The Hanoi People's Committee Office has just issued a document urging the city inspectorate to urgently implement the government's direction on reviewing and inspecting the investment project to build the new urban area of Dai Kim - Dinh Cong expansion.
This is a BT counterpart project, part of the counterpart project for the investment project to build Ring Road 2.5 (Dam Hong section - National Highway 1A), Hoang Mai district.
The 2.5 beltway section from Dam Hong to Giai Phong is only 2.1km long but the site clearance has not been completed since 2002 (Photo: Toan Vu).
Previously, in August 2023, Vice Chairman of Hanoi Duong Duc Tuan said that the investment progress of the above project was very slow, there were many complicated petitions related to the project implementation that needed to be thoroughly considered and resolved.
Therefore, Mr. Tuan assigned the Hanoi City Inspectorate to handle petitions, complaints and denunciations related to investors and the investment counterpart project to build the new urban area Dai Kim - Dinh Cong.
Hanoi leaders also requested relevant parties to coordinate with the Department of Planning and Investment to inspect and review the entire project investment process and procedures.
Approved for planning since 2002, the Ring Road 2.5 section from Dam Hong to National Highway 1A (Hanoi) is only 2.1km long but has not been completed yet, due to site clearance at some houses on the L3 bridge section across the Lu River.
Ring Road 2.5 is designed to be 40m wide, with two roadways with 4 lanes 22m wide, and sidewalks 7.5m wide.
The project is divided into 3 phases: Land clearance and opening of Vinh Tuy - Tan Mai - Kim Dong - Dinh Cong new urban area; expanding the road from Hoang Dao Thuy to Tay Ho Tay urban area; opening the road from Hoang Dao Thuy to Dinh Cong new urban area.
The section from Dam Hong - National Highway 1A was implemented by a joint venture between Hanoi Housing and Urban Development Joint Stock Company and Hoang Ha Construction Company Limited, from January 2014 to June 2018, but has not been completed yet.
The project was proposed to pay for land with a value difference of dozens of times and the enterprise raised capital even though the land had not been allocated...
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