Submit to the National Assembly two “super projects” around the capital and Ho Chi Minh City
2 super ring road projects worth 161,191 billion VND
Presenting the report on investment policy of the Ring Road 4 project in the Hanoi Capital region and the Ring Road 3 project in Ho Chi Minh City, Minister of Planning and Investment Nguyen Chi Dung said that the investment completion of these two projects will contribute to improving the competitiveness of the economy; increasing traffic connectivity between provinces in the region, in line with the national traffic planning; helping to expand the development space, stretch the population density in the inner city; reduce pressure on inner city traffic and existing roads.
Regarding the scope of investment, the Ring Road 4 – Hanoi Capital Region project has a total length of about 112.8 km (including 103.1 km of the Ring 4 road and 9.7 km of the route connecting the Noi Bai – Ha Noi expressway. Long) through Hanoi city (58.2km long); Hung Yen (19.3km long); Bac Ninh (25.6km long and 9.7km connecting route).
Ring Road 3 – Ho Chi Minh City project has a total length of 76.34km (including Ho Chi Minh City 47.51km; Dong Nai 11.26km; Binh Duong 10.76km; Long An 6.81km); ).
On the morning of June 6, on behalf of the Government, Minister of Planning and Investment Nguyen Chi Dung submitted to the National Assembly the investment policy of Ring 4 road project – Hanoi Capital region and Ring road 3 city project. Ho Chi Minh.
In terms of scale and technical standards: Ground clearance of roads according to the planned scale (6-8 expressway lanes) and parallel urban road system on both sides. Particularly for Ring Road 4, the reserve site is cleared for the ring railway.
Ring Road 4 – Hanoi Capital Region project in the form of public investment combined with PPP investment is divided into 7 component projects; separate the site clearance and parallel road construction to be deployed independently according to the administrative boundaries between localities, implemented in the form of public investment; only component 3 project (investment by PPP method): a system of highways for the whole route and 9.7 km connecting route by the Hanoi People’s Committee as the competent authority.
The Ring Road 3 project in Ho Chi Minh City in the form of public investment is divided into 8 component projects; separate the site clearance and construction parts to be deployed independently according to the administrative boundaries between localities.
For the Ring Road 4 project – Hanoi Capital Region, the preliminary total investment in the investment divergence phase (phase 1) is about VND 85,813 billion, using state budget capital and BOT capital of the investor. investment to implement the project investment. Including: state budget 28,173 billion VND; local budget 28,193 billion dong; BOT capital 29,447 billion VND.
For the Ring Road 3 – Ho Chi Minh City project, the preliminary total investment in the investment divergence phase (phase 1) is about 75,378 billion VND, using state budget capital to carry out the investment. project. Including: the central budget 38,741 billion VND; local budget 36,637 billion VND. It is expected that the implementation period of these two projects is from 2022-2027.
As important national projects, in order to ensure the investment progress and facilitate the implementation process, the Government proposes to apply a group of special mechanisms and policies to implement project investment. .
Regarding the mechanisms applicable to both projects, for the investment capital that allows the adjustment of the Medium-term Public Investment Plan (period 2021-2025), which has been arranged for the Ministry of Transport to the localities. to follow the corresponding allocation plan of projects; Allowing the use of capital from the central budget and the local budget to invest in component projects; It is allowed to increase the total medium-term capital in the medium-term public investment plan for the 2021-2025 period from capital sources expected to increase revenue of localities.
It is permissible to assign the National Assembly Standing Committee to consider and decide to adjust the investment policy of the project in necessary and urgent cases during the period between sessions of the National Assembly.
Regarding the contractor appointment mechanism, allowing the Prime Minister to consider and decide on the appointment of contractors during project implementation for consulting bidding packages and bidding packages for technical infrastructure relocation. , bidding packages for compensation, site clearance and resettlement and applied in 2 years (2022-2023).
Regarding the specific mechanism for the Ring Road 4 Project – Hanoi Capital Region, the Project is divided into 7 component projects and is invested and organized by the localities. The order and procedures for implementing component projects are similar to those of group A projects in accordance with the law on public investment. Assign the Hanoi People’s Committee to be responsible for being the focal agency to organize the implementation of the project to ensure the overall and synchronous integrity of the whole project. Particularly for component project 3: investing in a system of highways for the whole route and connecting 9.7km along the Noi Bai – Ha Long expressway, implemented by the PPP method (kind of BOT contract) approved by the People’s Committee of Ha Noi City. The Cabinet as a competent agency may apply the form of open domestic bidding to select investors, excluding site clearance costs in the total investment of component 3 projects.
As for the Ring Road 3 project – Ho Chi Minh City, after the project is completed and put into use, toll collection will be organized to recover the project investment capital for the central and local budgets. corresponding to the division of investment capital contribution. In line with the strategy and plan for socio-economic development
Concretize the “focal point” responsibility of Hanoi and Ho Chi Minh City
Verification of the two projects, Chairman of the Economic Committee of the National Assembly Vu Hong Thanh said that some opinions believe that the Government’s proposal to invest in two projects according to the scale of the road surface divergence of 17m and 19.75m is not enough. In line with Vietnamese standards for highways, at the same time, investment of this scale will not have an emergency stop lane, but only an emergency stop, which is difficult to ensure traffic safety and easy. Congestion occurs, reducing investment efficiency… In addition, it is necessary to review and reduce the maximum number of intersections on the whole route… to ensure operational efficiency, traffic safety and overall optimization. investment level of 2 projects.
“The government has made reports on the reception and explanation of the above comments. The National Assembly’s Economic Committee suggested that during the feasibility study step, the Government should direct relevant agencies to continue reviewing and correcting the design options of the two projects in order to determine the optimal plan. Mr. Thanh said.
Chairman of the Economic Committee of the National Assembly Vu Hong Thanh
Regarding the proposal of mechanisms and policies to implement investment projects, the Economic Committee’s verification report recommends that it is necessary to specify the “focal point” responsibilities of Hanoi and Ho Chi Minh City in the draft Resolution. of projects when the current legal regulations do not have provisions on the concept as well as specific responsibilities and powers for this role.
At the same time, because component projects will be assigned to localities to implement, it may lead to different organization of each agency, failure to ensure uniformity and consistency, and may lead to an increase in total cost. investment level of projects.
Therefore, the Economic Committee proposed to assign a competent and experienced agency to carry out the appraisal for component projects of the two projects.
Regarding the mechanism and policies of the Belt 4 project, including allowing the state capital to participate up to 66% of the total investment, the Economic Committee said that the project has a preliminary total investment. very big. Therefore, if applying according to Clause 2, Article 69 of the Law on Investment under the PPP method, the financial plan will not be feasible and it will be difficult to attract investors to invest in the Project. Therefore, the majority of opinions agree with this proposal.
Regarding the mechanism and policies of the Ho Chi Minh City Ring 3 project, the Economic Committee agreed with the policy that the project, after being completed and put into use, should collect fees to recover the investment capital for the project. central and local budgets.
However, the Economic Committee suggested that the Government in the feasibility study step need to accurately determine the percentage of capital contribution to the central budget and the local budget for the expressway section to serve as a basis for formulating the revenue plan. return investment return budget.
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