Thua Thien Hue adjusts Lang Co - Canh Duong main road project
The People's Council of Thua Thien Hue province has just approved the adjustment of the investment policy for the Main Road Project connecting Lang Co - Canh Duong National Tourist Area with National Highway 1 (Phu Loc district), with a total investment of more than 462 billion VND.
The main road project connecting Lang Co - Canh Duong National Tourist Area with National Highway 1A aims to develop the socio -economy, ensure security and national defense, gradually build Chan May urban area into a type III urban area; gradually complete the infrastructure according to the detailed planning for the construction of Chan May urban area, the master plan for the development of Lang Co - Canh Duong National Tourist Area. Contribute to building Thua Thien Hue province into a centrally-run city.
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| Chan May – Lang Co Economic Zone. Photo: Ngoc Tan |
The project was approved for investment by the People's Council of Thua Thien Hue province in Resolution No. 180/NQ-HDND dated December 23, 2020 with a length of about 3.3 km, a total investment of more than 358.5 billion VND from the state budget. The project is implemented in communes in Chan May - Lang Co Economic Zone including: Loc Thuy, Loc Tien, Loc Vinh of Phu Loc district.
According to Mr. Nguyen Thanh Binh, Permanent Vice Chairman of Thua Thien Hue Provincial People's Committee, after being approved by the Provincial People's Council, the project will be renamed Chan May Urban Area Main Road Project, section from National Highway 1 to Thua Luu Bridge.
In addition to the name change, the project's total investment will be adjusted from VND358.5 billion to VND462.8 billion.
The adjustment is to be more consistent with the approved project investment objective of "gradually building Chan May urban area into a type III urban area, a key urban area in the South of the province,..."; consistent with the scope and location of investment in the main traffic axis of Chan May urban area.
The reason for the project's investment policy adjustment is that the total investment was approved in 2020 and up to now there have been fluctuations in the prices of raw materials, fuel, labor, construction machinery and other policies related to prices, so it is necessary to update the construction unit price and re-determine the estimated value according to the time of adjustment. The project is expected to be completed after 4 years from the date of commencement.
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