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BOT exists 2 numbers: Minister of Transport said “Audit data is not true to its nature”

Responding to the debate of delegate Le Minh Nam regarding the audit results of BOT projects, Minister Nguyen Van The said “this issue must be studied carefully”.

The Minister of Transport said: “The audited data is not of the correct nature”

Debating the audit results of a number of BOT projects that did not guarantee the financial plan, leading to being forced to handle it by a separate mechanism, delegate Le Minh Nam – Delegation of the National Assembly of Hau Giang province cited evidence and audit results. During the 2016-2020 period, it was shown that, auditing 83 BOT and BT projects, the State Audit has proposed to reduce the fee collection time compared to the original plan for projects of 302 years.

Delegates said that there are difficulties in the process of monitoring BOT projects, in fact, there are difficulties in monitoring the implementation process of BOT projects to ensure effective implementation of projects. , effective and achieve the set goals.

Therefore, delegate Le Minh Nam asked the Minister to clarify this situation more fully and comprehensively, and at the same time share with voters about the solutions being implemented by the Ministry. to fix this problem.

BOT exists 2 numbers: Transport Minister said

Delegate Le Minh Nam – Delegation of the National Assembly of Hau Giang province

Responding to the debate of delegate Le Minh Nam regarding the audit results of BOT projects, Minister Nguyen Van The said “this issue must be studied carefully”.

According to Mr. The, BOT projects without the Law on Public Investment, according to the Government’s Decree, the project bidding is when the investment project is approved, not the approved technical design, not the cost estimate. approved.

Meanwhile, investment projects have a reserve for volume, provision for price slippage and many other types of provisions. Because, the decree stipulates that the contract is a principle contract and signed according to the approved project.

In the contract, there is a provision that after the project is completed, based on the final settlement results of the project, the Ministry of Transport and the investor will adjust the toll collection time according to the actual data that the project has been developed. declare.

Therefore, there are two numbers, the audit figure stated, the Minister reported that this data is correct, but not true, because it is only correct according to the principle contract, when there is no design document, not yet deployed. declared, not supervised, not adjusted the contract.

The second number, according to Mr. The, each BOT project, after completion, is audited, finalized and signed a contract to adjust the toll collection time.

“So the audit data and the data we signed are not different, just different from the contract in principle. But if the Ministry of Transport signed such a contract, surely our brothers and sisters in the Ministry would not be able to sit here. This cannot be done wrong”, Mr. The analyzed and asked delegates to check the information.

BOT exists 2 numbers: Transport Minister said

Minister of Transport Nguyen Van The. (Photo: QH)

Why are investors not interested in BOT?

Also related to BOT, delegate Nguyen Van Than, Chairman of the Association of Small and Medium Enterprises asked, why are investors currently not interested in BOT projects, especially in the field of roads and bridges?

Delegates also asked the Minister of Transport to clarify how much of the completion of national key projects by 12/2025 would be considered “basically completed”?

Minister Nguyen Van The once again reiterated the difference between the previous BOT project when implemented under Decree 108 and the present (BOT project in the form of PPP). Current PPP projects are on parallel roads and expressways. As for the BOT, which was previously implemented on the existing road, according to Decree 108, there are some problems and urgent investors.

In fact, most of the investors and banks are worried about bad debts and revenue loss. “We need to completely solve problems, including the interests of investors and banks. this issue,” said Minister The.

Creating a report to send to the National Assembly of the Ministry of Transport, according to the review results, out of a total of 70 BOT projects, so far, 54 projects are collecting tolls for payback, the remaining projects have not yet been charged or are in progress. Stop collecting fees for settlement and contract liquidation.

Of the total 54 projects that are collecting fees, 41/54 projects have revenue lower than the expected revenue in the project contract, of which 19 projects have a revenue of less than 70%, especially 3 projects. projects with revenue of less than 30% of the financial plan, disrupting the financial plan, including: BOT project to build Thai Ha bridge connecting the two provinces of Thai Binh and Ha Nam; BOT project to upgrade and expand Ho Chi Minh road, section Km1738+148 – Km1763+610, Dak Lak province; Binh Loi railway bridge construction project.

For revenue problems, the Ministry of Transport increased the BOT fee under the contract. Currently, the Ministry of Transport is directing agencies to review and evaluate the specific conditions of each BOT project and propose an appropriate fee increase roadmap, both to remove difficulties for BOT businesses but not to have much impact on costs. freight charges and the State’s economic regulation policy. On that basis, the Ministry will decide according to its competence and soon implement it.

Particularly for 3 BOT projects, the financial plan is broken (including 02 projects with too low revenue, which are the Thai Ha bridge construction investment BOT project, the BOT project to upgrade and expand Ho Chi Minh road in Dak province, Dak province). Lak) and 01 project could not deploy toll collection (Binh Loi railway bridge construction project). The Ministry of Transport proposes the competent authority to allow the use of state capital to pay investment costs to terminate the contract ahead of time.

In addition, there are currently 3 other BOT projects with potential risks of breaking the financial plan and needing support from the state.

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