The “four pillars” of the construction industry – VCG, HHV, LCG and C4G won a series of tender packages with a total value of VND 126,629 billion

As public investment allocations accelerate, the amount of bids won by listed companies such as Deo Ca (HHV(HM:)), Vinaconex (HM:), Lizen (LCG), and Cienco 4 (C4G) has increased significantly. The Ministry of Finance has just issued Document No. 14447/BTC-DT to report to the Prime Minister on the cumulative national budget investment capital disbursements for 11 months, and it is expected to implement the 12-month plan by 2023. The report estimates that by the end of December 2023, investment expenditure reached 73.5% of the total annual plan (VND704 trillion), equivalent to more than VND517 trillion.

As public investment spending accelerates, the value of winning bids for listed companies will increase significantly in 2023. The four listed companies with the largest number of winning bids are Deo Ca (HHV), Vinaconex (VCG), Lizen (LCG) and Cienco 4 (C4G). Last year alone, the total value was as high as VND 126,629 billion.

It is worth noting that after winning multiple bidding packages for the Long Thanh Airport project (Package 5.10, 4.6, and 3.4), the total value of the winning bids of VCG and the joint venture has soared to nearly 68 trillion VND.

C4G is the second-ranked unit, with a bid amount exceeding VND23,965 billion. The super trillion-level C4G bidding packages received in 2023 include the package 4.6 Long Thanh Airport project; the North-South Expressway project bidding package, such as the XL-1 Bung-Van Ninh package; the XL-1 package Hau Giang-Ca Mau, Khanh Hoa-Buon Me Thuat Project.

2023 is also a good year for Deoka Transport Infrastructure Investment Joint Stock Company (HHV), with a series of key projects “in hand”. The highlight is the Dong Dang-Tra Linh Expressway project worth more than 14 trillion VND. On the first day of 2024, this project is launched by HHV.

> Deo Ca talks public investment ‘peak wave’, experts predict HHV will triple

For Lizen (LCG), the construction company is involved in a number of joint ventures implementing components of the North-South Expressway, such as the XL-2 Vung Ang – Bung package; the Van Phong – Nha Trang XL1 highway section; … In addition, LCG has also undertaken 845 billion VND for the XL-1 section of Tan Phuc-Vong Phan Road, and took over the XL-1 section of Ring Road 4.

>> Deo Ca, VCG, C4G, CC1, PHC, HAN, FCN (HM:)… must complete a series of trillion-dollar bidding plans in the next 3 years