Take public investment to "lead" private investment

The East-West Regional Link Road Project has the full name of the Investment Project to build a connecting route from National Highway 1A to Cau Gie - Ninh Binh Expressway via Liem Son Intersection, passing through Binh Luc District to National Highway 21A, National Highway 21B, the road connecting the two expressways Hanoi - Hai Phong and Hanoi - Ninh Binh; connecting two special national relics, Tran Thuong Temple (Ha Nam Province) and the Tran Temple Historical - Cultural Relic Site (Nam Dinh Province). The project is divided into 2 routes: Route 1 is 32km long, connecting National Highway 1A via Road 495B (phase 1) with Hanoi - Ninh Binh Expressway, National Highway 21A, National Highway 21B, connecting to Thai Ha Bridge, Hung Ha Bridge; Route 2 is 14.6km long, connecting the two Tran Temples, starting point in Tran Hung Dao Commune, ending point in Hoa Hau Commune (Ly Nhan). The total investment of the project is 3,600 billion VND, supported by the central budget in combination with local capital, and will be implemented in the period from 2022 to 2025. Up to this point, the contractor has completed an estimated 90% of the work volume, and the investor has also basically disbursed capital according to the progress of the completed volume. Specifically, the section from National Highway 1A to National Highway 21B has been put into operation. Currently, the contractor is constructing Chau Giang Bridge, the overpass at the Liem Son intersection and the end point of the road connecting the two Tran temples in Hoa Hau commune, striving to open the route in 2025.

Along with the East-West Regional Link Project, the Phu Thu Intersection Project, the Liem Son Intersection of the Cau Gie - Ninh Binh Expressway is also being accelerated in construction progress. The Phu Thu Intersection is designed and constructed as a 3-level interchange, in which: the 1st floor is a tunnel on the Cau Gie - Ninh Binh Expressway with 6 lanes designed for a speed of 120 km/h; the 2nd floor is a roundabout with a radius of 40m including 4 branches of the standard level 3 plain road, designed for a speed of 80 km/h; the road on the Ring Road 5 side, designed for a speed of 60 km/h; the 3rd floor is an overpass of the Ring Road 5 of the Capital region on the Cau Gie - Ninh Binh Expressway. The total investment of the project is approximately 1,400 billion VND, from the local budget. Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) and Trung Chinh Construction and Trading Company Limited won the construction bid. The project implementation period is from 2022 to 2025. Up to this point, the contractor has completed the construction volume exceeding the set plan.

The 68m road section through Liem Chinh ward (Phu Ly city) has been invested in and expanded, contributing to creating momentum to promote production and business activities in the area.

With the goal of accelerating public investment progress, using public investment to "lead" private investment and attract important projects to the area, in recent years, Ha Nam has focused on investing in transport infrastructure, infrastructure of industrial parks, and University Urban Areas to attract investors to operate, contributing to improving the efficiency of investment attraction. Up to now, the province has had nearly 1,300 valid investment projects, including more than 840 domestic projects and nearly 500 FDI projects with registered capital of VND 180,690.6 billion and more than USD 6,554.7 million. Regarding Nam Cao University Area, since the beginning of the year, the province has attracted a number of projects from units: Banking Academy, National Economics University, University of Transport... to build training facilities. Most recently, FPT UniSchool Ha Nam Education Complex with an area of ​​101.5 hectares, located in Tien Noi, Hoang Dong wards and Tien Ngoai commune (Duy Tien town), with a training scale of 10,000 people, has also invested in the province. The investment of Vietnam's leading technology group FPT in building an Education Complex in Ha Nam shows the investor's vision, affirming the potential, strengths and advantages of Nam Cao University Area.

According to Associate Professor, Dr. Bui Huu Toan, Party Secretary, Chairman of the Banking Academy Council, Ha Nam is emerging as a development pole in the Red River Delta region with a very convenient transportation system. For the Banking Academy, in 2024, there will be 69,000 registration wishes. Currently, the academy is training 16,000 students, expected to reach 35,000 students, so it is very necessary to expand training facilities. To implement the development strategy, the Banking Academy is interested in building training facilities in neighboring areas and decided to choose Ha Nam as the investment location for expansion facilities. The school hopes that the province will create favorable conditions for the Academy to soon build facilities in Ha Nam.

Mr. Pham Quang Hung, Director of the Provincial Construction Investment Project Management Board, said: Implementing the 2025 public investment plan in the context of some projects having problems with site clearance, and the budget revenue from land at the beginning of the year was lower than planned. To complete the set plan, the Board has coordinated with localities to focus on site clearance for projects, especially key projects striving to complete in 2024 - 2025; for contractors, the unit directed to accelerate construction progress, ensure quality, and complete according to the set plan. Currently, many projects are being accelerated to strive to complete the disbursement of public investment capital according to plan.

In the first 6 months of 2025, the whole province strives to collect about 12 trillion VND from land fees. To complete the above plan, the Provincial People's Committee directs sectors, localities and units to promptly remove difficulties and obstacles, proactively take appropriate construction solutions to ensure the approved progress, contributing to promoting the disbursement of public investment capital. For localities, the Provincial People's Committee directs to focus on synchronously implementing policies to effectively exploit budget revenue from economic sectors along with creating and nurturing revenue sources, striving to complete the revenue estimates assigned by the Provincial People's Council at the highest level, ensuring resources to serve socio-economic development goals; focus on mobilizing all investment resources to complete the synchronous and modern socio-economic infrastructure system, focusing on prioritizing the development of transport infrastructure, industrial park and cluster infrastructure to attract investment and serve socio-economic development tasks.

Tran Thoan

Source: https://baohanam.com.vn/dau-tu/lay-dau-tu-cong-dan-dat-dau-tu-tu-163931.html