Separating the State capital portion at Ring Road 4 into independent sub-projects
Specifically, the Hanoi People's Committee proposed that the Prime Minister report and submit to the National Assembly for permission to implement the Public Investment Sub-project for the State budget capital portion in Component Project 3 as a normal public investment project and be implemented independently, in parallel and not depending on the progress and results of selecting investors to implement the remaining part of Component Project 3.
Perspective of Ring Road 4 construction - Capital Region.
These items include the bridges: Hong Ha, Me So, Hoai Thuong and the sections: from before the National Highway 6 intersection to the end of the Hanoi - Hai Phong expressway intersection, a 9.7km connecting section in Bac Ninh province.
At the same time, allow the Hanoi People's Committee to assign its affiliated agencies to act as investors to implement public investment sub-projects in accordance with the law on public investment.
In case an investor participates in implementing Component Project 3, the State will use public assets, which are this public investment sub-project, to support the investor in collecting tolls on the entire Ring Road 4 expressway.
The Hanoi People's Committee also proposed a solution for cases where the total investment of component projects changes compared to the preliminary total investment of the approved component project but does not exceed the preliminary total investment of the entire project for which the investment policy has been decided.
Specifically, in case the total investment of the component project decreases, the central budget support portion will remain the same as in Resolution 56 on the investment policy of the Ring Road 4 Construction Investment Project - Hanoi Capital Region.
In case of increasing the total amount of component projects, localities will balance it themselves with local budget capital.
Hanoi People's Committee recommends that competent authorities assign Hanoi People's Committee as the focal agency to review, harmonize, balance, and agree with Hung Yen Provincial People's Committee and Bac Ninh Provincial People's Committee on the adjusted figures for increasing or decreasing the total investment of component projects; localities shall exercise the authority of the investment decision maker to approve the adjustment of component projects.
Land acquisition and construction of parallel roads basically meet schedule
It is known that the current progress of implementing Component Project 1.1 (compensation, support, site clearance) and Component Project 2.1 (construction of parallel roads) basically meets the requirements.
However, the biggest difficulty now is implementing Component Project 3: Investing in the construction of expressways under the PPP method to ensure progress and disbursement of the central capital allocated for the project in 2024 of VND 4,190 billion.
According to the plan, in October 2024, Component Project 3 will approve the issuance of bidding documents; in December 2024, bid opening will be organized (at least 60 days for investors to prepare bidding documents); in January 2025, the following tasks will be completed: technical evaluation, commercial financial evaluation, appraisal, approval of investor selection results; in February 2025, investors will establish a project enterprise and negotiate and sign a BOT contract.
Next, to implement the public investment sub-project according to the law on public investment, the investor needs to carry out the following tasks: complete and approve the design after the basic design; make a plan to select a contractor, submit it to the competent authority for approval and organize the selection of a construction contractor according to the Law on Bidding to start the project, this time requires at least 3 - 6 months.
According to the above progress, at the earliest, in the third quarter of 2025, there will be enough basis to advance and pay the State budget capital to investors.
In addition, if the investor selection time is prolonged due to force majeure factors such as: no investors participating in the bidding, need to extend the bidding period, the above difficulties are not resolved promptly... then the disbursement of public investment capital will be difficult.
At the same time, the parallel road component projects (Component Project Group 2) are currently being accelerated to ensure completion by the end of 2025 as directed by the Prime Minister.
Thus, after the parallel road system is expected to be completed in 2025, it is still not possible to connect the entire route because major bridges such as Hong Ha Bridge, Me So Bridge (over the Red River), Hoai Thuong Bridge (over the Duong River) belonging to the public investment sub-project in Component Project 3 have not been completed, reducing investment efficiency.
From here, the Hanoi People's Committee said that, with the implementation status and difficulties mentioned above, the implementation of the Public Investment Sub-project in Component Project 3 as a normal public investment project, because it is implemented independently, not depending on the progress and results of investor selection, will resolve difficulties and obstacles and speed up the implementation progress and disbursement of State budget capital.
In case the investor is selected to implement the remaining part of Component Project 3, the State will use public assets as the Public Investment Sub-project to support the Investor in collecting tolls on the entire Ring Road 4 expressway.
In case the Investor has not been selected, after the completion of the public investment sub-project, the connection of the entire parallel road system will be ensured, the State can implement toll collection for the expressway invested in and built with State budget capital.
The Ring Road 4 Project - Hanoi Capital Region has a total length of 112.8km (including 103.1km of Ring Road 4 and 9.7km of the connecting route towards Noi Bai - Ha Long Expressway). The starting point of Ring Road 4 connects Hanoi - Lao Cai Expressway, the end point connects Noi Bai - Ha Long Expressway. The project passes through Hanoi (58.2km long), Hung Yen (19.3km long), Bac Ninh (25.6km long) and the connecting route (9.7km long).
The completed cross-section is 90 - 135m wide. The cross-section scale of Ring Road 4 includes 6 expressway lanes.
The route connects the planned Noi Bai - Ha Long Expressway to the Hanoi - Bac Giang Expressway to complete the 4-lane Ring Road 4. The total investment for the project is VND 85,813 billion. The project is under construction and is expected to be basically completed in 2026 and put into operation from 2027.
Source: https://www.baogiaothong.vn/ha-noi-de-xuat-tach-phan-von-nha-nuoc-tai-du-an-vanh-dai-4-192241001183054703.htm
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