350 billion VND to upgrade and repair Ke Go Lake; Mobilize more than 39 billion USD to build 183 km of metro
Ha Tinh invested 350 billion VND to upgrade and repair Ke Go Lake; Ho Chi Minh City prioritized mobilizing more than 39 billion USD to build 183 km of metro... Those are 2 of the notable investment news in the past week.
Proposal for central budget to support 19,403 billion VND for Tran De super port
The People's Committee of Soc Trang province has just sent an official dispatch to the Ministry of Planning and Investment requesting capital support for investment in Tran De port - the gateway port of the Mekong Delta region.
In this dispatch, the People's Committee of Soc Trang province requested the Ministry of Planning and Investment to consider and approve submitting to the Prime Minister to include in the Resolution and Program of the Government on the investment project to build Tran De - Soc Trang port to complete investment procedures in 2025 and implement investment in 2026.
In addition, the People's Committee of Soc Trang province proposed that the central budget invest in the period of 2025 - 2030 to support this locality with a total capital of 19,403 billion VND to invest in building a road behind the port connecting to the Tran De offshore port; invest in building a cross-sea bridge; invest in building a breakwater, a shipping channel and a turning basin.
According to the Master Plan for the development of Vietnam's seaport system for the period 2021 - 2030, with a vision to 2050, Tran De wharf area has the function of serving local industrial parks, industrial clusters and transporting goods and passengers from shore to island; there are general, container, bulk cargo and passenger ports developed in the direction of socialization in accordance with the needs of socio-economic development and the capacity of investors.
Tran De wharf area has the potential to develop offshore to take on the role of a gateway port in the Mekong Delta, receiving ships with a capacity of up to 5,000 DWT for in-river wharfs; general cargo ships, containers with a capacity of up to 100,000 DWT or larger when qualified, bulk cargo ships with a capacity of up to 160,000 DWT offshore Tran De estuary.
Preliminary research by the People's Committee of Soc Trang province shows that the Tran De offshore port area has a port area of 411.25 hectares, of which the start-up phase is 81.6 hectares.
The project includes a wharf system with a total length of 5,300 m to receive general cargo ships, container ships with a capacity of up to 100,000 DWT (6,000 to 8,000 Teus), and bulk cargo ships of 160,000 DWT, in which the initial investment phase will include 2 800 m long wharfs for general cargo ships, container ships with a capacity of up to 100,000 DWT and 2 buoy wharfs for transferring bulk cargo (coal) for ships with a capacity of up to 160,000 DWT.
The breakwater/dike system has a total length of 9,800m, of which the initial phase is 4,000m long.
The sea bridge is 17.8 km long, 28 m wide, 6 lanes, in the start-up phase, it will be arranged for 2 lanes with a width of 9 m. The approach bridge connecting the sea bridge with the port in the start-up phase is 1.85 km long, 28 m wide; in the start-up phase, it is 9 m wide.
The port logistics service area at Tran De port is expected to have an investment scale of about 4,000 hectares, including land leveling, construction of internal roads, water supply and drainage systems, power generation, fire protection systems, and communications. The initial phase covers an area of 1,000 hectares. The road behind the port connects National Highway 91B to the 6.3 km long sea-crossing bridge.
With the above investment scale, the Project has a preliminary total investment of about 162,730 billion VND, of which the starting phase has a total investment of 44,695 billion VND.
Of which, public investment capital is 19,403 billion VND, accounting for about 43%, including: investment in building a road behind the port connecting to the Tran De offshore port; investment in building a cross-sea bridge; investment in building a breakwater, shipping channel and turning basin.
Private investment capital (enterprises) is 25,292 billion VND (accounting for about 57%), including site clearance and investment in infrastructure for logistics services; investment in port construction at Tran De port.
In the completion phase, the Project has a total investment of VND 162,731 billion. Of which, public investment capital is VND 46,476 billion (accounting for about 29%), including investment in the construction of the road behind the port connecting to the Tran De offshore port; investment in the construction of a cross-sea bridge; investment in the construction of a breakwater, a shipping channel and a turning basin.
Private investment capital (enterprises) is 116,255 billion VND (accounting for about 71%), including site clearance and investment in infrastructure for logistics services; investment in port construction at Tran De port.
The leader of Soc Trang Provincial People's Committee said that the project has a large investment capital, slow capital recovery, and is invested in a particularly difficult area.
Therefore, in addition to the capital calling for socialized investment in ports according to the planning, it is necessary to arrange state budget capital to invest in public maritime infrastructure (shipping channels, breakwaters, maritime signals, etc.), technical infrastructure, traffic infrastructure (cross-sea bridges and connecting roads from the end of the Chau Doc - Can Tho - Soc Trang expressway at National Highway 91B to Tran De port) in sync with the roadmap calling for investment in port infrastructure.
This support from the State budget will aim to increase the attractiveness to call for investment from private capital sources similar to other gateway port areas (Lach Huyen, Lien Chieu) that have called for investment in the past.
The highest compensation price for the Ring Road 2 project in Ho Chi Minh City is expected to be 111.5 million VND/m2.
On the afternoon of October 28, the People's Committee of Thu Duc City (HCMC) held an information conference on the draft compensation, support and resettlement plan for two sections of the Ring Road 2 Project, including the section from Phu Huu Bridge to Vo Nguyen Giap Street (section 1) and the section from Vo Nguyen Giap Street to Pham Van Dong Street (section 2).
Planning land preparing for investment in the Ring Road 2 project at the intersection with Pham Van Dong Street, Thu Duc City - Photo: Le Toan |
At the conference, Mr. Mai Huu Quyet, Vice Chairman of Thu Duc City People's Committee, said that both sections 1 and 2 have 1,166 households, individuals and organizations affected, the land area to be recovered is 61.1 hectares, the total compensation and resettlement support capital is about 7,600 billion VND.
Mr. Quyet said that the compensation price at this project is 30-97% higher than the price list approved by the Ho Chi Minh City People's Committee in Decision 79/2024/QD-UBND dated October 21, 2024 at location 1 (main road frontage), other locations are much higher than the old land price list, so it is consistent with the market price.
In addition, the resettlement price by land plot is equal to the price in the land price list according to Decision 79/2024/QD-UBND, so it is very beneficial for the people.
According to the draft to collect public opinions, the compensation price for the frontage of Duong Dinh Hoi street is more than 74 million/m2, the alley with a width of 5 m or more is more than 50.8 million/m2, the frontage of Tang Nhon Phu street is more than 75 million/m2, the frontage of Do Xuan Hop street is more than 101.9 million/m2, the frontage of Pham Van Dong street is more than 111.5 million/m2,...
The draft compensation, support and resettlement plan of the Ring Road 2 Project will be posted at the headquarters of the People's Committees of wards and the Executive Boards of neighborhoods where the Project passes through to collect public opinions for 1 month, starting from October 28, 2024.
Regarding the land fund used for resettlement of people, up to now, Thu Duc City People's Committee has also prepared enough including land plots of Dai Nhan Residential Area (Hiep Binh Phuoc Ward); Dong Tang Long Urban Area (Long Truong and Truong Thanh Wards); 50-hectare resettlement area (Cat Lai Ward); Long Binh - Long Thanh My resettlement area; Lot R of Duc Khai Apartment (An Khanh Ward)...
Through the actual survey of Thu Duc City, the resettlement areas have favorable locations, synchronously connected technical and social infrastructure, ensuring stable life for people after receiving resettlement houses and land.
According to the plan, the 2 sections of Ring Road 2 through Thu Duc City will start construction in the first quarter of 2025.
Ha Tinh invests 350 billion VND to upgrade and repair Ke Go lake
The Irrigation Investment and Construction Management Board 4 (Ministry of Agriculture and Rural Development) is organizing the selection of contractors to implement the Ke Go Lake Upgrade and Repair Project (Cam Xuyen District, Ha Tinh Province). The project is expected to start in November 2024 and be completed before the 2025 flood season.
A corner of Ke Go Lake Project in Cam Xuyen District, Ha Tinh Province. Illustrative photo |
Accordingly, the project has a total investment of more than 350 billion VND from the central budget, Ke Go lake will be upgraded, the main dam, the auxiliary dam, Doc Mieu spillway, the incident spillway and mechanical equipment will be processed and installed. The project to upgrade and repair Ke Go lake is being selected by this unit through open bidding online.
It is expected that the project will be implemented and completed before the 2025 flood season around November 2024. Ke Go Reservoir was built in 1976, with a capacity of 345 million m3. The reservoir is responsible for supplying water for agricultural production, people's lives and economic sectors for Cam Xuyen, Thach Ha districts and Ha Tinh city.
It is known that Nam Ha Tinh Irrigation Company Limited is the unit that manages, operates and exploits Ke Go Lake. After 48 years of exploitation and operation, many key construction items of the lake have been degraded and damaged. This affects the operation process, as well as potentially causing insecurity for the construction, people and infrastructure in the downstream area.
In particular, the upstream tower area and the Ke Go gate operating sluice have many locations where the concrete is eroded and eroded. Many concrete slabs at the slope position under the main dam are eroded and have open palates after a long time of use. In addition, at some other locations at the upstream flat valve gate, the disc valve system is damaged, causing the cone valve to not close tightly and causing water leakage and large vibrations during operation. This is dangerous for the sluice and dam body.
Ho Chi Minh City proposes to invest in 3 BT projects worth 14,600 billion VND with deferred payment from the budget
The Ho Chi Minh City Department of Transport has just issued Document No. 14208/SGTVT – KH to the Department of Planning and Investment proposing 3 transport projects to apply the BT contract type of special investment mechanism according to Resolution No. 98/2023/QH15.
Project 1: construction of Phan Van Hon parallel road (from National Highway 1 to Ring Road 3) in Hoc Mon district with a length of 8.5 km, width of 30 m, total investment of 3,720 billion VND. This route will connect with many land plots along Ring Road 3, implemented according to the TOD model (urban area around traffic hubs).
Some proposed BT projects will connect to the Ring Road 3 section through Hoc Mon district under construction – Photo: LM |
Second project: construction of a new road in the Northwest, Binh Chanh district (from Ring Road 2 to the border of Long An province) with a length of 10 km, width of 40 m, total investment of 5,200 billion VND, of which site clearance is about 3,900 billion VND.
Third project: construction of the East-West axis road (now Vo Van Kiet road) extending from National Highway 1 to the border of Long An province. The project is 12.2 km long, 60 m wide, with a total investment of 5,776 billion VND.
The total investment capital of the above 3 BT projects is 14,696 billion VND, proposed to be paid in installments using the State budget to enhance the ability to mobilize social resources to invest in key and urgent projects when the City budget is still limited.
To have capital to pay investors for the three BT routes mentioned above, Ho Chi Minh City plans to auction many plots of land along Ring Road 3 and metro routes.
According to the plan, 3 BT projects with deferred payment using budget capital will be implemented from 2026-2030.
Quang Binh: Tunnel No. 2 of Khe Net Railway Renovation Project Opened
According to the report from the Contractor Consortium, up to now, the consortium has mobilized 230 engineers, workers, machine operators along with more than 35 specialized machines and equipment, organizing 4 construction teams simultaneously on 2 tunnels. The construction volume of tunnel 1 reached 130 md/580 md and tunnel 2 completed 355 md/355 md. The construction output reached 120 billion VND, exceeding the set progress by 9%.
Tunnel No. 2 of the package was dug ahead of schedule. |
The representative of the package management board said that the two Khe Net railway tunnels have the characteristics of running along the mountainside, with a thin cover layer, complex and constantly changing tunnel geology, not following the original technical design. To overcome this, the contractor consortium coordinated with the investor and the supervision consultant to closely follow the construction site and propose appropriate reinforcement plans, ensuring safety and quality according to the actual geology.
In addition, the Management Board has encountered some difficulties due to the land handover being later than originally planned, along with obstacles in leasing land for public roads and finding suitable dumping sites. Specifically, some dumping sites have been planned on agricultural land, causing difficulties in site clearance due to not receiving compensation from the investor.
To ensure the set progress, the contractor consortium has made efforts and proactively proposed construction solutions, promoted internal training to improve labor productivity for engineers and workers, and organized construction in "3 shifts, 4 teams". In addition, the consortium regularly monitors geology to promptly adjust reinforcement measures, ensuring safety and quality of the project. Currently, the difficulties have been basically resolved. The goal is to dig tunnel 1 before April 2025, pour concrete for the shell and complete tunnel 1 before November 2025 and tunnel 2 before September 2025.
Mr. Nguyen Duy Song, Director of the XL1 Package Management Board, said that today's tunnel opening ceremony is an important milestone, making it more convenient to transport fuel, goods, and construction workers, speeding up the project's progress.
Mr. Song added that Khe Net Railway Tunnel applied NATM technology in construction. This technology has been mastered and improved by Deo Ca, applied in many road tunnel projects that Deo Ca has been and is implementing.
It is known that the XL01 package belongs to the Khe Net Pass Railway Improvement Project, Hanoi - Ho Chi Minh City Railway Line, constructing 2 railway tunnels with a total length of 935 m, with a construction period of 23 months, carried out by the joint venture of Ilsung Company - Deo Ca Group. Of which, tunnel 1 is 580 m long, tunnel 2 is 355 m long. This is an important package of the project, implemented with ODA capital, located in Huong Hoa and Kim Hoa communes, Tuyen Hoa district, Quang Binh province.
Upon completion, the project will not only contribute to reducing traffic congestion and improving freight and passenger transport capacity, but also create momentum for the socio-economic development of the region, help strengthen connectivity between regions, and contribute positively to the national transport network.
More than 1 billion USD capital poured into Phu Ha Viglacera Industrial Park
According to information from Viglacera Real Estate Trading Company, Phu Ha Industrial Park (Phu Tho), invested by Viglacera, has just welcomed two new investors from the Philippines and Taiwan with a total investment capital of over 150 million USD.
Including: Nien Made Company (Taiwan), investing 120 million USD to build a smart furniture factory and Liwayway Vietnam Joint Stock Company (Philippines), specializing in producing food and beverages for the Oishi brand, with a total investment of 30 million USD.
Phu Ha Viglacera Industrial Park in Phu Tho has attracted more than 30 enterprises with a total investment capital of more than 1 billion USD. |
Nien Made is a listed company on the Taiwan Stock Exchange, creating its own brands NORMAN® and VENETA®, distributing products to 2,000 Home Depot stores and 5,000 Walmart stores in the US, Canada, and many other markets such as the UK, Japan, Australia, etc.
Thus, up to this point, Phu Ha Viglacera Industrial Park has successfully attracted more than 30 enterprises, with a total investment capital of over 1 billion USD.
Among them, there are many FDI "big guys" such as: BYD (China), INOUE Rubber (Japan), Hanyang Digitech, Asentec, ActRO Vina (Korea)... In which, mainly are Korean electronics enterprises - tier 1 vendors for Samsung, in line with the orientation of attracting investment from the locality, creating jobs for more than 23,000 workers.
Phu Ha Viglacera Industrial Park has a convenient traffic location, located next to Noi Bai - Lao Cai highway, quick access to Noi Bai airport (45 minutes), Hanoi (1 hour), near Samsung factories and other large electronics and automobile manufacturing corporations located in Bac Ninh, Bac Giang, Thai Nguyen.
2 km from the Industrial Park is the Housing Area for workers and experts of Phu Ha Industrial Park, with a scale of 4.3 hectares. Up to now, the Project has handed over and put into use 2 blocks of 6-storey buildings (268 apartments), 48 low-rise apartments.
The worker housing project here helps workers in the industrial park to “settle down”, stay with the company for a long time and ensure the goals of economic development and local social security. The industrial park has full technical infrastructure - services and clean land, ready to meet the needs of investors.
Da Nang adjusts Software Park No. 2 Project to over 1,400 billion VND
On October 30, at the 20th session (special session), the People's Council of Da Nang City approved the City People's Committee's Proposal on adjusting the pre-feasibility study report of the Software Park No. 2 Project (phase 1).
Accordingly, Da Nang continues to add necessary items to synchronously complete the Software Park No. 2 Project (phase 1), including 3 blocks (20-storey ICT, 8-storey ICT1 and 8-storey ICT2) to put into operation and use; the total additional cost is more than 414 billion VND.
Software Park No. 2 Project (Phase 1). |
According to the Report of the People's Committee of Da Nang City, the Software Park No. 2 Project (Phase 1) is on the list of key projects, driving forces for the city's socio-economic development in the period of 2021-2025. The project was approved for investment with the aim of promoting domestic and foreign investment attraction, especially in the city's information technology sector; at the same time, through Software Park No. 2, it will help businesses quickly access state policies, support and incubate new startups, promote, expand and develop the information technology market.
Recently, the National Assembly issued Resolution 136/2024/QH16 dated June 26, 2024 of the National Assembly on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Da Nang city, including the content on encouraging investment in the development of microchips, semiconductors, and artificial intelligence.
“In the face of the wave of investors in the information technology sector who have a great demand for investment in Da Nang city and in order to ensure the material conditions to promote research, training, microchip design, semiconductors and artificial intelligence development, it is necessary to invest in additional essential equipment to basically complete the material facilities of the buildings of the Software Park No. 2 Project (phase 1), creating attractiveness for domestic and foreign investors to invest in the information technology sector in the city”, the report of the Da Nang City People's Committee stated.
Thus, after adjusting and supplementing the above items, the total investment of Software Park Project No. 2 (phase 1) was increased to more than 1,400 billion VND.
Previously, on October 22, the Prime Minister issued Decision No. 1238/QD-TTg on expanding the Da Nang Software Park Concentrated Information Technology Park. Accordingly, the Prime Minister decided to approve the expansion of the Da Nang Software Park Concentrated Information Technology Park with a total expanded land area of 28,573 m2, located in Thuan Phuoc Ward (Hai Chau District).
The Prime Minister's Decision clearly states that the scope of expansion of the Danang Software Park Concentrated Information Technology Park is determined in Decision No. 4179/QD-UBND dated September 17, 2019 of the Danang City People's Committee approving the 1/500 scale construction plan of Danang Software Park No. 2.
Regarding the functions and tasks, Da Nang Software Park No. 2 ensures to perform according to the functions and tasks of a concentrated information technology park. Regarding preferential policies, enterprises implementing projects in the field of information technology investing in Da Nang Software Park No. 2 enjoy incentives prescribed in Decree No. 154/2013/ND-CP of the Government and other preferential policies applicable to concentrated information technology parks according to the provisions of law. The organizational structure and operating regulations of the Management Organization of Da Nang Software Park No. 2 are decided by the People's Committee of Da Nang City.
The Prime Minister's Decision requires the People's Committee of Da Nang City to coordinate with relevant ministries, branches and agencies to organize implementation; ensure the investment in construction, management and operation of Da Nang Software Park No. 2 effectively and in accordance with regulations... This Decision of the Prime Minister will help put the Da Nang Software Park No. 2 project into operation soon.
Da Nang spends more than 241 billion VND to invest and upgrade 2 hospitals
On October 30, the 10th term People's Council of Da Nang City, 2021-2026 term, voted to approve the investment policy of the Project to expand and connect the technical infrastructure system and auxiliary items of Da Nang Hospital and the Project to invest in the construction, upgrading and repair of Da Nang Mental Hospital.
Accordingly, the Da Nang Mental Hospital Construction and Upgrade Investment Project has a total investment of more than 87 billion VND. The project is expected to build a new acute treatment block for men and women with a scale of 140 beds; build a new corridor connecting the newly built acute treatment block for men and women with the special treatment + drug rehabilitation block, nutrition block, and imaging diagnostic block with a scale of 1 floor. In addition, the building blocks will be renovated and equipment will be purchased.
According to the results of the construction quality inspection prepared by the consulting unit, the current status of the Da Nang Mental Hospital project shows signs of deterioration, mold seepage, crumbling wall mortar, many cracks appearing on the concrete floor... The danger level is given as level C.
The project to expand and connect the technical infrastructure system and auxiliary items of Da Nang Hospital has a total investment of more than 154 billion VND, implemented in the period of 2024 - 2027.
The project will dismantle and relocate some items at Da Nang Hospital (facility 1) to build additional traffic corridors, technical and auxiliary buildings; at the same time, rearrange and rearrange the technical infrastructure system, landscape yard, traffic organization, gate fence system... in the Hai Phong road area, connecting with the new Cardiovascular Center area invested in construction according to the detailed planning adjustment 1/500 of Da Nang Hospital approved by Hai Chau District People's Committee.
Ho Chi Minh City: Adjusting the total investment of Nguyen Khoai Bridge to 3,724 billion VND
The Management Board of the Investment Project Construction of Ho Chi Minh City Transport works (TCIP) has just sent a report (2nd time) to the Department of Transport of Ho Chi Minh City on the evaluation of feasibility study report (adjustment) of the Nguyen Khoai Bridge Bridge Project (connecting District 1, District 4 with District 7).
According to the feasibility study report (adjustment), the project must adjust the total investment from VND 1,250 billion to VND 3,724 billion due to changing the project scale (increasing construction investment costs).
Perspective, Nguyen Khoai. Source: TCIP |
On the other hand, the project increases capital due to the update of site clearance compensation expenses due to the application of the 2024 Land Law and updating the cost of compensation for relocation of technical infrastructure.
In addition to adjusting the total investment, TCIP also proposes to adjust the project implementation time from 2017 to 2028 instead of completion in 2020 as previously approved.
Due to the approved Nguyen Khoai Bridge and Road Architecture, TCIP proposed the Department of Transport in the process of appraising the feasibility study report (adjustment) without requiring the procedures for examining the project's architectural plan.
Currently, Ho Chi Minh City is speeding up the procedure to start the Nguyen Khoai Bridge and Bridge project on April 30, 2025.
Treatment of more than 13 million m2 of dredging waste from My Thuy port project
Permanent Vice Chairman of Quang Tri People's Committee of Quang Tri Ha Sy Dong has just agreed on the location of receiving and the plan to handle the dredging product project of My Thuy port area of My Thuy International Port Joint Stock Company (MTIP).
Accordingly, the Standing Vice Chairman of Quang Tri People's Committee Ha Sy Dong agreed with the proposed report of the Department of Natural Resources and Environment and asked the MTIP side to proactively implement, commit to arranging the reception of dredging products in accordance with the project implementation situation, ensuring that it does not affect the construction progress and performance of functional areas when the project comes into operation.
The scene of the construction of My Thuy port project, phase. Photo: MTIP |
According to the report of Quang Tri Department of Natural Resources and Environment in Document No. 4245/STNMT-CCBVMT dated October 4, 2024, the total volume of dredging products during the construction of My Thuy port area, phase 1 is 13.22 million m3.
According to the solution proposed by the Department of Natural Resources and Environment, the white sand will be gathered in the area of 25 hectares after closing the mine of VICO Investment and Minerals of VICO Quang Tri and the surrounding area.
Regarding the expected time to gather dredging products, MTIP is currently looking for a source of consumption of dredging products and other gathering locations outside the project to ensure that the gathering is not more than 2030; at the same time the size and height of the gathering yards in the project will also be adjusted in accordance with the actual situation.
The approval of the location of the dredged material storage site is the basis for MTIP to implement the next steps such as preparing a dossier to adjust the project's environmental impact assessment (EIA) expected to be submitted to the Ministry of Natural Resources and Environment in the fourth quarter of 2024, consulting on the preparation of a dossier to request permission for forest conversion, measuring and marking the site clearance for phases 2 and 3.
The My Thuy port project is approved by the Prime Minister to invest in Decision No. 16/QD-TTg dated January 4, 2019. The project is invested by My Thuy International Port Joint Stock Company (MTIP), implemented in Hai An commune, Hai Lang district, in the Southeast economic zone of Quang Tri.
The project has a scale of 10 wharves, total investment of 14,234 billion VND; the progress of implementation from 2018-2035. 25.
EVN is the investor of the 500 kV Lao Cai - Vinh Yen line project
The Prime Minister has issued Decision No. 1274/QD-TTg on approving the investment policy of the Lao Cai-Vinh Yen 500kV line project with more than 7,000 billion VND.
Lao Cai - Vinh Yen 500 kV line project has the goal of transmitting capacity of Northwestern hydropower plants and neighboring provinces to the national grid; creating a strong link between areas in the electrical system, increasing safe and stable operation for the national electricity system.
The project of 500 kV Son La - Lai Chau is also located in the North. |
The project also aims to implement the goal of reducing power loss in the transmission grid, increasing EVN's electricity production efficiency.
Location of investment projects: In the provinces of Lao Cai, Yen Bai, Phu Tho and Vinh Phuc.
The project scale includes, building a new 500 kV Lao Cai - Vinh Yen line, a double circuit of about 228.92 km long; expanding 02 compartments for 500 kV at the 500 kV Vinh Yen transformer station to the 500 kV Lao Cai transformer station.
The investment capital of the project is about 7,010.74 billion dong, of which, the total value of the project investment before tax is about 6,495.53 billion dong, is expected to use equity (about 1,299.11 billion dong), accounting for 20% of the total project investment capital before tax and commercial bank loans (about 5.196.42 billion dong), accounting for 80% of the total project investment capital.
The project's operating term is at least 40 years (from the date of the decision to approve the investment policy and approve the investor).
The project has a construction progress in December 2025, construction for 6 months, striving to complete electricity and put the work into use in May 20226.
Regarding the policy of changing the purpose of using forest to other purposes to implement the project: It is expected that the forest area is expected to switch to other purposes to implement the project is about 53 hectares of forest.
The Prime Minister assigned the Ministry of Industry and Trade to be responsible for the state management of the project by the industry or field in charge of the law; directed and guided EVN in reviewing and completing the application for evaluation of the project feasibility study report, ensuring safety, maximizing the role and efficiency of project investment, in accordance with the purpose of transmission in the national electricity system, the project has been implemented and urgently implemented the project to study the project. Responsibility to perform the function of specialized state management of the project in the process of implementing investment and exploitation management in accordance with the law.
The Ministry of Natural Resources and Environment is responsible for inspecting and supervising the compliance with the law on environmental protection of the project during the implementation process.
In addition, the Ministry of Natural Resources and Environment supports and guides EVN in completing the dossier and carrying out the environmental impact assessment procedures of the project in accordance with the law on environmental protection and urgently organizing the appraisal and approval of the evaluation results of environmental impact assessment. About land ...
EVN is responsible for the law for honesty and accuracy of information, data and content in the project record; Fully collecting the appraisal opinions of the relevant agency in the process of investment, project implementation ...
Binh Dinh proposed to add Phu My port area to the national port planning
In the document to the Ministry of Transport, Binh Dinh province said that Phu My wharf area has an area of 1,442.7 hectares, by 2030, there are 2 ports specializing in blue hydrogen products, green ammonia, receiving a 150,000 ton tonnage.
In order to create favorable conditions for investors to invest in building and developing port infrastructure, meeting the socio -economic development requirements of the province; recently, the People's Committee of Binh Dinh Province proposed the Ministry of Transport to propose the Prime Minister to adjust and supplement the planning of Phu My port area into the overall planning of Vietnam's seaport system in the 2022-2030 period, vision to the 5th year planning when reviewing the 5 -year plan.
Perspective of Phu My specialized port project at Long Son Iron and Steel Complex phase 1. |
At the same time, the People's Committee of Binh Dinh Province proposed the Ministry of Transport to consider updating the scale of Phu My port area (in My An commune, My Tho commune, Phu My district) to submit to the Prime Minister for approval of detailed planning of seaport groups, ports, wharfs, buoy berths in the period of 2021-2030, with a vision to 2050 as prescribed.
According to the scale mentioned by the People's Committee of Binh Dinh Province in the report to the Ministry of Transport, Phu My wharf area has an area of 1,442.7 hectares, with the function of transport and seaports associated with the centralized industrial park, multi -sector, enhance the attraction of industrial types in accordance with the orientation for Phu My Industrial Park.
By 2030, Phu My wharf area has 2 specialized wharfs using blue Hydrogen and ammonia products, receiving 150,000 tons of vessels; 1 liquid port bridge specialized in receiving petrol and oil products, JET, petrochemical products, receiving ships of 100,000 tons;
Phu My wharf area also has 5 general and universal loading and unloading of goods, packages, containers, equipment and equipment, receiving ships of 30,000 - 100,000 tons.
After 2030, Phu My wharf area has 4 synthesized ports and materials for ships of 30,000 - 70,000 tons; 1 wharf for serving fleets, hybridization of 120m long.
The People's Committee of Binh Dinh Province also preliminarily forecasted the volume of goods through the harbor in the period to 2030 to about 2.6 million tons/year, including liquid goods (hydrogen, ammonia), supplies, equipment, packages, loose goods.
Forecast for the period of 2030 - 2050, the volume of goods through the harbor is about 16.6 million/year, including liquid goods (hydrogen, ammonia, lng, petrol, petrochemical products), general goods, containers, materials, equipment, packages, removable goods, specialized equipment.
It is known that the Phu My port project is receiving the attention of Phu My Investment Group Joint Stock Company when on September 23, 2024, this company sent a document to the People's Committee of Binh Dinh Province to register the survey, research and investment of the general and specialized port project for Phu My Industrial Park.
After that, on October 9, 2024, the company continued to request a survey and survey to measure the depth of the sea floor to determine the location of the construction of Phu My port.
On October 21, 2024, the People's Committee of Binh Dinh Province agreed to allow Phu My Investment Group Joint Stock Company to survey and measure the depth of the seabed in the sea area of My An commune, My Tho commune, Phu My district to determine the construction of Phu My port.
Proposing planning and investing in national highway 5 to go on high
The Hai Duong Department of Transport has just proposed that the Ministry of Transport consider planning and investing in the construction of the elevated National Highway 5.
According to the Hai Duong Department of Transport, the investment plan to build an elevated National Highway 5 has many more advantages than the plan to expand the existing National Highway 5.
A section of National Highway 5 through Hai Duong. |
Specifically, this option helps not to arrange new land funds, save land, use land effectively and intelligently due to not having to expand; not have to clear the ground on the main route (this is one of the bottlenecks when implementing transport infrastructure projects, also the points of complaints);
In addition, the elevated National Highway 5 Project, when put into operation, will ensure the design speed, significantly saving travel time; solving the shortcomings of traffic infrastructure, especially at intersections at the same level, minimizing traffic accidents.
The construction of National Highway 5 on an elevated route also helps to proactively plan construction and shorten project implementation progress.
It is known that National Highway 5 is the main artery in the Northern region, put into operation since 1998 with the scale of a level II plain road (from 4-8 lanes). The route has been considered by localities as an economic development axis, especially large vehicles going to and from Hai Phong ports with very high traffic volume/day.
In recent years, localities have gradually invested in a number of National Highway 5 feeder roads. In addition, in 2015, the Hanoi - Hai Phong expressway was opened to traffic, which has also shared part of the traffic volume on National Highway 5.
However, Highway 5 has long been overloaded (according to the management unit's vehicle count data, the actual traffic volume is currently over 90,000 vehicles/day, exceeding the design traffic volume by 6 times). The operating speed on Highway 5 is only 50-60 km/h for cars, which is 50-60% of the design speed.
According to the Hai Duong Department of Transport, the traffic accident situation on the route is extremely complicated, with frequent congestion, especially during rush hour. The section through Hai Duong province alone is 44 km long, but from 2021 to now, there have been 228 accidents, accounting for 18%; killing 85 people, accounting for 13%; injuring 139 people, accounting for 16% of the total number of accidents, deaths and injuries in the province.
According to the Road Infrastructure Planning Plan for the 2021-2030 period, with a vision to 2050, which is being prepared by the Ministry of Transport, National Highway 5 will remain at its current size.
“Given the very important role of National Highway 5 now and in the future, early planning and investment in expansion or construction of an elevated road is very urgent and necessary, in order to meet the requirements of the economic development triangle of Hanoi - Hai Phong - Quang Ninh, and to solve the overload situation and traffic safety on the route,” the leader of the Hai Duong Department of Transport assessed.
Khanh Hoa transferred more than 26 hectares of rice land to invest in Dien Tho industrial cluster project
On October 31, the People's Committee of Khanh Hoa province said that according to the development plan of Khanh Hoa province's industrial cluster, it was approved together with the planning of Khanh Hoa province in the 2021-2030 period, with a vision to 2050 in the Prime Minister's Decision No. 318/QD-TTg of March 29, 2023, Dien Tho Industrial Cluster area was 75 ha by 2030.
Currently, the area of Dien Tho industrial cluster has been established in Dien Khanh district is 50 hectares. In which, Dien Tho industrial cluster (phase 2) invested by VCN Investment Joint Stock Company was established under Decision No. 2053/QD-UBND dated August 30, 2023 of the Provincial People's Committee with an area of 30.98 ha.
Therefore, the People's Committee of Khanh Hoa province said that the proposal of changing the purpose of using rice land to other purposes within the boundary of Dien Tho industrial cluster (phase 2) is necessary.
On November 30, 2023, VCN Investment Joint Stock Company issued Document No. 602/CV -PTDA on the registration of the need to change the purpose of using rice cultivation land to implement the project of Dien Tho industrial cluster (phase 2), in which the rice land area in the project is 26.18 ha.
According to the People's Committee of Khanh Hoa Province, based on the relevant regulations, the approval of changing the purpose of rice land use to implement Dien Tho Industrial Cluster project (phase 2) is under the authority of the Prime Minister authorizing the People's Council of Khanh Hoa province under Decision No. 06/2023/QD-TTg of the Prime Minister.
At the same time, the project has been approved by the provincial People's Council through the list of projects that need to be recovered for socio-economic development for the national and public benefit in Khanh Hoa province in Resolution No. 09/NQ-HDND dated March 30, 2023; suitable for Dien Khanh urban planning project to 2040; suitable to the land use plan
Along with that, the area shifts the purpose of using rice cultivation land to other purposes to implement the project of Dien Tho industrial cluster not overlapping with the location of irrigation works planning.
On October 31, the provincial People's Council approved the change of the purpose of using 26.18 ha of rice land to invest in Dien Tho industrial cluster project (phase 2) at the request of Khanh Hoa People's Committee.
Ho Chi Minh City prioritizes more than $ 39 billion for 183 km of metro
The Department of Transport - Transport (MOT) has just issued Document No. 14229 to the City People's Committee to explain more about the structure of investment capital of 183 km of urban railway and public debt evaluation when investing in urban railways.
According to the Department of Transport, to complete 183 km of urban railway in Ho Chi Minh City by 2035, more than 39 billion USD is needed. With such a large amount of capital, Ho Chi Minh City will mobilize maximum resources to invest according to the proposed plan.
When investing, the City determines and structures capital sources based on the principle that while the routes being invested in are funded by ODA loans, the remaining sections can be considered and studied for continued investment using ODA capital or state budget capital.
For the remaining routes, it will focus on prioritizing investment in state capital, mobilizing more from other capital sources to gradually approach technologies towards localization of urban railway system, fully proactive in implementing and speeding up the project.
Therefore, according to calculations by departments and branches, the capital demand for investment in urban railway lines in Ho Chi Minh City in the period of 2026-2030 is 21.31 billion USD. Of which, the City budget and revenue from land auctions along stations (TOD) is 7.81 billion USD (accounting for 36.65%); issuance of local government bonds and other forms of domestic borrowing is 6.67 billion USD (accounting for 31.3%); Central support (expected) is 4.78 billion USD (accounting for 22.44%); BT capital is paid in installments is 2.04 billion USD (accounting for 9.58%).
By the 2031-2035 period, the City needs 17.26 billion USD for investment, of which the City budget and revenue from TOD are 9.48 billion USD (accounting for 54.95%); Central support (expected) is 3.19 billion USD (accounting for 18.51%), BT capital is paid in installments of 4.58 billion USD (accounting for 26.54%).
Looking at the above capital structure, Assoc. ", Mr. Tuan analyzed.
Mr. Tuan said that the development of the TOD development model will have many advantages later, when both creating satellite cities, helping to extract urban space and population density for the central areas of the city, while reducing personal vehicles, reducing traffic jams, pollution ...
Regarding the plan to exploit the land fund, develop Today, the project has been approved by the City Party Committee and People's Committee and issued the plan to implement in 2 phases (2024- 2025 and 2026-2028) at some lands around the Metro Terminal No. 1, No. 2 and around Ring 3 intersection according to the specific mechanism of Resolution 98/NQ-QH15.
The capital that Ho Chi Minh City plans to mobilize from local government bonds is VND160,000 billion (VND10,000-40,000 billion/year) in the period of 2026-2030 to exclusively invest in urban railways, which is also completely feasible. Because according to calculations by departments and branches, the City's outstanding loans as of December 31, 2023 are VND26,729 billion. Therefore, in case the bond bonds of the local government according to the project plan is VND 160,000 billion and the expected conditions for the state budget revenue rate to achieve the city's Grdp growth growth target in the period of 2026 - 2030 (an average of about 9.5 - 10%/year), the total loan balance of the city is still not exceeding 120% of the decentralization of the decentralization of the decentralization of the decentralization in the decentralization of the resolution No. 98/QH15/VND
Therefore, to ensure the completion of 183 km of urban railway by 2035, the Department of Transport has developed a detailed schedule for each phase. In particular, in the 2025-2027 phase, the project preparation work must be completed; in 2027-2028, the compensation, support, resettlement and site handover for construction must be completed; construction must start in 2027, no later than 2028; and 183 km must be completed by 2035.
To increase the feasibility of mobilizing domestic bond capital, the Department of Transport recommends that the City People's Committee direct departments and branches to conduct market surveys, research and apply attractive enough interest rates, and diversify bond issuance forms.
Da Nang opened the peak of Hoa Lien - Tuy Loan highway
Da Nang City has just boarded the Plan on the implementation and implementation of the peak emulation "500 days and nights of emulation to complete 3,000 km of highway roads" in the city, according to the Prime Minister's Decision No.1008/QD-TTg of September 19, 2024.
The plan is discussed to create a vibrant emulation atmosphere, promote the strength of both the political system and the people, focusing all resources to the end of 2025 to complete the highway passing through Da Nang city.
Da Nang city focuses on two main contents.
Emulation performed well the propaganda, mobilization, creating consensus in society for all classes of people to support and share responsibilities with the State, actively participate in site clearance to make Hoa Lien - Tuy Loan highway.
Emulation of creative labor, coordinating with the investor to complete the work on schedule that the investor requires site clearance at the locations of gloves, relocating technical infrastructure items, completing procedures to build resettlement areas, completing ground clearance and handing over the entire ground for the project.
The plan of Da Nang City also sets out specific emulation criteria. In which Hoa Vang district and localities where the project goes through should be proactive and creative in solving difficulties and difficulties.
Propagating and mobilizing people where the project goes through the project, supporting the project.
At the same time, drastically deploying the clearance work, completed before the site clearance schedule assigned by the Prime Minister; promptly handed over the ground to the investor on schedule.
Da Nang City also assigned the Department of Natural Resources and Environment to proactively remove difficulties and legal problems for site clearance, actively support Hoa Vang district in the implementation of compensation and clearance, ensuring the city to hand over the site to the construction unit in accordance with the prescribed time.
Da Nang City will award certificates of merit to collectives and individuals with outstanding achievements in site clearance, technical infrastructure relocation, site handover to investors ...
The Hoa Lien - Tuy Loan highway project is 11.5km long through H. Hoa Vang area, started in September 2023. Phase 1, the project is invested with 4 lanes of complete car, 22m wide road width, 14m road surface, design speed of 80km/h;
The total investment of Hoa Lien - Tuy Loan highway project is more than VND 2,100 billion, expected to be completed and put into operation at the end of 2025.
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