Submitting to the National Assembly the policy of investing in Quy Nhon - Pleiku expressway with over 43,700 billion VND

Minister of Construction Tran Hong Minh presented the report on the morning of May 19. Photo: VIET CHUNG

Minister of Construction Tran Hong Minh said that the Central Highlands region in general and Gia Lai province in particular have great potential for economic development thanks to their rich natural resources and diverse and unique culture. Meanwhile, Binh Dinh province is the economic and political center of the South Central region, with advantages in developing the marine economy, tourism and international trade. However, the current transport infrastructure system, mainly national highways, has not met the strategic transport needs and is not strong enough to attract investment.



Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai presented the verification reports on the morning of May 19. Photo: VIET CHUNG

The Quy Nhon – Pleiku Expressway project is about 125km long, starting at National Highway 19B (An Nhon Town, Binh Dinh), ending at Ho Chi Minh Road (Pleiku City, Gia Lai). Of which, the section through Binh Dinh is 40km long and the section through Gia Lai is 85km long. The route is designed with 4 lanes, with continuous emergency lanes, a road surface width of 24.75m, and a design speed of 100km/h. The estimated land area used is about 942.15ha, affecting about 491 households.

The project is proposed for public investment, to be implemented from 2025 and completed in 2029, with a total investment of about 43,734 billion VND.

Presenting the review report, Chairman of the Economic and Financial Committee Phan Van Mai said that the Government proposed 9 groups of specific mechanisms and policies for the project - most of which have been approved by the National Assembly for application to important national projects. However, some mechanisms this time have been adjusted compared to before, so they need to be explained more clearly and carefully reviewed to ensure feasibility and suitability with the project's objectives.

The Committee also requested the Government to supplement the report on the appraisal of capital sources and the ability to balance capital according to the provisions of the Law on Public Investment. At the same time, it is necessary to urgently report to the competent authority according to the regulations of the Politburo and the Secretariat before submitting to the National Assembly for consideration and decision.

PHAN THAO

Source: https://www.sggp.org.vn/trinh-quoc-hoi-chu-truong-dau-tu-cao-toc-quy-nhon-pleiku-hon-43700-ty-dong-post795876.html