Construction material prices spiked, halting some projects
In the process of completing procedures to decide on investment projects, some investors and project management boards (PMUs) reflected that the price of fuel and construction materials has increased dramatically recently, leading to the total investment submitted for approval exceeds the total investment in the investment policy decision and does not satisfy the conditions for the project investment decision.
Therefore, the Ministry of Transport has sent a written request to the investors and the PMU to review and update the total investment of the investment project according to the current price.
In case the total investment in the investment project exceeds the total investment approved in the decision on investment policy:
Units propose handling solutions in the following direction:
– Suspend investment policy in projects that are not too urgent to focus capital for implementing urgent and key projects.
– Simultaneously, diverge and adjust the scope and scale of the project or integrate it with the local budget capital, ensuring that the central budget’s capital in the total investment in the investment project does not exceed the capital invested by the project. Central budget in the total investment in the decision on investment policy
– For projects that have not been decided on a policy, the Ministry of Transport requires a preliminary review and update of the total investment in the investment policy step at the current price.
In case the capital need to be arranged for implementation in the period 2021-2025 is greater than the capital amount expected to be allocated in the medium-term plan of the project:
– Units review proposals on project scope and scale, propose plans for investment divergence or integration with local budget capital when submitting investment policies to ensure the need for bank capital. Central Government policy to implement the project in a period not exceeding the amount of capital planned to be allocated in the medium-term plan for the period of 2021-2025
Previously, in the medium-term public investment plan for the 2021-2025 period, the Ministry of Transport had planned to allocate capital to start 64 new projects, including: 4 key national projects, 9 group A projects and 51 projects. Group B and C projects.
Up to now, 48 projects have been authorized to decide on investment policies, including: 1 national important project (North-South expressway in the 2021-2025 period), 2 group A projects (Rach Mieu 2 bridge) and My An-Cao Lanh Expressway) and 45 projects of groups B and C.
In which, 5 new projects have been decided to invest, including: Rach Mieu 2 Bridge, Highway 32C Phu Tho project, National Highway 7 Nghe An project, National Highway 12A Quang Binh project, and a new project to build a search and rescue ship operating far away. edge.
at Blogtuan.info – Source: Soha.vn – Read the original article here
