Removing the final knot in adjusting Hanoi metro line 2

The 4-year investment policy adjustment roadmap for the Hanoi Urban Railway Project, Line 2, Nam Thang Long - Tran Hung Dao section, is about to end and move to the implementation phase.

Illustration

Three review contents

After about 2 months of review, in the middle of last week, the Ministry of Planning and Investment issued Official Letter No. 9173/BKHĐT-GSTTĐĐT to the Government leaders to clarify the final problems related to the dossier adjusting the investment policy of the Hanoi Urban Railway Construction Project, Line 2, Nam Thang Long - Tran Hung Dao section (Nam Thang Long - Tran Hung Dao Metro Project).

This document was issued by the Ministry of Planning and Investment after self-reviewing current regulations, synthesizing opinions from the Ministry of Justice, Hanoi People's Committee and relevant ministries and branches.

The Nam Thang Long - Tran Hung Dao metro project was approved by the Prime Minister in January 2008. In October 2020, the Hanoi People's Committee submitted to the Prime Minister for consideration and adjustment of the project's investment policy. After 4 years of carrying out the necessary procedures, in early August 2024, the Hanoi People's Committee continued to submit Document No. 275/TTr-UBND requesting the Prime Minister to consider and decide to adjust the project's investment policy.

Previously, at the end of August 2024, Deputy Prime Minister Bui Thanh Son requested the Ministry of Justice to study and provide written opinions on the dossier for submitting the adjustment of the investment policy of the Project, clarifying the legal basis and authority to decide on adjusting the investment policy; authority to allow capital allocation through 3 periods of the medium-term public investment plan for the Project; the necessity, legal basis, timing and process, and procedures for reporting to the National Assembly Standing Committee.

“Based on the opinions of the Ministry of Justice, the Ministry of Planning and Investment shall preside over and coordinate with the Hanoi People's Committee and relevant agencies to review, synthesize and report to the Prime Minister to adjust the investment policy of the Project,” Deputy Prime Minister Bui Thanh Son directed.

It is known that these are the last 3 problems to be able to close the investment policy adjustment roadmap that has lasted for 4 years of this project.

In Official Dispatch No. 9173/BKHĐT-GSTĐĐT, the Ministry of Planning and Investment stated that, according to the provisions of the Law on Public Investment 2019, the Project before adjustment was a Group A project, which was included by the Prime Minister in the List of Projects using loans from the Government of Japan in August 2007 and approved for investment in January 2008. "Therefore, the adjustment of the Project's investment policy is under the decision-making authority of the Prime Minister," the Ministry of Planning and Investment stated its opinion.

Declaration

Regarding the time of reporting to the National Assembly Standing Committee on the selection of special loan conditions for economic partners for the Nam Thang Long - Tran Hung Dao metro project, the Ministry of Planning and Investment proposes to follow the guidance of the Ministry of Justice. Specifically, after the project is approved for investment policy adjustment, the Hanoi People's Committee will report to the Government to seek the opinion of the National Assembly Standing Committee on this content.

Regarding the allocation of capital over 3 medium-term public investment plans, the Ministry of Planning and Investment said that the Law on Public Investment stipulates that the ability to balance capital sources can only be implemented according to the 5-year medium-term public investment plan, and the portion transferred to the next phase must not exceed 20% of the public investment plan of the previous phase.

The project is expected to last 15 years, through 3 medium-term public investment plan periods, but there are no regulations on balancing capital sources for the third phase.

However, according to Clause 3, Article 104, Decree No. 29/2021/ND-CP on procedures for appraising important national projects and monitoring and evaluating investment, if a project is in the process of implementation and there is a change that makes the project fall under the criteria of important national projects, those projects can continue to implement the project contents that have been approved by competent authorities.

The order and procedures for adjusting project investment policies and adjusting projects shall be implemented in accordance with legal regulations at the time of project adjustment as for the project or group of projects before adjustment; the investment decision maker shall report to the Prime Minister for consideration and direct the National Assembly to report at the year-end session on the project implementation status, including issues arising in criteria of important national projects.

“On that basis, in Submission No. 275/TTr-UBND dated August 12, 2024, the Hanoi People's Committee proposed to report to the Prime Minister for permission to implement and report this content when reporting to the National Assembly on the implementation status of the Project at the year-end session according to the provisions of Article 104, Decree No. 29/2021/ND-CP”, said the leader of the Ministry of Planning and Investment.

Source: https://baodautu.vn/go-nut-that-cuoi-trong-dieu-chinh-tuyen-metro-so-2-ha-noi-d229641.html