Deo Ca Group offers 1 billion VND bonus to accelerate highway construction

Ho Minh Hoang, Chairman of Deo Ca Group, has announced a 1 billion VND incentive to encourage construction teams to complete the Khanh Hoa - Buon Ma Thuot expressway ahead of schedule. During an inspection of projects in Central Vietnam from October 26 to 28, 2026, the Chairman emphasized that speed must not compromise technical quality or safety.

The focus is on package XL01, an 11 km section of the second component of the Khanh Hoa - Buon Ma Thuot expressway. This package has a contract value of approximately 2,810 billion VND, with 2,070 billion VND in work already completed. The project has faced challenges including difficult terrain, forest land-use conversion procedures, and delayed site handovers lasting over 18 months. Additionally, tunnel excavation at the Phuong Hoang tunnel entrances encountered significant groundwater issues.

While the contract stipulates a completion date in June 2027, the project management board aims for technical traffic opening in December 2026, with full handover and use by April 2027. To meet these goals, Deo Ca Group is increasing personnel, equipment, and tunnel formwork.