According to Thaigroup Joint Stock Company, in July 2025, the enterprise submitted a proposal to implement the investment project for constructing Thu Thiem 4 Bridge and Phu My 2 Bridge. Subsequently, the enterprise received feedback and guidance from the City regarding these projects.
In the official document, the enterprise thanked Ho Chi Minh City and relevant departments for their prompt responses to the proposals. They also acknowledged the facilitation of guidance, provision of documents, and related information that gave the enterprise an opportunity to access the projects.
However, based on project information and studying regulations and investment development orientations, the enterprise requested to withdraw its previous proposal to participate in researching and implementing the projects in order to study and propose more suitable investment options.
Previously, immediately after receiving the proposal, Ho Chi Minh City Department of Finance sought opinions from various departments and provided guidance and feedback to Thaigroup Joint Stock Company regarding the proposal.
The Department acknowledged and highly appreciated the enterprise’s proposal to participate in research and investment for the mentioned bridges. These are key projects of the City with large scale. Once completed, they will contribute to promoting socio-economic development and creating new transportation links between Ho Chi Minh City and Dong Nai Province (for Phu My 2 Bridge).
Currently, the Can Gio Bridge and Thu Thiem 4 Bridge projects have been assigned by the City to the Department of Construction for project preparation tasks, responsible for preparing, submitting, and appraising pre-feasibility study reports, feasibility study reports, and performing other related tasks.
For Phu My 2 Bridge, Ho Chi Minh City People’s Committee leadership and Dong Nai Province People’s Committee leadership have recently agreed on the policy to research investment according to the public-private partnership (PPP) model. The City has also established a policy and assigned the Department of Finance to coordinate with relevant departments to study and assign a state agency the task of preparing pre-feasibility study reports and proposing investment policies for the project according to regulations.
According to regulations, one of the conditions for PPP projects proposed by investors is that they “do not overlap with PPP projects currently being organized by competent authorities to prepare pre-feasibility study reports, or where other investors have already been approved to prepare pre-feasibility study reports.”
Therefore, according to Ho Chi Minh City Department of Finance, interested parties for the mentioned projects can register to implement the project during the City’s process of surveying investor interest according to regulations.
Many investors are interested in Can Gio, Phu My 2, and Thu Thiem 4 bridge projects
The Can Gio Bridge, Thu Thiem 4 Bridge, and Phu My 2 Bridge projects are key infrastructure works currently attracting interest from many investors who have proposed implementation. For Can Gio Bridge, besides Thaigroup, Masterise Group and Trungnam Group have also shown interest and made proposals.
Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) and Trungnam Group have also proposed the Thu Thiem 4 Bridge project. Masterise Group has proposed participation in the Phu My 2 Bridge project.
The Phu My 2 Bridge and road project directly connects with Long Thanh Airport and is part of the network of 10 main high-speed routes (with minimal interruptions and intersections) of Ho Chi Minh City.
