📋 Tender Overview
The official start of the Red River landscape boulevard not only marks the start of a particularly large-scale urban-infrastructure project, but also poses the core problem of long-term development: How can projects with a multi-decade vision be implemented durably, overcoming economic cycles and policy changes - where the role of the private sector becomes the deciding factor in the ability to reach the end. Perspective of the Red River Landscape Avenue project. 2.8 million billion VND in private capital and the shift in infrastructure development. Speaking at the groundbreaking ceremony, inauguration and technical opening of works and projects to celebrate the 14th National Congress of the Party on December 19, Prime Minister Pham Minh Chinh emphasized that these are large-scale works and projects with complex techniques, playing a particularly important role in the countrys socio-economic development. Notably, the total investment of projects started and inaugurated in this phase amounted to more than 3.4 million billion VND, of which private capital contributed nearly 2.8 million billion VND, accounting for over 82%. The numbers not only reflect the scale of investment but also show a fundamental shift in the way Vietnams infrastructure is developed today. The private sector has become one of the main pillars of the implementation process, instead of just playing a supporting role as before. Placed in that context, the Red River Landscape Avenue is not a single transportation project. With a total preliminary investment of about 855,000 billion VND, the project is designed as an infrastructure-urban-landscape complex with a scale of up to 11,000 hectares, extending from Hong Ha bridge to Me So bridge. The project structure is divided into four independent component projects. The components include a nearly 80 km long boulevard on both sides of the river; riverside park-landscape system of about 3,300 hectares; The underground metro line on the right bank is about 42 km long. Besides, resettlement urban areas are arranged on site. The above approach shows a long-term implementation mindset. Breaking the project into clear components not only helps allocate resources effectively but also creates conditions for the PPP model to operate in reality, when risks and responsibilities are shared appropriately between the State and the private sector. In that general picture, the participation of a consortium of large investors is decisive. Urban-infrastructure projects with a multi-decade vision are not for a single business, but require strong financial capacity, implementation experience and the ability to coordinate closely with the government and the community. The joint venture, therefore, is seen as the convergence of many different pieces of competence. From a broader perspective, the private sectors deep participation in strategic infrastructure projects also reflects the maturity of the economy. Previously, large projects relied mainly on State resources, but now the capital structure and implementation model have changed clearly. The private sector is ready to shoulder larger and longer-term problems. Quang Tri Airport.T&T Group in a joint venture: From specific projects to strategic infrastructure As a member of a joint venture of large investors, T&T Group appears as an enterprise that has accumulated experience through many large-scale infrastructure, energy and urban projects. With T&T Group, that journey does not take place in a single field, but is implemented according to the logic of open development space with many different infrastructure layers, from transportation, logistics to energy... Quang Tri Airport is one of the typical examples. Before 2020, Quang Tri was a locality without a civil airport, and air connectivity was limited. This directly hinders the ability of a potential locality to make a breakthrough. Meanwhile, Quang Tri is positioned as a logistics and goods transshipment center associated with transport corridors in the ASEAN region and the Mekong sub-region. After four years of preparation, the project was officially started. The port has a scale of about 265 hectares, with a total investment of 5,800 billion VND. The project is designed to meet 4C level operating standards, capable of operating Code E aircraft, meeting the needs of up to 5 million passengers and 25,500 tons of cargo per year. On the basis of the airport, T&T continues to propose planning an aviation industrial complex, logistics, services and airport urban area with a scale of about 10,800 hectares. The planning uses the airport as the nucleus, integrating the functions of aviation industry, logistics and airport urban areas according to a synchronous development model. Prioritizing the development of aviation industrial complexes and large-scale cargo transit centers not only creates economic value for the locality, but also contributes to improving infrastructure competitiveness at the regional level. When put into operation from 2026, Quang Tri airport is expected to truly open the sky for Quang Tri and become an important driving force for this locality to take off in the near future. Perspective of Bao Loc-Lien Khuong ExpresswayIf the airport opens the door to air connections, ground infrastructure is a condition for those connections to be effective.. Bao Loc-Lien Khuong Expressway continues to show how T&T Group approaches the problem of opening a long-term development axis. When completed, the more than 73 km long route will complete the Dau Giay-Lien Khuong arterial axis, increase connectivity between the Central Highlands and the southern key economic region, and create space to form urban chains, industrial parks and logistics centers along the route. Along with transportation infrastructure, T&T Group has expanded its role and position in the field of logistics - the direct connection between production, circulation and export. Vietnam Super Port(tm) is a typical project for t
