Deputy Prime Minister Tran Hong Ha signed Decision No. 603/QD-TTg dated March 14, 2025 to establish the State Appraisal Council to appraise the adjustment of the investment policy for the Bien Hoa - Vung Tau Expressway Construction Investment Project (Phase 1).
Establishment of the Appraisal Council to adjust the Bien Hoa - Vung Tau Expressway Construction Project
Deputy Prime Minister Tran Hong Ha signed Decision No. 603/QD-TTg dated March 14, 2025 to establish the State Appraisal Council to appraise the adjustment of the investment policy for the Bien Hoa - Vung Tau Expressway Construction Investment Project (Phase 1).
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The Chairman of the Council is the Minister of Finance. The Vice Chairman of the Council is the Deputy Minister of Finance.
Council members include leaders of the Ministries of Construction, Agriculture and Environment, National Defense, Public Security, Justice, Industry and Trade and leaders of the People's Committees of the provinces of Dong Nai and Ba Ria - Vung Tau.
The Decision clearly states the responsibilities and powers of the Council, the Chairman of the Council, the Vice Chairman of the Council, the members of the Council, and the standing body of the Council, which are implemented in accordance with the provisions of Decree No. 29/2021/ND-CP dated March 26, 2021 of the Government stipulating the order and procedures for appraising important national projects and monitoring and evaluating investment.
The Council is responsible for completing the Appraisal Report according to regulations, clearly affirming that the Project is eligible for Government approval, and submitting it to the National Assembly for decision on adjusting the investment policy.
The Council is allowed to use the seal and account (if necessary) of the Ministry of Finance to serve the Council's operations.
The Ministry of Construction is responsible for providing complete documents related to the appraisal process of adjusting the Project's investment policy.
The Council will dissolve itself after the competent authority decides to adjust the Project investment policy.
Previously, the Ministry of Construction submitted a document to the Government requesting consideration of adjusting the investment policy for the Bien Hoa - Vung Tau Expressway Construction Investment Project (phase 1).
The Bien Hoa - Vung Tau Expressway construction investment project (phase 1) must be adjusted because during the implementation process, a number of factors arose that increased the total investment of the approved component projects, leading to a preliminary increase in the total project investment approved by the National Assembly.
Specifically, the Ministry of Construction proposed adding a different level intersection connecting with My Xuan - Ngai Giao road (provincial road 991) to strengthen the connection between Cai Mep - Thi Vai port area and Long Thanh International Airport, increasing the cost by about VND 1,627 billion.
In addition, the cost of compensation, support and resettlement of the Bien Hoa - Vung Tau Expressway Construction Investment Project, after being reviewed and summarized during the project implementation, is expected to be VND 9,856 billion (including the addition of a different level intersection connecting to My Xuan - Ngai Giao road of about VND 813 billion), an increase of VND 3,227 billion. This cost increase is mainly due to the counting and re-examination of the volume and area structure of affected land types; re-examination of the volume and cost of technical infrastructure relocation; and fluctuations in compensation unit prices in Dong Nai and Ba Ria - Vung Tau provinces at the time of land acquisition compared to the plan.
The third increase is the cost of construction and equipment. This cost is calculated to be updated at VND9,835 billion, an increase of VND1,528 billion (including the cost of additional construction of the different-level intersection connecting with My Xuan - Ngai Giao road of about VND631 billion).
The additional cost is due to reviewing, updating, and optimizing design solutions for soft soil treatment, bridge design, etc. to suit actual conditions, stability, and safety in exploitation; fluctuations in unit prices of materials, labor, and construction machinery at the time of preparation and approval of technical design documents and construction estimates for the project in 2023 compared to the time of preparation of the previous investment policy; and addition of vehicle weighing stations at 3 component projects.
For the above reasons, the preliminary total investment of the Bien Hoa - Vung Tau Expressway Construction Investment Project (Phase 1) after review and update is estimated at 22,093 billion VND, an increase of 4,256 billion VND compared to the preliminary total investment approved by the National Assembly.
According to the provisions of the Investment Law, due to the preliminary change in the total investment of the approved project, it is necessary to adjust the project investment policy as a basis for implementing the following work.
Source: https://baodautu.vn/thanh-lap-hoi-dong-tham-dinh-dieu-chinh-du-an-xay-dung-cao-toc-bien-hoa---vung-tau-d253929.html
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