Where will the project of Ring 4 Hanoi and Ring Road 3 in Ho Chi Minh City get capital?
Proposing investment policy for road project belt 4 Hanoi capital, Ho Chi Minh City 3rd Ring Road Project
On the morning of June 6, the National Assembly discussed at the group on investment policy of Ring Road 4 project in Hanoi capital, Ring road 3 project in Ho Chi Minh City; expressway construction projects Chau Doc – Can Tho – Soc Trang (phase 1), Khanh Hoa – Buon Ma Thuot (phase 1), Bien Hoa – Vung Tau (phase 1).
Accordingly, Minister of Planning and Investment Nguyen Chi Dung presented the investment policy proposal for Ring Road 4 project – Hanoi Capital Region and Ring Road 3 in Ho Chi Minh City. These two projects have the role of linking the region, promoting the development of urbanization, and having great significance for socio-economic development. However, due to many reasons, especially limited resources, the 2011-2020 period has not been implemented.
The implementation of the project aimed at building an inter-regional belt road in the key economic regions of Hanoi Capital Region and Ho Chi Minh City region will be basically completed in the 2021-2025 period.
At the same time, create a synchronous and continuous way to improve connectivity, shorten transportation distances, and facilitate traffic connections with provinces and cities in the region; reduce the load on the radial traffic system of Hanoi and Ho Chi Minh City; promote investment efficiency for ongoing projects; create new development space, exploit the potential of land use; contribute to regulating the population for the inner city and use land effectively, creating resources for investment and development.
The project also aims to create new development space, exploit the potential of land use, contribute to regulating the population for the inner city and use land effectively, creating resources for investment and development.
According to Minister of Planning and Investment Nguyen Chi Dung, the Ring Road 4 project in the Hanoi Capital region has a total length of about 112.8 km (including 103.1 km of the Ring 4 road and 9.7 km of the connecting route). in the direction of Noi Bai-Ha Long Expressway) through Hanoi (58.2 km long), Hung Yen (19.3 km long), Bac Ninh (25.6 km long and 9.7 km connecting route).
The Ring Road 3 project in Ho Chi Minh City has a total length of 76.34 km (including: HCMC 47.51 km, Dong Nai 11.26 km, Binh Duong 10.76 km, Long An 6.81 km). Estimated cost for site clearance and resettlement is about 41,589 billion VND.
The Ring Road 4 project in Hanoi capital has a public investment form combined with PPP investment method, divided into 7 projects into separate parts for site clearance and road construction.
The Ring Road 3 project in Ho Chi Minh City has a public investment form, is divided into 8 component projects, separate the site clearance part and the construction part, which is deployed independently according to the administrative boundaries between localities.
Determine the source of funds for the project
Presenting the verification report afterwards, Chairman of the Economic Committee of the National Assembly Vu Hong Thanh said that the Economic Committee agreed with the Government on the need to invest in these two projects.
According to the Economic Committee, the projects are basically formulated in accordance with the Socio-Economic Development Strategy and Plan approved by the 13th National Party Congress; Road network planning for the period 2021 – 2030, with a vision to 2050, in line with the planning of relevant sectors and localities and the implementation plan of the road network planning period 2021 – 2030, with a vision to 2050.
Regarding capital sources, the Economic Committee said that the Government’s projection of central budget resources in the medium-term public investment plan has been allocated to the Ministry of Transport and the unallocated budget in the investment plan. medium-term public investment in the 2021-2025 period in order to basically complete these two projects is in line with the objectives and orientation of the medium-term public investment plan for the 2021-2025 period.
Regarding the local budget, the Chairman of the Economic Committee said that so far, the local People’s Councils have issued resolutions committing to allocate capital for these two projects.
However, in order to ensure the progress and quality of the projects, it is suggested that the localities commit themselves to being responsible to the Government, the Government is responsible to the National Assembly for allocating local budget sources for the two projects. judgment.
Regarding allowing the transfer of capital in the medium-term public investment plan for the 2021-2025 period that has been arranged for the Ministry of Transport to localities, the Economic Committee found that the decentralization of investment in 2 projects for localities implementation is basically in line with the actual situation, thus agreeing with the Government’s proposal.
With the Belt 4 – Hanoi Capital Area Project, the majority of opinions of the Economic Committee also agreed with the proposal to allow the state capital to participate up to 66% of the total project investment; basically agreed with the proposal to allow the investment in the expressway system of the whole route (component project 3) and the 9.7km connecting route running along the Noi Bai – Ha Long highway, implemented by the PPP method (type of project). BOT contract) is authorized by the Hanoi People’s Committee and applies the form of open domestic bidding to select investors, excluding site clearance costs in the total investment. component project 3.
Regarding the mechanism and policies of the Ho Chi Minh City Belt 3 Project, the Economic Committee agreed with the policy that the project, after being completed and put into use, should collect fees to recover investment capital. for central and local budgets.
However, it is proposed that the Government in the feasibility study step need to accurately determine the percentage of capital contribution to the central and local budgets for the expressway section to serve as a basis for formulating a plan to recover investment capital. budget reimbursement.
Discussing at the group, Secretary of the Hanoi Party Committee Dinh Tien Dung also expressed high agreement with the Government’s report and the inspection report of the National Assembly’s Economic Committee on the 4th Ring Road Project in the Capital Region. Hanoi and the 3rd Ring Road Project in Ho Chi Minh City.
In particular, Mr. Dung said that the 4th Ring Road project has the role of linking the region, promoting the development of urbanization, and having great significance for the socio-economic development that was expected to be invested in construction. built in the period 2011-2020.
at Blogtuan.info – Source: Soha.vn – Read the original article here
