT) contract.
The company has a charter capital of VND 100 billion, and the founding shareholders are the four members of the above joint venture. In particular, BCM contributed the most with 49%, and IJC contributed 20%. The company is led by Mr. Nguyen Thanh Hai as General Director and legal representative.
 BCM’s net profit declined in the 4th quarter of 2024
 IJC’s Q4 profit doubled thanks to associates and joint ventures
– 06:03 28/01/2025
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