230 billion project in Quang Nam again requests extension of progress

The 230 billion VND project in Quang Nam again requested to extend the progress.

After many adjustments to the implementation time but still not completed due to land issues, the Management Board of Economic Zones and Industrial Parks of Quang Nam province proposed to extend the 230 billion project until 2025.

The main road project to the expanded Tam Thang Industrial Park with a total investment of 230 billion VND is facing difficulties in site clearance.

The Management Board of Economic Zones and Industrial Parks of Quang Nam province has Document No. 53 sent to the Provincial People's Committee on the arrangement of capital plan and implementation time of the Main Road project to the expanded Tam Thang Industrial Park.

According to the Management Board, the Main Road Project to the expanded Tam Thang Industrial Park has a total investment of 230 billion VND from the Central Budget with targeted support.

The project schedule was approved from 2017-2020 and the implementation time was adjusted to 2024 in Decision No. 1041 dated May 2, 2024. However, to date, the project has no capital to pay compensation costs for the approved plans and implement construction.

The project started on January 22, 2020. However, due to problems and obstacles in site clearance, the project had to extend the construction schedule many times, most recently Decision No. 1041 dated May 2, 2024 adjusting the project schedule for 2020 - 2024.

The project was awarded the construction contract by the joint venture of Thanh Tien Company Limited - Thang Long Corporation - JSC - Construction Joint Stock Company 510.

The Management Board said that the Central Budget capital plan arranged and disbursed to date is 150,869 billion VND. Of which, the capital plan for the period 2021 - 2022 is 30,970 billion VND, the medium-term public investment capital plan of the Central Budget for the period 2021 - 2025 arranged for the project is 86,136 billion VND, 30,971 billion VND has been disbursed, the remaining 55,165 billion VND has been cut and transferred to other projects.

In 2023 and 2024, the project is not eligible for capital allocation as prescribed in Clause 2, Article 52 of the Law on Public Investment. In order to continue allocating capital to implement the project in accordance with the provisions of Clause 2, Article 52 of the Law on Public Investment, the Provincial People's Committee has submitted and reported to the Government a request to extend the allocation period for the project until 2024. However, to date, it has not been approved by the Prime Minister.

The Management Board of Economic Zones and Industrial Parks of the province believes that the investment to complete the project of the main road of the Tam Thang Industrial Park expansion is very necessary, especially the work of compensation for site clearance and payment to the people is very urgent.

However, the procedure for extending capital arrangement has not been approved, there is no source of capital to pay compensation costs for approved plans and implement construction of the remaining route, the project cannot be completed in 2024 as planned.

Therefore, the Management Board proposed that the People's Committee of Quang Nam province agree to adjust the project implementation time to 2025. In addition, the unit also proposed that the province advance the provincial budget an amount of 17 billion VND to pay for compensation plans for site clearance.

In case the project's capital allocation period is not extended and the Central Budget capital plan is not arranged in 2024, the Management Board proposes that the Provincial People's Committee allocate VND 79 billion from the provincial budget to continue investing in the remaining part of the project to complete in 2025.

Source: https://baodautu.vn/du-an-230-ty-dong-o-quang-nam-lai-de-nghi-gia-han-tien-do-d223641.html