The National Assembly decides on a number of specific policies for road construction.

This Resolution comes into force from the date of adoption and is implemented until June 30, 2025.

Before voting , Chairman of the National Assembly's Economic Committee Vu Hong Thanh presented a report explaining, accepting and revising the draft Resolution .

Reporting and explaining the proportion of State capital participating in investment projects under the public-private partnership method (Article 2), Mr. Thanh stated that Ho Chi Minh City is a special urban area, so the implementation of the project has large compensation, support and resettlement costs .

Therefore, it is appropriate to allow the City People's Council to consider and decide on increasing the proportion of State capital participating in PPP projects but not exceeding 70% of the total investment of the project.

However, for projects passing through difficult socio-economic areas, the cost of site clearance may not be high, but due to low traffic volume, if applied according to the special mechanism for Ho Chi Minh City, the financial plan for the project will not be guaranteed. However, the Appendix attached to the Resolution clearly stipulates the maximum level for each Project. Therefore, the Standing Committee of the National Assembly would like to keep it as in the draft Resolution.

Dialogue - National Assembly decides on some specific policies for road construction — The National Assembly passed a Resolution on piloting a number of specific policies on investment in road construction on the afternoon of November 28 (Photo: Quochoi.vn).

There is a proposal to increase the proportion of State capital participating in the project to no more than 70% or 80% of the total investment to ensure financial solutions for disadvantaged areas with low traffic volume that need to promote the development of road traffic infrastructure.

The Standing Committee of the National Assembly would like to accept, according to the Government's report, the proposed pilot PPP projects have been decided on investment policy by the Prime Minister . In Article 2 of the draft Resolution, it has been completed in the direction of allowing the proportion of State capital participating in PPP projects to exceed 50% of the total investment for 2 projects as prescribed in Appendix I attached to the Resolution .

Regarding the competent authority for road project investment (Article 3), Chairman of the Economic Committee Vu Hong Thanh said that according to the provisions of the Construction Law, the Ministry of Transport will conduct the appraisal of the basic design and total investment of projects assigned to the locality as the competent authority.

Incorporating delegates' opinions, the draft Resolution stipulates in Point b, Clause 4, Article 7 that the People's Committee at the provincial level assigned as the competent authority is responsible for ensuring the capacity and experience of the agencies and organizations assigned to implement the project in accordance with the law on construction.

Regarding the project of using the general reserve fund of the Medium-term Public Investment Plan for the period 2021 - 2025 corresponding to the increased central budget revenue in 2022, the Standing Committee of the National Assembly would like to accept and adjust the provisions at Point a, Clause 1, Article 5 .

At the same time, the Government is requested to report to the National Assembly for consideration and decision at the next session on the amount of capital to be allocated in the Medium-term Public Investment Plan for the period 2026 - 2030 for the project's investment policy and the specific ratio exceeding the provisions in Clause 2, Article 89 of the Law on Public Investment .

At the same time, associated with the content of the Government reporting to the National Assembly on the addition of 63,725 billion VND of increased central budget revenue in 2022 to the medium-term public investment plan of central budget capital for the period 2021 - 2025 corresponding to the general reserve of the medium-term public investment plan for the period 2021 - 2025.

The Government needs to report these contents to competent authorities before submitting them to the National Assembly for consideration of the budget and supplementing the Medium-term Public Investment Plan for the 2021-2025 period .

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