The National Assembly passed a Resolution of the National Assembly to pilot a number of specific and special mechanisms and policies to develop the urban railway network system in Hanoi and Ho Chi Minh City.
Resolution resolution: In the process of investment preparation and implementation of investment projects in the list of planned projects in the appendix attached to this resolution, the Prime Minister is allowed to decide on the following contents: Based on the ability to balance and arrange the medium-term public investment plan, the annual central budget capital supplemented with targets for the local budget, not exceeding VND 215,350 billion for Hanoi and not exceeding VND 209,500 billion for Ho Chi Minh City in the medium-term public investment plan periods of 2026-2030 and 2031-2035 as the basis for deciding on investment and implementing investment projects.
The agency responsible for allocating capital may use annual central budget revenue increases and savings (if any) and other legal capital sources; in case of using annual central budget revenue increases and savings, it is not required to follow the order of priority prescribed by the law on the state budget.
In addition, mobilize official development assistance (ODA) capital and foreign concessional loans to implement projects and do not have to prepare project proposals using ODA capital and foreign concessional loans according to relevant laws; apply the regulations of foreign donors in cases where Vietnamese law does not have regulations or has regulations but they are different from the regulations of foreign donors.
The City People's Council is responsible for balancing and arranging the medium-term and annual public investment plan of local budget capital as the basis for deciding on investment and implementing investment in projects in the list of planned projects from the following sources: Local budget in the medium-term and annual periods, including foreign loans from the Government for re-lending, local government bond capital; Sources of increased revenue and annual savings (if any) without having to follow the order of priority according to the provisions of the law on the state budget; other legal sources of capital.
The City People's Committee is allowed to decide on the allocation of capital from the city budget in the medium-term public investment plan and the annual public investment plan before making an investment decision to implement a number of activities serving the urban railway project, the urban railway project following the TOD model (Transit Oriented Development, taking the orientation of public transport development as the basis for urban development planning) such as: Expenditure tasks of the investor, project management unit; training of human resources of state agencies, project management units, operating and exploiting units, training facilities, research facilities; payment for consulting services; payment for planning activities related to the project route plan, project location on the urban railway line and TOD area planning; implementation of compensation, support, resettlement; implementation of communication work and other work serving project investment preparation.
To implement urban railway projects, urban railway projects according to the TOD model, the city People's Committee is allowed to decide: Use the annual local budget reserve; advance the local budget estimate for the following year to ensure no more than 50% of the estimated capital construction investment expenditure for the implementation year of basic construction works under the approved medium-term public investment plan from the local budget.
Urban railway projects and urban railway projects following the TOD model can immediately carry out the project preparation, appraisal and investment decision without having to carry out the procedures for preparation, appraisal, investment policy decision and other procedures related to investment policy decision according to the provisions of relevant laws.
Source: https://daidoanket.vn/duong-sat-do-thi-ha-noi-thanh-pho-ho-chi-minh-duoc-ap-dung-co-che-dac-biet-10300146.html
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