Resolution 98 stipulates that Ho Chi Minh City should attract strategic investors, but investors must commit to disbursing the entire investment capital within 5 years. This is very difficult for large projects such as the Can Gio international transit port.
Mr. Pham Tuan Anh - Head of Planning and Synthesis Department, Ho Chi Minh City Department of Planning and Investment - Photo: CHAU TUAN
On the afternoon of November 7, at the socio-economic press conference, Mr. Pham Tuan Anh - Head of the Planning and Synthesis Department, Ho Chi Minh City Department of Planning and Investment - informed about the results of implementing Resolution 98 after more than a year.
Accordingly, Resolution 98 has proposed 44 specific mechanisms, of which 29 have been applied and 20 have achieved initial results, 9 are in the process of implementation.
In the process of implementing these mechanisms, the city has achieved many positive results such as proposing locations for TOD projects, promoting PPP projects in the fields of health and education. In addition, Ho Chi Minh City has a mechanism to implement BOT projects on existing roads, and implementing the Ho Chi Minh City - Moc Bai expressway.
Thanks to Resolution 98, Ho Chi Minh City has resolved a series of obstacles in the city's investment projects, including public investment projects, PPP investment projects and private investment projects.
However, Mr. Anh said that after more than a year of implementation, Ho Chi Minh City has also identified problems.
Mr. Anh cited Resolution 98, which has provisions on attracting strategic investors to be selected through a simplified process or to enjoy some better incentives than the general regulations of the whole country. However, to be identified as a strategic investor, the investor must have a commitment to disburse the entire total investment capital within 5 years.
"For normal investment projects, disbursement is possible, but for large projects like Can Gio international port, it is very difficult. In addition to implementing the project, it takes time to transfer goods according to the design capacity," said Mr. Anh.
Therefore, when the Ministry of Planning and Investment appraised this project, it reported to the Prime Minister that this problem was encountered, making it very difficult to disburse all capital within 5 years, reducing the feasibility of the project. Therefore, the Ministry has proposed to study and propose to amend this regulation.
In the upcoming session, the City People's Committee will propose to the National Assembly to amend this regulation to suit reality, so that the City can quickly implement the Can Gio international transit port project.
In addition, Resolution 98 allows the implementation of PPP projects in Thu Duc City, however, the detailed procedures for the specialized agencies of Thu Duc City to implement are still unclear. The City People's Committee proposed that the National Assembly amend and supplement this content and recommended that the Government clarify it further.
There are no specific guidelines for sharing budgets for inter-regional projects.
Another problem raised by Mr. Anh is the use of the city budget to implement inter-regional projects. The city and localities are promoting inter-regional projects such as belt roads 3 and 4, and highways from Ho Chi Minh City to the regions.
Resolution 98 allows Ho Chi Minh City or other localities to use the budget to support other localities to effectively implement projects. However, there are still difficulties in terms of documents and implementation procedures when there are no specific instructions and clear regulations, causing confusion for localities. This has also been identified when implementing the Ring Road 4 project.
The City People's Committee has proposed that the National Assembly update the Law on Public Investment or amend, supplement, and clarify the provisions of Resolution 98 on this content.
Source: https://tuoitre.vn/vuong-mac-khien-tp-hcm-kho-thu-hut-nha-dau-tu-chien-luoc-cho-cang-can-gio-20241107174733637.htm
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