Proposing to legalize specific and special mechanisms and policies for railway investment and development

On June 9, the Government issued Resolution No. 164/NQ-CP on the draft Law on Railways (amended), proposing to legalize specific and special mechanisms and policies to invest in developing the railway system.

The Resolution clearly states that the Government agrees with the proposal of the Ministry of Construction to remove from the 2025 Legislative Program the Resolution on piloting a number of specific and special mechanisms and policies for investment in developing the railway system and adjust the time for consideration and approval of the draft Law on Railways (amended) in the 2025 Legislative Program for the National Assembly to consider and approve at the 9th session according to the procedure at 1 session.

The Government approved the draft Law on Railways (amended) after adding specific and special mechanisms and policies for investment in developing the railway system as stipulated in the draft resolution of the National Assembly .

The Government assigned the Minister of Construction, authorized by the Prime Minister , to sign on behalf of the Government the Government's submission to the National Assembly on: adjusting the 2025 Legislative Program; the content of the draft Law on Railways (amended) after supplementing mechanisms and policies for investment in developing the railway system according to the conclusions of competent authorities.

The Minister of Construction reported to the National Assembly to assign the Government to preside over and coordinate with the agency in charge of the appraisal and relevant agencies to study, explain, absorb and revise the draft law based on the opinions of National Assembly deputies, National Assembly agencies, and the National Assembly Standing Committee; and report to the National Assembly on the explanation, absorption and revision of the draft law.

Recently, the Prime Minister has approved the Planning and Implementation Plan for the Railway Network Planning for the 2021-2030 period, with a vision to 2050, which includes a list, roadmap, and expected capital needs for national railway construction investment projects.

The Prime Minister has also approved provincial and municipal plans, which set the goal of developing urban railway systems in provincial and major city centers such as Hai Phong, Da Nang, Binh Duong, Can Tho, etc. by 2030. In particular, the two cities of Hanoi and Ho Chi Minh City must basically complete their urban railway networks by 2035.

To continue implementing railway projects according to the plan and meet the progress requirements as directed by the Party and Government leaders, it is necessary to have specific, special, and outstanding mechanisms and policies similar to the mechanisms and policies that have been allowed by the National Assembly to be applied to railway projects.

Therefore, this amendment to the Railway Law aims to continue institutionalizing the Party and State's policies and guidelines on railway development; overcome existing institutional shortcomings and inadequacies, create new momentum for the development of the railway industry, promote the competitiveness of railway transport, and serve the travel needs of the people.

LAM NGUYEN

Source: https://www.sggp.org.vn/de-xuat-luat-hoa-co-che-chinh-sach-dac-thu-dac-biet-de-dau-tu-phat-trien-duong-sat-post798771.html