Investment in Cho Moi - Bac Kan expressway with 4 lanes, capital of 5,751 billion VND; Proposal to support 5,600 billion VND for Bac Giang expressway

Investment in Cho Moi - Bac Kan expressway with 4 lanes, capital of 5,751 billion VND; Proposal to support 5,600 billion VND for Bac Giang - Lang Son expressway

Approval of adjustment of investment policy for the Cho Moi - Bac Kan route construction investment project, Bac Kan province; Proposal for the Central Government to support 5,600 billion VND for the Bac Giang - Lang Son expressway... These are two of many notable investment news in the past week.

WHA Group proposes to invest in 1,200-hectare Industrial Park in Ba Ria - Vung Tau

Thailand's WHA Group recently had a working session with the People's Committee of Ba Ria - Vung Tau province to explore investment opportunities in industrial parks in the province.

WHA Industrial Zone 1 in Nghe An invested by WHA Group

At the meeting, WHA Group said that in 2017, the Group invested in the first industrial park in Nghi Loc district, Nghe An province. Currently, the Group is continuing to submit documents to request investment policy for the Project of building and operating industrial park infrastructure in Thanh Hoa province.

After investment projects in the North Central region, WHA Group wishes to research and invest in a 1,200-hectare Industrial - Urban - Service Park in Chau Duc district, Ba Ria - Vung Tau.

At the meeting and discussion with investors, Mr. Nguyen Van Tho, Chairman of the People's Committee of Ba Ria - Vung Tau province, said that the province is also planning to attract investors to build infrastructure for the Industrial Park in Chau Duc district with an area of ​​4,200 hectares.

He said that the work of promoting and calling for investment in Chau Duc Industrial Park's infrastructure will be carried out publicly and transparently according to the law, to ensure fairness for domestic and foreign investors when investing in projects in the locality.

The Chairman of the People's Committee of Ba Ria-Vung Tau province affirmed that the province will create all conditions for investors, including WHA Group, to invest in the locality.

In Ba Ria - Vung Tau province, there are currently a number of large projects invested by Thai enterprises. Among them, the Long Son Petrochemical Complex Project invested by SCG Group (Thailand) is worth mentioning.

This project has a total investment of more than 5 billion USD, the project is currently in trial operation and will be commercially operated in March 2024. This is one of the largest FDI projects in Ba Ria - Vung Tau.

Decision to invest in Cho Moi - Bac Kan expressway with 4 lanes

The Minister of Transport has just signed Decision No. 180/QD-BGTVT on approving the adjustment of the investment policy of the Cho Moi - Bac Kan route construction investment project, Bac Kan province.

Illustration photo.

Specifically, the Ministry of Transport will adjust the investment scope, with the starting point of the project at Km0+00 (connecting the Thai Nguyen - Cho Moi expressway, Cho Moi district, Bac Kan province); the end point of the project at Km28+400 (connecting the Bac Kan - Cao Bang expressway, Bac Kan city, Bac Kan province). In the immediate future, the investment will be on a 0.4km-long connecting section from the end point of the project to National Highway 3B and connecting with the Bac Kan - Ba Be Lake road, Bac Kan city, Bac Kan province.

The total length of the route under the Project is about 28.8km, of which the Cho Moi - Bac Kan expressway is about 28.4km long, the connecting section is about 0.4km long.

In Decision No. 180, the Ministry of Transport also adjusted the design scale. Accordingly, the expressway is designed according to TCVN 5729:2012 standard, grade 80 expressway, design speed 80km/h, bridge works are designed according to TCVN 11823:2017 standard; connecting route is designed according to grade III road standard, TCVN 4054:2005. The cross-section of the expressway is invested in building 4 complete expressway lanes with a roadbed width of 22m, road surface width of 20.5m; investing in building the connecting section with a roadbed width of 12m, road surface width of 11m.

There are 4 interchanges on the route, including the construction of an interchange with National Highway 3; 3 other interchanges will be identified and implemented when conditions are met, including: the interchange connecting to Thanh Binh Industrial Park will be invested in when the Thai Nguyen - Cho Moi Expressway is completely upgraded; the interchange with Thanh Mai - Thanh Van Industrial Park will be studied and implemented when the route connecting to the industrial park is invested; the interchange connecting to Bac Kan City (via the urban axis road) will be studied and implemented when the urban axis road is invested and the Bac Kan - Cao Bang Expressway is implemented.

With the above scale, the Project has a total investment of 5,751 billion VND. The expected implementation time is to prepare for investment in 2021 and basically complete in 2026.

Regarding capital sources and capital allocation plans, the Ministry of Transport plans to allocate VND 4,804.3 billion in the 2021-2025 period, of which the capital allocated to the medium-term public investment plan from the state budget for the 2021-2025 period is VND 1,815.3 billion; the expected balance from increased revenue and savings in regular expenditures of the central budget in 2022 is VND 2,989 billion. The transitional period from 2026-2030 is VND 946.7 billion.

The Ministry of Transport assigned Project Management Board 2 to take the lead and coordinate with relevant agencies to complete the project's Feasibility Study Report to submit to competent authorities for approval in accordance with the provisions of the Law on Public Investment and relevant laws and organize project implementation to ensure progress, quality and efficiency.

Previously, the Ministry of Transport issued Decision No. 1676/QD-BGTVT dated September 14, 2021 approving the investment project to build the Cho Moi - Bac Kan route with a scale of 2 lanes, 12m wide roadbed, 11m wide road surface; the total estimated investment is 2,017 billion VND.

However, Notice No. 29/TB-VPCP dated February 15, 2023 and Notice No. 63/TB-VPCP dated March 2, 2023 announced the Conclusions of Prime Minister Pham Minh Chinh on "not investing in 2-lane highways causing waste of investment capital, ineffective exploitation and taking more time and procedures to upgrade".

Implementing the Prime Minister's direction, the Ministry of Transport has directed Project Management Board 2 and related units to prepare and submit a pre-feasibility study report on the project from the 2-lane divergence scale to the 4-lane highway scale.

Groundbreaking ceremony of 200 million USD medical equipment factory in Lien Ha Thai Industrial Park

On the morning of March 5, at Lien Ha Thai Industrial Park, Pegavision Coporation Company started construction of a factory producing optical products and medical equipment. This is an event to welcome the Conference on Announcing the Planning of Thai Binh Province for the period 2021 - 2030, with a vision to 2050.

Deputy Prime Minister Tran Luu Quang, leaders of central ministries and branches, leaders of Thai Binh province, Green i-Park Company, Pegavision Corporation and contractors pressed the button to start the project. Photo: Phuong Lien

Pegavision Coporation Company built a factory to research, develop, manufacture and trade optical products and medical equipment, worth 200 million USD on an area of ​​10 hectares in Lien Ha Thai Industrial Park.

It is expected that in 2028, the factory will be operational, employing about 1,140 workers, producing 600 million products/year, with expected revenue of VND 2,808 billion/year, contributing about VND 82 billion/year to the state budget.

Pegavision Coporation was established in 2009 and is headquartered in Taiwan. It specializes in the research, development and production of soft contact lenses and medical optical equipment. This is a profession that uses high-tech, modern and environmentally friendly machinery. Pegavision Coporation is certified for quality by ISO13485, GMP, Japan FMA, Europe CE, Taiwan TFDA, China NMPA, US FDA... The company's products are supplied to the markets of Japan, Korea, the United States and Europe.

This is the 11th investor in Lien Ha Thai Industrial Park to start building a factory, 5 other projects are actively completing procedures to establish a legal entity, apply for construction permits to start construction in 2024. It is expected that by the end of this year, when all 16 projects come into operation and operate at 100% capacity, there will be a need for 39,600 workers, this is a large number that both creates jobs and contributes to shifting the workforce from agriculture to industry.

Construction Technology Application and Transfer Joint Stock Company (CJSC) is the contractor implementing the Project of Pegavision Coporation. It is known that CJSC is a professional contractor with 20 years of experience through 200 projects built in 50 industrial parks.

Speaking at the ceremony, Permanent Vice Chairman of Thai Binh Provincial People's Committee Nguyen Quang Hung said: This is an important event, chosen by the province to organize in the series of programs Announcing Thai Binh Provincial Planning, continuing to affirm and clearly demonstrate the results and efforts of the province in the past time, especially creating a spreading effect in attracting investment, creating new momentum and motivation for the development of the province right from the first days of the new spring.

Regarding the project that started today, the Standing Vice Chairman of Thai Binh Provincial People's Committee affirmed that this is a large-scale project with modern technology, in line with the investment attraction orientation of Thai Binh province. At the same time, he highly appreciated the investor's choice when deciding to develop the project at Lien Ha Thai Industrial Park. After deciding on the investment location, the investor actively implemented investment procedures to start the project.

The leaders of Thai Binh province also acknowledged and commended the efforts of departments, branches, Thai Thuy district, Green i-Park Joint Stock Company - the investor of Lien Ha Thai Industrial Park infrastructure, for coordinating and supporting investors in implementing the project.

Nghe An: Approved investment policy for 6,290 billion VND project

Nghe An Provincial People's Committee has just issued Decision No. 19/QD-UBND on approving the investment policy of Nghi Lien Urban Area Project in Nghi Lien Commune, Vinh City.

Accordingly, the project's objective is to concretize the detailed planning at a scale of 1/500 of Nghi Lien Urban Area approved by Vinh City People's Committee in Decision No. 2268/QD-UBND dated June 29, 2023. In addition, it completes infrastructure, establishes a new, quality, energy-saving living environment, according to the criteria for sustainable development of the northern gateway area of ​​the city; harmoniously connects landscape architecture and technical infrastructure systems of neighboring functional areas.

A corner of Vinh City, illustration photo, source: BTN

Specifically, the Nghi Lien Urban Area Project in Nghi Lien Commune, Vinh City has a land use area of ​​more than 103.6 hectares, of which, adjacent housing land is more than 18.7 hectares (including 569 lots); villa land is 3.1 hectares (58 lots); social housing land is 7.09 hectares; resettlement land is more than 1.03 hectares; mixed-use apartment land is more than 5.99 hectares... The population is about 10,650 people.

The total cost of the project is estimated at over VND 6,290.4 billion, of which the project investment and construction cost is over VND 5,402.5 billion; compensation and resettlement support costs are over VND 401.7 billion; and interest costs during construction are over VND 486.2 billion.

The project implementation progress is within 10 years from the date of the land allocation decision, land lease decision, land use conversion decision or land handover and the conditions for starting construction are met according to the provisions of law. The management and supervision of the progress and activities of the people on the land lots that are transferred land use rights in the form of subdividing and selling land plots to people to build their own houses are carried out according to the provisions of current law.

The project's operating period shall not exceed 50 years from the date the investor is granted land allocation, land lease, or land use purpose conversion. The form of investor selection is bidding to select investors in accordance with the provisions of the law on bidding.

Exciting FDI attraction in the Southern Key Economic Zone

Last week, there were two notable events related to the semiconductor industry in Ho Chi Minh City. That was the event when Ho Chi Minh City High-Tech Park signed a cooperation agreement with Siemens EDA (a member of Siemens Group) to train human resources for the semiconductor industry in Vietnam and when BE Semiconductor Industries NV (BESI) of the Netherlands completed preparations to put chip packaging machinery into operation at its factory in Ho Chi Minh City High-Tech Park.

However, Dong Nai is the locality with the most vibrant investment attraction activities in the first 2 months of the year in the Southern Key Economic Zone. In just the first 1.5 months of 2024, this locality has licensed 27 foreign investment projects (including newly licensed and capital-increased projects) with a total investment capital of 439 million USD. Big names continue to put their trust in investing in Dong Nai such as SLP, Nestlé, Hyosung, Kenda, etc.

Discussing the situation of attracting investment in industrial parks in Dong Nai, Mr. Nguyen Tri Phuong, Head of the Management Board of Dong Nai Industrial Parks (Diza) excitedly said that in the first two months of 2024, it attracted 439 million USD in foreign investment capital, reaching 62.74% of the 2024 plan (700 million USD) and nearly 1,940 billion VND in domestic capital, reaching 96.98% of the 2024 plan (2,000 billion VND). Thus, it is likely that by the end of March, Diza will complete the investment attraction target for 2024.

Incomplete statistics show that although foreign investment attraction is no longer as high as in previous years, Ho Chi Minh City, Binh Duong, and Ba Ria - Vung Tau are still among the top provinces and cities attracting the highest foreign investment capital in the country in the first two months of the year. In addition to the localities that are "familiar" to investors mentioned above, Binh Phuoc is emerging as a new investment destination.

On March 12, Binh Phuoc will organize the EuroCham - Binh Phuoc Province Forum on Connecting Industrial, Commercial and High-Tech Agricultural Enterprises in 2024. Currently, the Forum has the participation of more than 100 leaders of leading enterprises of the European Chamber of Commerce in Vietnam (EuroCham) and enterprises from the Australian Chamber of Commerce in Vietnam (AusCham).

Mr. Gabor Fluit, Chairman of EuroCham, said that this is the first forum that EuroCham will jointly organize in 2024. Choosing Binh Phuoc as the first province to organize the Forum shows that European businesses are seeing opportunities to invest in this locality.

It is easy to see that the list of projects licensed for investment in the first two months of 2024 in the Southern Key Economic Zone is mainly small and medium-sized projects, investing mainly in the processing and manufacturing industry. The project with the largest investment capital is the project of Beijing BOE Audio-Visual Electronics Technology Co., Ltd. (China) invested in Ba Ria - Vung Tau with a total capital of 278 million USD. Next is the SLP Park Loc An Binh Son project in Long Thanh district (Dong Nai) invested by Sea Fund I Investment 14 Pte. Ltd. (Singapore) under the Global Logistics Partner Group (GLP), with a total registered capital of 121.4 million USD.

Mr. Nguyen Tri Phuong said that the newly licensed foreign investment projects in Dong Nai are projects using new technology, there are no projects in the list of industries that cause environmental pollution, labor intensive. In the coming time, Dong Nai will continue to implement the policy of attracting projects with large investment capital, using advanced technology, skilled labor, limiting projects using a lot of unskilled labor, outdated technology, affecting the environment to ensure compliance with the province's investment attraction orientation.

According to Mr. Gabor Fluit, in the European business delegation attending the upcoming EuroCham - Binh Phuoc Province Forum on Connecting Industrial, Commercial and High-Tech Agricultural Enterprises, there will be business groups in the fields of high-tech agriculture, construction, tourism, banking and finance, and renewable energy.

“This shows that European businesses are directing investment capital to high-tech industries that many southern localities want to attract investment in,” said Mr. Gabor Fluit.

Expanding Vietnam - Australia cooperation in new fields

Vietnam has the advantage of being a leader in the global energy transition, especially in mining and processing "green" nickel, creating finished products used in new technology industries such as electric vehicle batteries. This assessment was shared by a representative of Blackstone Minerals, a "giant" in the Australian mining industry, at the Vietnam - Australia Business Forum held yesterday morning (March 5) in Melbourne (Victoria, Australia), within the framework of Prime Minister Pham Minh Chinh's official visit to Australia and participation in the Special Summit celebrating 50 years of ASEAN - Australia relations.

The above assessment is completely consistent with the previous proposal of Prime Minister Pham Minh Chinh at the Forum. That is, the two sides need to cooperate to promote new driving forces such as digital transformation, green transformation, circular economy, knowledge economy, and sharing economy on the basis of innovation and science and technology.

According to experts from the Australia - Vietnam Policy Institute, since the two countries upgraded their relationship to a Strategic Partnership (in 2018), economic, investment and trade cooperation has always been focused on, promoted and achieved many positive results.

Regarding investment, Australian enterprises have invested in Vietnam since the early days of opening and have made many contributions to the integration and socio-economic development process over the years. To date, with more than 630 projects and more than 2.03 billion USD in registered capital, Australia ranks 20th out of 145 countries and territories investing in Vietnam. In return, Vietnam has invested in Australia in more than 90 projects, with a total investment capital of more than 550 million USD.

Regarding development cooperation, Australia is one of Vietnam's leading development partners with a total accumulated ODA capital of approximately 3 billion AUD, in which the two sides have coordinated to implement many key projects with spillover effects and positive socio-economic impacts in the fields of innovation, infrastructure development, training of high-quality human resources and prevention of the Covid-19 pandemic.

In terms of trade, with the advantage of new-generation free trade agreements of which both sides are members such as CPTPP, RCEP, etc., trade turnover between the two countries has made remarkable progress. In 2023, bilateral trade between the two countries will reach about 14 billion USD, ranking among each other's top 10 trade partners.

However, according to Prime Minister Pham Minh Chinh, the results achieved are very valuable, but still modest compared to the potential and space for cooperation between the two countries. Therefore, the Prime Minister hopes that the associations, business communities and investors of the two countries will further promote cooperation.

The Prime Minister affirmed that the two governments will continue to create favorable conditions for this cooperation. The Vietnamese government will protect the legitimate rights and interests of businesses and investors; continue to promote three strategic breakthroughs (institutions, infrastructure and human resources), reform and simplify administrative procedures, and reduce compliance costs for investors. The Prime Minister also asked Australia to support Vietnam in the three strategic breakthroughs.

The Prime Minister suggested that in cooperation, the two sides should focus on promoting traditional growth drivers such as investment, export, and consumption, in which Vietnam has a market of 100 million people, many Australian products are favored by Vietnamese people, and Vietnam also has advantages in many products such as agricultural products, electronics, and garments.

According to Ms. Rebecca Ball, Deputy Consul General of Australia in Ho Chi Minh City and Senior Trade and Investment Counselor of the Australian Government, the Australian Trade and Investment Commission in Vietnam (Austrade) is actively promoting trade and investment partnerships in important areas through a series of initiatives with stakeholders in Vietnam, in which green development cooperation is always closely linked to the national goals of the two countries.

“The rapid expansion and transformation of Vietnam’s energy sector presents a real opportunity to grow trade and investment ties between the two countries in the future, laying the foundations for a deeper economic relationship between Vietnam and Australia in the decades to come,” Ms. Rebecca Ball said.

Da Nang prioritizes investment in many projects in the Airport subdivision

Da Nang City has just issued Decision 414/QD-UBND on approving the airport zoning plan, TL 1/2000.

Accordingly, the Airport subdivision is planned to have an area of ​​about 1,326.7 hectares. This is an area with specialized functions, an important traffic hub of the city, associated with airport urban development.

Da Nang City approved the airport zoning plan, TL 1/2000.

According to the approved plan, the forecast population by 2030 is about 77,000 people.

The airport subdivision is divided into two main areas: the urban construction area and the Da Nang international airport area, organized into four development areas with four residential units.

According to the Plan, the land fund for social infrastructure and green trees in residential units is planned to increase gradually to approach the criteria of the new development area. The land of the city for lease when the lease term expires is given priority for additional planning of social infrastructure, green trees, and parking lots.

In addition, increase the development of trees in educational institutions, headquarters or public administrative areas, medical areas, hospitals, museums... Develop and encourage green roofs and vertical green areas of buildings to increase urban green areas.

Projects in residential units when implementing detailed planning and urban design must propose adding trees and open spaces and ensure that all people have access and use.

The planning also mentions open spaces designed on the principle of exploiting and protecting natural landscapes, in harmony with the architectural space of the building and in accordance with the land use function. In particular, the highlight of the open space is the gateway to the International Airport - the main access point to Da Nang city by air.

According to the Plan, in the Airport subdivision, the City will prioritize investment in a number of projects on urban development, social infrastructure, and technical infrastructure.

In which, the urban development area includes 4 projects: Da Nang International Airport; Renovation and embellishment of old residential areas; Project to upgrade, renovate and embellish the 20ha northern residential area; Project to upgrade, renovate and embellish the southern part of the airport (Cam Le district).

Traffic projects will include an airport tunnel; investment projects to upgrade, renovate and expand alleys in residential areas; expansion of Nguyen Phi Khanh and Dang Thuy Tram streets.

There are also projects for different-level overpasses: Nguyen Van Linh - Nguyen Tri Phuong intersection; Cach Mang Thang Tam - Nguyen Huu Tho intersection; Le Trong Tan - Truong Chinh intersection; Investing in above-ground and underground parking lots within the planning scope; Investing in MRT, LRT railway lines and transfer stations...

In addition, in the Airport subdivision, Da Nang City will invest in 3 education projects; 1 healthcare project; 2 Culture - Sports projects and 2 Park and green tree projects.

Dak Nong calls for investment in 17 projects, total capital of more than 3,000 billion VND

The Department of Planning and Investment of Dak Nong province said that the People's Committee of Dak Nong province has issued a list of projects attracting investment in Dak Nong province in 2024 and projects with investment potential in the province.

According to this Decision, the investment attraction list in 2024 in Dak Nong province has 17 projects, with a total expected investment capital of about 3,045 billion VND.

Dak Nong province calls for investment in many large projects.

Specifically, the industrial and agricultural sectors have 3 projects, with a total estimated investment capital of about 190 billion VND.

The urban, tourism, and trade and service sectors have 10 projects, with a total estimated investment capital of about VND2,560 billion. Some major projects include the Ea T'ling Town Center Urban Area (Cu Jut District), Ho Truc Eco-tourism Area (Cu Jut District), Luu Ly Waterfall Eco-tourism Site (Dak Song District); Dak Mam Town Commercial Area (Krong No District)...

In addition, the education and environment sector has 3 projects, with a total estimated investment of about 245 billion VND. The technical infrastructure sector has 1 project, with a total estimated investment of about 50 billion VND.

In the above Decision, the Dak Nong Provincial People's Committee also directed departments, branches and localities to continue reviewing and perfecting legal procedures to attract and call for investment in about 44 potential projects in the next phase, with a total estimated investment capital of about VND 290,279 billion.

Of which, the industrial and agricultural sectors have 19 projects, with a total estimated investment capital of about 212,265 billion VND.

Of which, the urban, tourism, trade and service sectors have 19 projects, with a total estimated investment capital of about 77,444 billion VND; the education and environment sectors have 3 projects, with a total estimated investment capital of about 250 billion VND; the technical infrastructure sector has 3 projects, with a total estimated investment capital of about 320 billion VND.

The issuance of the above list of investment attraction projects will create opportunities for businesses and investors to come and learn about and research investment in Dak Nong province.

Quang Ninh disbursed nearly 625 billion VND of public investment capital in the first 2 months of 2024

Identifying public investment disbursement as an important task, the People's Committee of Quang Ninh province has focused on drastically and synchronously implementing tasks and solutions to accelerate capital disbursement progress in 2024 right from the first days and months of the year.

On the first day of 2024, the People's Committee of Quang Ninh province established a working group to accelerate the implementation of key programs and projects using provincial budget capital and disbursement of public investment capital plans, headed by the Chairman of the People's Committee of Quang Ninh province.

Provincial Road 342 through Ba Che District is being actively constructed since the beginning of 2024. Photo: Quang Ninh Newspaper

After the Lunar New Year holiday, provincial and inter-sectoral leaders directly inspected the scene to grasp the situation, promptly encouraged and handled difficulties and problems in site clearance and disbursement of public investment capital.

As of February 28, public investment disbursement reached over VND624.8 billion, reaching 4.3% of the capital plan, equivalent to the same period in 2023. Of the 22 investors in the province, 8 investors have a disbursement rate higher than the average of the whole province, the remaining 14 investors have a disbursement rate lower than the average of the whole province. In addition, there are 5 localities that have not yet detailed the capital plan for 2024.

Recently, the Standing Committee of Quang Ninh Provincial Party Committee met to listen to and give opinions on the situation of resolving difficulties and obstacles in implementing public investment projects in 2024.

Many opinions at the meeting pointed out that the main reason for the low disbursement rate of some investors is that investment preparation work in some localities is still slow; site clearance is still stuck for a long time; the source of filling materials is still inadequate; the refund of the advance payment volume transferred to 2024 is relatively large.

Comments also pointed out that new projects starting in 2024 are still slow to be implemented; some procedures are still causing congestion and planning to convert rice land, special-use forest land, and protective forest land is still stuck.

Agreeing with the opinions at the meeting, the Standing Committee of the Quang Ninh Provincial Party Committee emphasized: Disbursement of public investment is an important political task, contributing to clearing bottlenecks, bringing public investment capital into the economy, attracting investment, leading the growth of social investment capital, creating new momentum and development space, solving employment, increasing income, boosting production and business, reducing costs, improving competitiveness, promoting economic growth, creating more favorable conditions for rapid recovery and sustainable development.

The Standing Committee of the Provincial Party Committee requested to continue to strictly implement the direction of the Government, the Provincial Party Committee, and the Provincial People's Council on rectifying and enhancing the responsibility in handling the work of units; individualizing the responsibility of collectives and individuals in each stage of the work handling process, ensuring that the work under the authority to resolve must be handled quickly, promptly, and shorten the implementation time.

In particular, it is required to attach the responsibility of Party Secretaries and People's Committee Chairmen at all levels to places where projects are being implemented, giving priority to public investment projects to ensure site clearance, land handover and to avoid problems arising during project implementation. Strengthen the responsibility of heads of departments and branches directly related to the field of public investment and budget management in resolving difficulties and problems of projects related to their departments and branches.

At the same time, the Standing Committee of the Provincial Party Committee also requested to focus on solving 3 problems. In particular, it is necessary to focus on solving problems related to the source of landfill materials. The Department of Construction, the Department of Natural Resources and Environment, and the Department of Transport must closely coordinate with investors to actively research alternative sources of materials to replace current sources of materials to fully and promptly meet the needs of key projects in the area.

Strengthen inspection and supervision work, promptly rectify the situation of officials and civil servants lacking enthusiasm, responsibility, and weak capacity, causing stagnation and difficulty in handling work.

Investors - those directly responsible before the law must also promptly monitor, manage and report to the province and locality in order to have timely solutions, ensure project progress as well as promptly resolve difficulties, problems and bottlenecks during implementation. Thoroughly handle problems on the ground related to site clearance and resettlement arrangements to ensure the rights of organizations and individuals whose land is recovered.

Gradually clarifying the competent authority implementing the Bien Hoa Airport PPP Project

The Ministry of Planning and Investment has just sent an official dispatch to the Government Office to seek opinions on assigning the People's Committee of Dong Nai province as the competent authority to implement the investment in the Bien Hoa Airport Project.

According to the Ministry of Planning and Investment, Clause 2, Article 9 of the Law on Civil Aviation of Vietnam stipulates: "The Ministry of Transport is responsible to the Government for performing state management of civil aviation".

Illustration photo.

Article 1 and Point c, Clause 5, Article 2 of Decree No. 56/2022/ND-CP dated August 24, 2022 of the Government stipulating the functions, tasks, powers and organizational structure of the Ministry of Transport also identify the Ministry of Transport as a Government agency, performing the function of state management of civil aviation transport nationwide; performing the tasks and powers of a ministry managing specialized construction works, the competent agency managing investment programs and projects in the construction of transport infrastructure; announcing the list of projects calling for investment capital and forms of investment in transport infrastructure according to the provisions of law.

Based on the above regulations, the Ministry of Transport is the competent authority to implement the Project investment under the PPP method.

Clause 1, Article 5 of the Law on PPP Investment stipulates that the competent authority includes the Ministry or the Provincial People's Committee. At the same time, Point b, Clause 3, Article 2 of Decision No. 648/QD-TTg dated June 7, 2023 of the Prime Minister approving the Master Plan for the development of the national airport and seaport system for the period 2021-2030, with a vision to 2050, stipulates: "The People's Committees of provinces and centrally run cities with plans for new airports (including Bien Hoa and Thanh Son airports) shall consider and report to the Prime Minister for assignment as the competent authority to implement airport investment under the PPP method".

Thus, according to the Ministry of Planning and Investment, the People's Committee of Dong Nai province can be the competent authority to implement the investment in Bien Hoa Airport Project under the PPP method.

In addition, Clause 3, Article 5 of the Law on Investment under the PPP method stipulates: "In case the project is under the management of many competent agencies specified in Clause 1 of this Article or in case of change of competent agencies, these agencies shall report to the Prime Minister to decide to assign one agency to act as competent agency".

"Therefore, the Ministry of Transport's proposal to assign the Dong Nai Provincial People's Committee as the competent authority to implement the Bien Hoa Airport Project under the PPP method is well-founded," the Ministry of Planning and Investment stated.

Previously, in February 2024, the Ministry of Transport sent an official dispatch to Prime Minister Pham Minh Chinh and Deputy Prime Minister Tran Hong Ha on assigning the People's Committee of Dong Nai province as the competent authority to implement the investment in the Bien Hoa Airport Project.

According to the Ministry of Transport, in recent times, a number of localities have reported and been assigned by the Prime Minister as the competent authority to invest in new airports under the public-private partnership model such as Van Don International Airport, Quang Tri Airport, and Sa Pa Airport. These projects play an important role in regional and international connectivity.

In which, Van Don Airport has been put into operation since 2018, contributing positively to the socio-economic development of the locality in particular and the country in general; Quang Tri Airport has selected investors and is implementing; Sa Pa Airport is organizing the selection of investors.

The implementation of the above projects has recorded initial successes in applying policies on decentralization, delegation of authority, and mobilization of non-state investment capital for airport infrastructure.

In addition, the current general policy of the Party in infrastructure development is to promote decentralization, delegation of authority and maximum mobilization of investment resources, diversify forms of resource mobilization and use, especially non-state investment resources.

To concretize the Party's policy and remove obstacles in mobilizing non-state investment resources, the Ministry of Transport is completing the Project on orientation for mobilizing social capital to invest in airport infrastructure to report to competent authorities, in which it has proposed orientation for mobilizing investment capital for Bien Hoa Airport under the PPP method and recommended a number of policy mechanisms related to land, public assets... as a basis for implementation.

According to Decision No. 648/QD-TTg approving the Master Plan for the development of the national airport system for the period 2021 - 2030, with a vision to 2050, Bien Hoa Airport is one of the airports planned to be a domestic airport serving dual-use exploitation in the period 2021 - 2030.

Bien Hoa Airport is located in Tan Phong ward, in the center of Bien Hoa city, Dong Nai province; conveniently located, close to large residential areas (about 20km from Di An city - Binh Duong, about 30km from Thuan An city - Binh Duong; about 30km from Tan Uyen town - Binh Duong; about 90km from Vung Tau; 130km from Binh Phuoc; about 35km from Thu Dau Mot and about 25km from Thu Duc city).

Bien Hoa Airport is about 25km northeast of Tan Son Nhat International Airport; about 32km northwest of Long Thanh International Airport. This is a level 1 military airport with 2 runways, cement concrete structure, size 3,050m x 45m. Bien Hoa Airport's land area is about 967 hectares, with the possibility of arranging about 50 hectares for civil aviation planning.

Continuously adjusting the Huu Nghi - Chi Lang Border Gate Expressway BOT Project

The Chairman of Lang Son Provincial People's Committee has just signed Decision No. 427/QD-UBND on approving the adjustment of the Huu Nghi - Chi Lang border gate expressway project under the BOT form.

The failure to complete the Huu Nghi - Chi Lang expressway on schedule has caused the Hanoi - Lang Son expressway to become a dead end, having to stop 30 km from Lang Son city and 45 km from Huu Nghi border gate for the past 4 years.

In Decision No. 427, the Chairman of Lang Son Provincial People's Committee approved the adjustment of the Huu Nghi - Chi Lang border gate expressway project under the BOT form approved in Decision No. 2014/QD-UBND dated December 4, 2023 and Decision No. 103/QD-UBND dated January 17, 2024.

Specifically, for Decision No. 2014, Lang Son Provincial People's Committee adjusted the third bullet point, Clause 12, Article 1 as follows: "...- Implementation organization: the total land use demand of the project is expected to be about 640.28 hectares (Chi Lang district area: about 166.47 hectares, Cao Loc district area: about 297.55 hectares; Van Lang district area: about 69.83 hectares; Lang Son city area: about 106.43 hectares); the land area according to the clearance boundary of the route is about 564.47 hectares, the expected land use demand to build resettlement areas for the project is about 14.1 hectares (resettlement areas according to local proposals suitable to actual needs), the expected temporary land use demand for the project's dumping sites and material mines is about 61.71 hectares".

Amend Clause 3, Article 2 as follows: “3. Provincial Construction Investment Project Management Board, People's Committees of Cao Loc, Van Lang, Chi Lang districts and Lang Son City People's Committee: organize the implementation of site clearance (including relocation of technical infrastructure systems, construction of resettlement areas), compensation, support and resettlement of the project in the management area in accordance with the provisions of law on investment under the public-private partnership method, land, public investment, the State Budget Law and current regulations".

Add point d, clause 2, Article 2 as follows: d) Manage and settle state budget capital in accordance with regulations.

Regarding Decision No. 103, the People's Committee of Lang Son province adjusted the second bullet point, point b, clause 4, Article 1 as follows: "- Management and usage method: Provincial Construction Investment Project Management Board, People's Committees of districts: Cao Loc, Van Lang, Chi Lang and People's Committee of Lang Son city: organize the implementation of site clearance work in accordance with current regulations".

About 1.5 months ago, in Decision No. 103, Lang Son Provincial People's Committee adjusted Clause 3, Article 1, Decision No. 2014 on project implementation time.

Specifically, the implementation period of the Project phase is from 2023 to 2026. The People's Committee of Lang Son province also decided to adjust Clause 6, Article 1, Decision No. 2014 on the total investment of the Project, in which the new total investment will be 11,029 billion VND, a decrease of 150 billion VND compared to the previous approval.

The competent State agency of the Huu Nghi - Chi Lang border gate expressway project also adjusted Clause 7, Article 1, Decision No. 2014 on capital structure.

Accordingly, the capital that investors and PPP project enterprises are responsible for arranging (including: equity, loans and other mobilized sources) is about VND 5,529 billion (accounting for 50.13% of the total project investment), of which equity is about VND 1,106 billion (accounting for 20% of the total capital that investors and PPP project enterprises are responsible for arranging); loans and other legally mobilized capital are about VND 4,423 billion (accounting for 80% of the total capital that investors and PPP project enterprises are responsible for arranging). State capital participating in the PPP project is VND 5,500 billion (accounting for 49.87% of the total investment), of which central budget capital is VND 3,500 billion and provincial budget capital is VND 2,000 billion.

With the above investment capital structure, the payback period for the Huu Nghi - Chi Lang border gate expressway project is 25 years and 8 months instead of 29 years and 6 months as stipulated in Decision No. 2104.

According to Decision No. 2014, the Huu Nghi - Chi Lang border gate expressway project under the BOT form is implemented in the districts of Chi Lang, Cao Loc, Van Lang and Lang Son city with a total length of about 59.87km, including the Huu Nghi - Chi Lang border gate expressway, about 43.43km long and the route connecting Tan Thanh border gate and Coc Nam border gate, about 16.44km long.

Of which, the Huu Nghi - Chi Lang border gate expressway is about 43km long and designed with 6 lanes for motor vehicles and a roadbed width of 32.25m; the route connecting Tan Thanh border gate and Coc Nam border gate is about 17km long and designed with 4 lanes for motor vehicles and a roadbed width of 22m.

In the phased phase, the Huu Nghi - Chi Lang border gate expressway will be invested in construction with a scale of 4 lanes, a roadbed width of 17m; the route connecting Tan Thanh border gate and Coc Nam border gate will be invested in construction with a scale of 2 lanes, a roadbed width of 14.5m. The preliminary total investment in the phased phase of the Huu Nghi - Chi Lang border gate expressway project under the BOT form is 11,029 billion VND.

Da Nang: Proposal to invest nearly 2,000 billion VND in traffic intersection cluster

The Department of Transport of Da Nang City has just submitted a document to the People's Committee of Da Nang City for consideration and submitted to the People's Council of Da Nang City for approval of the investment policy for the Le Thanh Nghi - Cach Mang Thang Tam - Thang Long - Hoa Xuan Bridge Intersection Cluster Project.

This is a Group B project, funded by the City budget, with a total investment of nearly 2,000 billion VND. Of which, the enterprise contributes 30 billion VND. The Management Board of the Danang Traffic Construction Investment Project performs the role of investor and project manager. The implementation period is 2024 - 2028.

The project is expected to build a new Hoa Xuan bridge with a minimum scale of 6 lanes; the Northwest cluster of Hoa Xuan bridge (Cach Mang Thang Tam - Le Thanh Nghi intersection and Thang Long - Hoa Xuan bridge intersection); the Southeast cluster of Hoa Xuan bridge including the Hoa Xuan bridge approach road and Nguyen Phuoc Lan - Nguyen Van Thong intersection.

Regarding the need for investment, the Department of Transport said that Hoa Xuan urban area currently has a high population density and the demand for transportation is increasing.

The Hoa Xuan bridge area is the most convenient connection to the central area of ​​Da Nang City, so during rush hour, traffic volume at this location is very large, leading to local traffic congestion at the intersections at the bridgehead.

In addition, National Highway 14B through the cluster of intersections is a vital artery connecting Tien Sa port, attracting a large number of heavy-duty vehicles (no longer banned during rush hours as before) with mixed traffic, many types of heavy-duty vehicles, large sizes, very easy to cause congestion.

When completed, the project will resolve traffic congestion in the intersection cluster area, improve traffic capacity and safety when traveling through the intersection; at the same time, complete the traffic infrastructure network according to the planning orientation, synchronously connect with the technical infrastructure system in the area, promote socio-economic development.

Khanh Hoa: VCN Company registered to implement the 1,766 billion VND Administrative Urban Area Project

The Department of Planning and Investment of Khanh Hoa province has just announced the extension of the invitation for expressions of interest for investment projects using land for the Dien Khanh District Administrative Urban Area Project. Accordingly, this agency has extended the registration period for project implementation to 5:00 p.m. on March 21, 2024. On the National Bidding Network System, the project code is PR2400000518.

Investors interested in and needing to register to implement a project must carry out procedures to be granted a digital certificate and submit a project registration application (E-HSĐKTHDA) on the system.

CT2 VCN Phuoc Long luxury apartment project is invested by VCN Investment Joint Stock Company.

Investors who have met the preliminary requirements of capacity and experience (VCN Investment Joint Stock Company) do not have to resubmit the project registration application.

Previously, on March 4, 2024, the Department of Planning and Investment reported to the People's Committee of Khanh Hoa province that by the deadline for submitting registration documents for the implementation of the Dien Khanh District Administrative Urban Area Project (5:00 p.m. on February 8, 2024), the only investor interested in submitting registration documents for implementation was VCN Investment Joint Stock Company.

According to the opinion of Khanh Hoa Department of Finance on February 23, 2024, VCN Investment Joint Stock Company has met the requirements on financial capacity according to the preliminary request documents on the capacity and experience of investors registering to implement the Dien Khanh District Administrative Urban Area Project.

The Dien Khanh District Administrative Urban Area Project is implemented in Dien Lac Commune and Dien Thanh Commune (Dien Khanh District), with an area of ​​89.1 hectares. Of which, 12.2 hectares of agency land, 6.6 hectares of public works land, 25.8 hectares of residential land, 24.5 hectares of urban traffic land... This project has a total investment capital of about 1,766 billion VND (excluding compensation, support, and resettlement costs).

Proposal for Central Government to support 5,600 billion VND for Bac Giang - Lang Son expressway

According to information from the Investment Electronic Newspaper - Baodautu.vn , the People's Committee of Lang Son province has just sent Document No. 23/TTr - UBND to the Prime Minister requesting support from the central budget to ensure financial solutions and remove difficulties and obstacles at the BOT project to invest in the construction of the Bac Giang - Lang Son expressway, section Km45+100 - Km108+500, combined with strengthening the road surface of National Highway 1, section Km1+800 - Km106+500, Bac Giang province and Lang Son province.

Toll station on Bac Giang - Lang Son highway.

In this submission, the People's Committee of Lang Son province proposed that the Prime Minister consider and agree to the policy of supporting from the central budget about 5,600 billion VND (not exceeding 50% of the audited and finalized value of the Project) to offset the cash flow deficit during the period of collecting tolls to recover capital, ensuring the financial plan and ensuring stable operation and exploitation of the BOT project to invest in the construction of the Bac Giang - Lang Son expressway, section Km45+100 - Km108+500, combined with strengthening the road surface of National Highway 1, section Km1+800 - Km106+500, Bac Giang province and Lang Son province.

The leader of Lang Son Provincial People's Committee said that the BOT project to invest in the construction of the Bac Giang - Lang Son expressway, section Km45+100 - Km108+500, combined with the reinforcement of National Highway 1, section Km1+800 - Km106+500, Bac Giang province and Lang Son province were approved by the Prime Minister in Decision No. 2167/TTg-KTN dated October 30, 2014.

On that basis, the Ministry of Transport approved the Project in Decision No. 1249/QD-BGTVT dated April 9, 2015. Lang Son Provincial People's Committee received the handover of rights and obligations of the competent State agency from the Ministry of Transport from May 25, 2018.

The project has a total investment of 12,188 billion VND, capital from the investor, capital mobilized from Vietinbank, without state budget support. Up to now, all works under the project have been completed, ensuring progress and quality, and have been accepted by the investor, competent authorities, and the State Inspection Council for Construction Works Acceptance.

According to the assessment of the People's Committee of Lang Son province, the project has contributed to solving traffic congestion on National Highway 1, creating favorable conditions and promoting socio-economic development in the Northeast region in general and the two provinces of Bac Giang and Lang Son in particular.

During the implementation and operation of the Project, there were some changes (reducing 1 toll station, exempting some toll collectors, traffic growth lower than initially forecasted, adding project scale...) affecting the financial plan of the Project. These difficulties and problems of the Project were pointed out by the State Audit in Notice No. 09/TB-KTNN2 dated January 16, 2020.

Specifically, according to the initial financial plan, the Project will collect tolls to recover capital at 2 stations on National Highway 1 (at Km 24+800 and Km93+160) and stations on the expressway, with the expected revenue of the Project being 93 billion VND/month.

During the implementation process, due to objective factors, the current toll revenue of the Project is only about 30 billion VND/month, reaching about 32% of the initial financial plan, leading to a deficit in the Project's capital repayment cash flow, not enough to pay the principal and interest incurred by the lending bank.

In addition, the Huu Nghi - Chi Lang border gate expressway project under the BOT form has not been completed to synchronously connect the route to Lang Son city and Huu Nghi border gate as planned; on the other hand, the impact of the COVID-19 pandemic and China's border trade policy on border gates have led to the growth rate of traffic and traffic distribution on the expressway not being as forecasted in the approved financial plan.

Lang Son Provincial People's Committee said that the above-mentioned problems have changed the input parameters of the Project and directly affected the ability to repay debts and operate the Project, similar to the difficulties and shortcomings in 8 projects as proposed by the Ministry of Transport.

Recently, the project enterprise has sent a document requesting the People's Committee of Lang Son province to consider supporting compensation from the state budget for the project to operate normally. However, the request for state budget support of about VND 5,600 billion, equivalent to about 49% of the total investment capital according to the estimated settlement value (about VND 11,356 billion), exceeds the local budget capacity.

On the other hand, the province is currently having to allocate about 2,500 billion VND of local budget capital to support the Huu Nghi - Chi Lang border gate expressway project. The above difficulties and problems have directly affected the ability to repay debts, socio-economic efficiency, and prolonged the toll collection period.

The People's Committee of Lang Son province assessed that the Bac Giang - Lang Son Expressway Project connecting with the Dong Dang (Lang Son province) - Tra Linh (Cao Bang province) Expressway Construction Investment Project under the PPP form, which is being implemented, has important significance for the socio-economic development of Lang Son province in particular and the whole country in general.

“Therefore, considering options to support investors to ensure the feasibility of the financial plan for the BOT project to invest in the construction of the Bac Giang - Lang Son expressway, section Km45+100 - Km108+500, combined with strengthening the National Highway 1 section Km1+800 - Km106+500, Bac Giang province and Lang Son province under the form of BOT contract”, the leader of Lang Son Provincial People's Committee assessed.

Stop investing in 1.3 km of road after Lach Huyen port using public investment capital

The Minister of Transport has just signed Decision No. 216/QD – BGTVT on the investment policy of the project to build a traffic route after wharf No. 3 to wharf No. 6 in Lach Huyen Port Area, Hai Phong seaport.

Perspective of the road behind Lach Huyen port - Hai Phong.

Accordingly, the Ministry of Transport agreed to stop the investment policy of the Project to invest in the construction of the Traffic Route after Wharf No. 3 to Wharf No. 6 in Lach Huyen Port Area, Hai Phong Seaport using public investment capital of the Ministry of Transport in the period of 2021-2025.

The Maritime Project Management Board is responsible for organizing the handover of relevant documents and files of the Investment Project for the Construction of the Traffic Route after Wharf No. 3 to Wharf No. 6 in Lach Huyen Port Area, Hai Phong Seaport to the People's Committee of Hai Phong City according to regulations and reporting to the Ministry of Transport on the medium-term public investment capital plan allocated for the Project.

The investment project to build the Traffic Route after Wharf No. 3 to Wharf No. 6 in Lach Huyen Port Area, Hai Phong seaport was approved by the Ministry of Transport in Decision No. 1603/QD-BGTVT dated August 30, 2021.

The project has a total investment of 614,372 billion VND from the State budget with the goal of building a road behind the port from the end of wharf No. 2 to gates of wharf No. 5, 6 with a length of about 1.3km (from Km0 + 750 to Km2 + 050); roadbed width of 52.5m; design level III plain; design speed of 80km/h.

However, in Notice No. 39/TB-VPCP dated February 11, 2022 announcing the conclusion of Prime Minister Pham Minh Chinh at the working session with the leaders of Hai Phong City, the Prime Minister commented on investing in the road traffic system behind the ports in Lach Huyen area and Tan Vu - Lach Huyen Bridge.

Specifically, in the immediate future, focus on investing in the road section from port 2 to the end of port 6: Assign the enterprises that are constructing the ports to synchronously build the road system behind the ports.

The Government leaders also directed the Ministry of Transport and the People's Committee of Hai Phong City and relevant agencies to study the plan to use local budgets in combination with other capital sources in the form of public-private partnership and socialization to invest in the construction of the route to ensure synchronization with the ports in Lach Huyen Wharf Area and Industrial Park.

In fact, the Maritime Project Management Board stopped implementing the next steps after the Ministry of Transport approved the investment policy, did not disburse the allocated capital, and did not coordinate with the investor to hand over the project investment proposal documents.

Quang Nam proposes 2 options for socializing investment in Chu Lai airport

Regarding the development orientation of Chu Lai airport in the Quang Nam Provincial Planning for the period 2021 - 2030, with a vision to 2050, Chairman of the Quang Nam Provincial People's Committee, Mr. Le Tri Thanh, said that the locality has submitted to the Ministry of Transport the Chu Lai Airport Socialization Project.

Chu Lai Airport will become an international airport.

Chairman Le Tri Thanh informed that the Party Central Committee and the Government have reported to the Politburo the project of socializing investment in airports nationwide. After the Politburo gives its approval, the Government will deploy and organize the implementation.

The Ministry of Transport is the focal agency, working with localities to deploy and promote airport investment nationwide. In which, airports are classified according to scale and stature.

Mr. Le Tri Thanh affirmed that Chu Lai airport is identified as a 4F-scale airport, the largest planned level of the International Civil Aviation Organization. The capacity by 2050 is 30 million passengers and 5 million tons of cargo.

“Compared to the centers of countries in the Southeast Asian region, 5 million tons of cargo means the largest scale. That shows that the Government has identified the prospects and competitiveness of Chu Lai Airport in developing cargo,” Mr. Thanh shared.

According to the Chairman of Quang Nam Province, the project to socialize Chu Lai Airport has been submitted by the province to the Ministry of Transport. After the mechanism for investing in the development of the national airport system in the form of socialization is available, Chu Lai Airport will be invested in a suitable form.

From Quang Nam's perspective, there are two investment options.

Firstly, ACV will cooperate with capable private enterprises to invest in development. There will be only one operator for Chu Lai airport, including the area west of Chu Lai airport and the new development area east of the airport.

Option 2 is to have two operators. The west side of the airport will continue to be operated by ACV. Invite a second operator to invest in the east side of Chu Lai airport according to the plan.

“That is the province’s viewpoint, but the decision must wait for the opinion of the superiors. There is no place in the country that has two international airports close to each other, namely Da Nang International Airport and Chu Lai Airport. This is an extremely favorable condition and foundation for local development,” Mr. Le Tri Thanh affirmed.

According to the Quang Nam Provincial Planning for the period 2021 - 2030, with a vision to 2050 approved by the Prime Minister, Chu Lai International Airport is invested in construction with a scale of 4F airport.

Chu Lai International Airport will become an international aviation industry and service center with passenger and cargo transportation, aviation logistics, and a flight training and coaching center.

At the same time, this airport will be a center for repairing and maintaining aircraft, manufacturing aviation components; connecting with duty-free zones and high-tech industrial zones, forming a center for manufacturing, processing, and exporting high-tech, high-value products by air.

According to the Master Plan for the development of the national airport system for the 2021-2030 period, with a vision to 2050, Chu Lai will become an international airport.

Assigning focal point for research on expanding North-South expressway, Cam Lo - La Son section

The Minister of Transport has just signed Decision No. 227/QD-BGTVT on assigning the task of preparing a Pre-Feasibility Study Report for the Investment Project to build and expand the North-South Expressway in the East, Cam Lo - La Son section.

This is one of five two-lane expressway sections that the Ministry of Transport is prioritizing resources to upgrade and expand to a standard four-lane scale.

A section of Cam Lo - La Son highway.

Accordingly, the Ministry of Transport assigned the Ho Chi Minh Road Project Management Board to prepare a Pre-Feasibility Study Report for the North-South Expressway Expansion Investment Project, Eastern section Cam Lo - La Son, Quang Tri province and Thua Thien Hue province.

The cost of preparing the Project Pre-Feasibility Study Report is paid according to the tasks, approved estimates and annual investment preparation capital plan; the implementation period is from 2024 to 2025.

In Decision No. 227, the Ministry of Transport assigned the Ho Chi Minh Road Project Management Board to be the investor in preparing the pre-feasibility study report of the above project; the consultant for preparing the pre-feasibility study report will be selected according to current regulations.

The Ho Chi Minh Road Project Management Board is responsible for making the most of the investment project documents approved by the Minister of Transport in Decision No. 1291/QD-BGTVT dated June 19, 2018 and research results (if any) to serve the research work, prepare the Pre-Feasibility Study Report of the North-South Expressway Expansion Project in the East, Cam Lo - La Son section, Quang Tri province and Thua Thien Hue province according to the approved planning; complete related procedures to completely handle according to current regulations the tasks assigned by the Ministry of Transport in Decision No. 1927/QD-BGTVT dated September 11, 2019.

The Cam Lo - La Son section investment component project under the North - South Expressway Construction Project in the Eastern Region in the 2017 - 2020 period, using public investment capital, will be put into operation from January 1, 2023.

Currently, the road sections of the regular routes (diverging phase) from Cam Lo - La Son are arranged with 2 lanes with a cross-section of 12 m wide. Of which, the road surface is 7 m wide (1 lane in each direction; the center line is painted between the two directions); the width of the reinforced shoulder on both sides is 4 m (the road surface structure is the same as the road surface structure of the motor vehicle lane). The dirt shoulder on each side is 1 m wide. Particularly, the overtaking sections (designed in scale according to the complete phase) are arranged with 4 lanes with a cross-section of 23.25 m wide, of which the road surface is 14 m wide; the median strip is 0.75 m wide; the middle safety strip is 1.5 m wide (2x0.75 m); the emergency stopping strip is 5 m wide (2x2.5 m). The dirt shoulder is 2 m wide (2x1 m).

According to preliminary calculations, to upgrade and expand the 98 km of the North-South Expressway in the East, Cam Lo - La Son section from 2 lanes to 4 standard lanes, with continuous emergency lanes, it would cost about 6,500 billion VND. This plan was established in 2020 but still needs to be updated to suit the actual situation, before being submitted to the competent authority for approval.

Previously, in Official Dispatch No. 16, the Prime Minister assigned the Ministry of Transport to preside over and coordinate with relevant localities to urgently study investment plans and upgrade expressways that have been invested in phases to reach the scale of complete expressways, in accordance with design standards and transportation needs in accordance with the Prime Minister's direction in the above documents; in which, the earliest investment will be focused on expressways with a scale of 2 lanes. At the same time, review and supplement fully and synchronously the infrastructure works on the route (such as intelligent traffic systems, rest stops, etc.); report to the Prime Minister in March 2024.

Investing nearly 360 billion VND to build a shoe cap processing factory in Thanh Hoa

Accordingly, the project is implemented in Thach Dinh commune, Thach Thanh district, Thanh Hoa province. The project's objective is to invest in building a shoe upper processing factory (shoe and sandal production).

Illustration

The project has a scale of about 65,678 m2 with construction items including: 4 factories, workers' garage, security house, office - break house, canteen combined with medical house, power plant, wastewater treatment plant, wastewater treatment plant operator house, clean water tank...

The total investment capital of the project is about 359.18 billion VND. Of which, the investor's own capital is about 72 billion VND (accounting for 20.05%), and commercial bank loans are about 287.18 billion VND (accounting for 79.95%).

The project has a 50-year operating period. The project is expected to be completed and put into operation within 24 months from the date the State hands over the land.

It is known that Thach Dinh Shoe Joint Stock Company was granted the first business registration certificate by the Department of Planning and Investment of Thanh Hoa on May 13, 2022, and registered for the third change on December 27, 2023. The enterprise has its registered head office at No. 05 Phan Chu Trinh, Dien Bien Ward, Thanh Hoa City, Thanh Hoa Province.

Source: https://baodautu.vn/dau-tu-cao-toc-cho-moi---bac-kan-quy-mo-4-lan-von-5751-ty-dong-de-xuat-ho-tro-5600-ty-dong-cho-cao-toc-bac-giang---lang-son-d210438.html