The Office of the Ho Chi Minh City People's Committee has just issued the conclusion of Vice Chairman of the City People's Committee Bui Xuan Cuong at a thematic meeting on investment projects under the PPP form.
The section connecting Vo Van Kiet Street to Ho Chi Minh City - Trung Luong Expressway is unfinished. Photo: MQ
Specifically, for the project to build the section connecting Vo Van Kiet Street to Ho Chi Minh City - Trung Luong Expressway, Vice Chairman of the City People's Committee Bui Xuan Cuong requested the Department of Transport - Head of the interdisciplinary working group to seriously learn from the experience of slow implementation and implement the direction of the City People's Committee regarding the unilateral termination of the signed BOT project contract.
Mr. Cuong assigned the Department of Transport to urgently review and complete the personnel of the Interdisciplinary Working Group to ensure the implementation and completion of assigned tasks; advise and propose to the City People's Committee before October 31.
The project to build the section connecting Vo Van Kiet Street to the Ho Chi Minh City - Trung Luong Expressway located in the west of Ho Chi Minh City is expected to contribute to solving the traffic congestion problem on the vital expressway connecting Ho Chi Minh City with the provinces of the Mekong Delta.
The project has a route length of about 2.7 km, with a total investment of 1,557 billion VND (excluding compensation costs for site clearance due to separation into a separate project) implemented by Yen Khanh Group Joint Stock Company. The project construction roadmap is from 2016 to 2017.
After being shelved for many years, the connecting road project has seriously degraded. Photo: MQ
However, by 2018, when only 12% of the contract value was completed, this project has been "shelved" until now.
In early July 2024, Chairman of Ho Chi Minh City People's Committee Phan Van Mai directed and agreed on the proposal to unilaterally terminate the BOT contract for the project to build the section connecting Vo Van Kiet Street to Ho Chi Minh City - Trung Luong Expressway.
The reason is that the investor and project enterprise did not remedy the violations according to the agreement in the signed BOT contract.
The investor and project enterprise also failed to meet the requirements of the signed BOT contract; could not provide the project's completed volume settlement records that were eligible for audited completion settlement...
Regarding this project, information from the Ho Chi Minh City Department of Transport said that the unit is preparing to invest in the project under a new form of public-private partnership (PPP), replacing the previous BOT form.
Regarding the investment project to build the connecting section from Pham Van Dong Street to Go Dua Intersection - National Highway 1, Thu Duc City (Ho Chi Minh City Ring Road 2), Vice Chairman of the City People's Committee Bui Xuan Cuong assigned the Department of Transport - Head of the Inter-sectoral Working Group to urgently review and complete the personnel of the Inter-sectoral Working Group, ensuring the implementation and completion of assigned tasks; advise and propose to the City People's Committee before October 30.
Source: https://www.baogiaothong.vn/tphcm-phe-binh-cham-thuc-hien-cham-dut-hop-dong-bot-duong-noi-vo-van-kiet-192241023091010922.htm
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