The Prime Minister asked the Ministries to give their opinions on removing obstacles to the 10,000 billion VND flood prevention project in Ho Chi Minh City.

The Prime Minister asked the Ministries to give their opinions on removing obstacles to the 10,000 billion VND flood prevention project in Ho Chi Minh City.

The Prime Minister requested ministries and agencies to give their opinions on the plan to remove obstacles to the project to solve flooding caused by tides in Ho Chi Minh City, taking into account climate change factors (phase 1).

On October 2, the Government Office issued Official Letter No. 7083/VPCP-NN to 7 Ministries and 3 agencies requesting urgent comments on the Report of the Ho Chi Minh City People's Committee on the plan to remove obstacles in the Project to solve tidal flooding in Ho Chi Minh City area taking into account climate change factors (phase 1).

Muong Chuoi Canal, a part of the Project to solve flooding caused by high tides in Ho Chi Minh City area taking into account climate change factors (phase 1) - Photo: TN

After receiving the report from the Ho Chi Minh City People's Committee, Prime Minister Pham Minh Chinh requested the Ministries and agencies to promptly provide specific written opinions on solutions to the Project and the legal basis and authority to resolve the problems raised by the Ho Chi Minh City People's Committee.

The Government Office requests that the Ministries send their comments before 5:00 p.m. on October 3, 2024 for synthesis and reporting to the Prime Minister before October 5, 2024.

At the end of September 2024, the Ho Chi Minh City People's Committee proposed a solution to allow the City to adjust the Project because the total investment of the project has changed, the project implementation period has expired, and there are some shortcomings in the contract signing and implementation.

The City also proposed adjusting the Project completion deadline as a basis for signing the BT Contract Appendix to change the payment plan.

After signing the contract appendix, the City can pay the investor with land fund to have capital to construct the remaining part of the project.

The project to solve tidal flooding in Ho Chi Minh City, phase I (total investment of nearly 10,000 billion VND), started in mid-2016 and is expected to be completed in 2018.

According to the report of the investor Trung Nam Group, up to now, the entire Project has completed more than 90% of the work volume but has been temporarily suspended from November 15, 2020 until now.

According to the investor's report, due to the extension of the implementation period, the Project incurred interest expenses and other costs, leading to the total investment of the Project increasing from VND 9,976 billion to VND 14,398 billion.

Source: https://baodautu.vn/thu-tuong-yeu-cau-cac-bo-neu-y-kien-go-vuong-du-an-chong-ngap-10000-ty-dong-tai-tphcm-d226446.html