350 billion VND to upgrade and repair Ke Go Lake; Mobilize more than 39 billion USD to build 183 km of metro
Ha Tinh invested 350 billion VND to upgrade and repair Ke Go Lake; Ho Chi Minh City prioritized mobilizing more than 39 billion USD to build 183 km of metro... Those are 2 of the notable investment news in the past week.
Proposal for central budget to support 19,403 billion VND for Tran De super port
The People's Committee of Soc Trang province has just sent an official dispatch to the Ministry of Planning and Investment requesting capital support for investment in Tran De port - the gateway port of the Mekong Delta region.
In this dispatch, the People's Committee of Soc Trang province requested the Ministry of Planning and Investment to consider and approve submitting to the Prime Minister to include in the Resolution and Program of the Government on the investment project to build Tran De - Soc Trang port to complete investment procedures in 2025 and implement investment in 2026.
In addition, the People's Committee of Soc Trang province proposed that the central budget invest in the period of 2025 - 2030 to support this locality with a total capital of 19,403 billion VND to invest in building a road behind the port connecting to the Tran De offshore port; invest in building a cross-sea bridge; invest in building a breakwater, a shipping channel and a turning basin.
According to the Master Plan for the development of Vietnam's seaport system for the period 2021 - 2030, with a vision to 2050, Tran De Wharf area has the function of serving local industrial parks, industrial clusters and transporting goods and passengers from shore to island; there are general, container, bulk cargo and passenger ports developed in the direction of socialization in accordance with the needs of socio-economic development and the capacity of investors.
Tran De wharf area has the potential to develop offshore to take on the role of a gateway port in the Mekong Delta, receiving ships with a capacity of up to 5,000 DWT for in-river wharfs; general cargo ships, containers with a capacity of up to 100,000 DWT or larger when qualified, bulk cargo ships with a capacity of up to 160,000 DWT offshore Tran De estuary.
Preliminary research by the People's Committee of Soc Trang province shows that the Tran De offshore port area has a port area of 411.25 hectares, of which the start-up phase is 81.6 hectares.
The project includes a wharf system with a total length of 5,300 m to receive general cargo ships, container ships with a capacity of up to 100,000 DWT (6,000 to 8,000 Teus), and bulk cargo ships of 160,000 DWT, in which the initial investment phase will include 2 800 m long wharfs for general cargo ships, container ships with a capacity of up to 100,000 DWT and 2 buoy wharfs for transferring bulk cargo (coal) for ships with a capacity of up to 160,000 DWT.
The breakwater/dike system has a total length of 9,800m, of which the initial phase is 4,000m long.
The sea bridge is 17.8 km long, 28 m wide, 6 lanes, in the start-up phase, it will be arranged for 2 lanes with a width of 9 m. The approach bridge connecting the sea bridge with the port in the start-up phase is 1.85 km long, 28 m wide; in the start-up phase, it is 9 m wide.
The port logistics service area at Tran De port is expected to have an investment scale of about 4,000 hectares, including land leveling, construction of internal roads, water supply and drainage systems, power generation, fire protection systems, and communications. The initial phase covers an area of 1,000 hectares. The road behind the port connects National Highway 91B to the 6.3 km long sea-crossing bridge.
With the above investment scale, the Project has a preliminary total investment of about 162,730 billion VND, of which the starting phase has a total investment of 44,695 billion VND.
Of which, public investment capital is 19,403 billion VND, accounting for about 43%, including: investment in building a road behind the port connecting to the Tran De offshore port; investment in building a cross-sea bridge; investment in building a breakwater, shipping channel and turning basin.
Private capital investment (enterprises) is 25,292 billion VND (accounting for about 57%), including site clearance and investment in infrastructure for logistics services; investment in port construction at Tran De port.
In the completion phase, the Project has a total investment of VND 162,731 billion. Of which, public investment capital is VND 46,476 billion (accounting for about 29%), including investment in the construction of the road behind the port connecting to the Tran De offshore port; investment in the construction of a cross-sea bridge; investment in the construction of a breakwater, a shipping channel and a turning basin.
Private capital investment (enterprises) is 116,255 billion VND (accounting for about 71%), including site clearance and investment in infrastructure for logistics services; investment in port construction at Tran De port.
The leader of Soc Trang Provincial People's Committee said that the project has a large investment capital, slow capital recovery, and is invested in a particularly difficult area.
Therefore, in addition to the capital calling for socialized investment in ports according to the planning, it is necessary to arrange state budget capital to invest in public maritime infrastructure (shipping channels, breakwaters, maritime signals, etc.), technical infrastructure, traffic infrastructure (cross-sea bridges and connecting roads from the end of the Chau Doc - Can Tho - Soc Trang expressway at National Highway 91B to Tran De port) in sync with the roadmap calling for investment in port infrastructure.
This support from the State budget will aim to increase the attractiveness to call for investment from private capital sources similar to other gateway port areas (Lach Huyen, Lien Chieu) that have called for investment in the past.
The highest compensation price for the Ring Road 2 project in Ho Chi Minh City is expected to be 111.5 million VND/m2.
On the afternoon of October 28, the People's Committee of Thu Duc City (HCMC) held an information conference on the draft compensation, support and resettlement plan for two sections of the Ring Road 2 Project, including the section from Phu Huu Bridge to Vo Nguyen Giap Street (section 1) and the section from Vo Nguyen Giap Street to Pham Van Dong Street (section 2).
 |
| Planning land preparing for investment in the Ring Road 2 project at the intersection with Pham Van Dong Street, Thu Duc City - Photo: Le Toan |
At the conference, Mr. Mai Huu Quyet, Vice Chairman of Thu Duc City People's Committee, said that both sections 1 and 2 have 1,166 households, individuals and organizations affected, the land area to be recovered is 61.1 hectares, the total compensation and resettlement support capital is about 7,600 billion VND.
Mr. Quyet said that the compensation price at this project is 30-97% higher than the price list approved by the Ho Chi Minh City People's Committee in Decision 79/2024/QD-UBND dated October 21, 2024 at location 1 (main road frontage), other locations are much higher than the old land price list, so it is consistent with the market price.
In addition, the resettlement price by land plot is equal to the price in the land price list according to Decision 79/2024/QD-UBND, so it is very beneficial for the people.
According to the draft to collect public opinions, the compensation price for the frontage of Duong Dinh Hoi street is more than 74 million/m2, the alley with a width of 5 m or more is more than 50.8 million/m2, the frontage of Tang Nhon Phu street is more than 75 million/m2, the frontage of Do Xuan Hop street is more than 101.9 million/m2, the frontage of Pham Van Dong street is more than 111.5 million/m2,...
The draft compensation, support and resettlement plan of the Ring Road 2 Project will be posted at the headquarters of the People's Committees of wards and the Executive Boards of neighborhoods where the Project passes through to collect public opinions for 1 month, starting from October 28, 2024.
Regarding the land fund used for resettlement of people, up to now, Thu Duc City People's Committee has also prepared enough including land plots of Dai Nhan Residential Area (Hiep Binh Phuoc Ward); Dong Tang Long Urban Area (Long Truong and Truong Thanh Wards); 50-hectare resettlement area (Cat Lai Ward); Long Binh - Long Thanh My resettlement area; Lot R of Duc Khai Apartment (An Khanh Ward)...
Through the actual survey of Thu Duc City, the resettlement areas have favorable locations, synchronously connected technical and social infrastructure, ensuring stable life for people after receiving resettlement houses and land.
According to the plan, the 2 sections of Ring Road 2 through Thu Duc City will start construction in the first quarter of 2025.
Ha Tinh invests 350 billion VND to upgrade and repair Ke Go lake
The Irrigation Investment and Construction Management Board 4 (Ministry of Agriculture and Rural Development) is organizing the selection of contractors to implement the Ke Go Lake Upgrade and Repair Project (Cam Xuyen District, Ha Tinh Province). The project is expected to start in November 2024 and be completed before the 2025 flood season.
 |
| A corner of Ke Go Lake Project in Cam Xuyen District, Ha Tinh Province. Illustrative photos |
composed, the project has a total investment of more than 350 billion VND from the central budget, Ke Go lake will be upgraded, the main dam, the auxiliary dam, Doc Mieu spillway, the incident spillway and mechanical equipment will be processed and installed. The project to upgrade and repair Ke Go lake is being selected by this unit through open bidding online.
It is expected that the project will be implemented and completed before the 2025 flood season around November 2024. Ke Go Reservoir was built in 1976, with a capacity of 345 million m3. The reservoir is responsible for supplying water for agricultural production, people's lives and economic sectors for Cam Xuyen, Thach Ha districts and Ha Tinh city.
It is known that Nam Ha Tinh Irrigation Company Limited is the unit that manages, operates and exploits Ke Go Lake. After 48 years of exploitation and operation, many key construction items of the lake have been degraded and damaged. This affects the operation process, as well as potentially causing insecurity for the construction, people and infrastructure in the downstream area.
In particular, the upstream tower area and the Ke Go gate operating sluice have many locations where the concrete is eroded and eroded. Many concrete slabs at the slope position under the main dam are eroded and have open palates after a long time of use. In addition, at some other locations at the upstream flat valve gate, the disc valve system is damaged, causing the cone valve to not close tightly and causing water leakage and large vibrations during operation. This is dangerous for the slippery and damaging body.
Ho Chi Minh City proposes to invest in 3 BT projects worth 14,600 billion VND with deferred payment from the budget
The Ho Chi Minh City Department of Transport has just issued Document No. 14208/SGTVT – KH to the Department of Planning and Investment prejudice 3 transport projects to apply the BT contract type of special investment mechanism according to Resolution No. 98/2023/QH15.
Project 1: construction of Phan Van Hon parallel road (from National Highway 1 to Ring Road 3) in Hoc Mon district with a length of 8.5 km, width of 30 m, total investment of 3,720 billion VND. This route will connect with many land plots along Ring Road 3, implemented according to the TOD model (urban area around traffic hubs).
 |
| Some proposed BT projects will connect to the Ring Road 3 section through Hoc Mon district under construction – Photo: LM |
Second project: construction of a new road in the Northwest, Binh Chanh district (from Ring Road 2 to the border of Long An province) with a length of 10 km, width of 40 m, total investment of 5,200 billion VND, of which site clearance is about 3,900 billion VND.
Third project: construction of the East-West axis road (now Vo Van Kiet road) extending from National Highway 1 to the border of Long An province. The project is 12.2 km long, 60 m wide, with a total investment of 5,776 billion VND.
The total investment capital of the above 3 BT projects is 14,696 billion VND, proposed to be paid in installments using the State budget to enhance the ability to mobilize social resources to invest in key and urgent projects when the City budget is still limited.
To have capital to pay investors for the three BT routes mentioned above, Ho Chi Minh City plans to auction many plots of land along Ring Road 3 and metro routes.
According to the plan, 3 BT projects with deferred payment using budget capital will be implemented from 2026-2030.
Quang Binh: Tunnel No. 2 of Khe Net Railway Renovation Project Opened
According to the report from the Contractor Consortium, up to now, the consortium has mobilized 230 engineers, workers, machine operators along with more than 35 specialized machines and equipment, organizing 4 construction teams simultaneously on 2 tunnels. The construction volume of tunnel 1 reached 130 md/580 md and tunnel 2 completed 355 md/355 md. The construction output reached 120 billion VND, exceeding the set progress by 9%.
 |
| Tunnel No. 2 of the package was dug ahead of schedule. |
The representative of the package management board said that the two Khe Net railway tunnels have the characteristics of running along the mountainside, with a thin cover layer, complex and constantly changing tunnel geology, not following the original technical design. To overcome this, the contractor consortium coordinates with the investor and the supervision consultant to closely follow the construction site and propose appropriate reinforcement plans, ensuring safety and quality according to the actual geography.
In addition, the Management Board has encountered some difficulties due to the land handover being later than originally planned, along with obstacles in leasing land for public roads and finding suitable dumping sites. specific, some dumping sites have been planned on agricultural land, causing difficulties in site clearance due to not receiving compensation from the investor.
To ensure the set progress, the contractor consortium has made efforts and proactively proposed construction solutions, promoted internal training to improve labor productivity for engineers and workers, and organized construction in "3 shifts, 4 teams". In addition, the consortium regularly monitors geology to promptly adjust reinforcement measures, ensuring safety and quality of the project. Currently, the difficulties have been basically resolved. The goal is to dig tunnel 1 before April 2025, pour concrete for the shell and complete tunnel 1 before November 2025 and tunnel 2 before September 2025.
Mr. Nguyen Duy Song, Director of the XL1 Package Management Board, said that today's tunnel opening ceremony is an important milestone, making it more convenient to transport fuel, goods, and construction workers, speeding up the project's progress.
Mr. Song added that Khe Net Railway Tunnel applied NATM technology in construction. This technology has been mastered and improved by Deo Ca, applied in many road tunnel projects that Deo Ca has been and is implementing.
It is known that the XL01 package belongs to the Khe Net Pass Railway Improvement Project, Hanoi - Ho Chi Minh City Railway Line, constructing 2 railway tunnels with a total length of 935 m, with a construction period of 23 months, carried out by the joint venture of Ilsung Company - Deo Ca Group. Of which, tunnel 1 is 580 m long, tunnel 2 is 355 m long. This is an important package of the project, implemented with ODA capital, located in Huong Hoa and Kim Hoa communes, Tuyen Hoa district, Quang Binh province.
Upon completion, the project will not only contribute to reducing traffic congestion and improving freight and passenger transport capacity, but also create momentum for the socio-economic development of the region, help strengthen connectivity between regions, and contribute positively to the national transport network.
More than 1 billion USD capital poured into Phu Ha Viglacera Industrial Park
According to information from Viglacera Real Estate Trading Company, Phu Ha Industrial Park (Phu Tho), invested by Viglacera, has just welcomed two new investors from the Philippines and Taiwan with a total investment capital of over 150 million USD.
Including: Nien Made Company (Taiwan), investing 120 million USD to build a smart furniture factory and Liwayway Vietnam Joint Stock Company (Philippines), specializing in producing food and beverages for the Oishi brand, with a total investment of 30 million USD.
 |
| Phu Ha Viglacera Industrial Park in Phu Tho has attracted more than 30 enterprises with a total investment capital of more than 1 billion USD. |
Nien Made is a listed company on the Taiwan Stock Exchange, creating its own brands NORMAN® and VENETA®, distributing products to 2,000 Home Depot stores and 5,000 Walmart stores in the US, Canada, and many other markets such as the UK, Japan, Australia, etc.
Thus, up to this point, Phu Ha Viglacera Industrial Park has successfully attracted more than 30 enterprises, with a total investment capital of over 1 billion USD.
Among them, there are many FDI "big guys" such as: BYD (China), INOUE Rubber (Japan), Hanyang Digitech, Asentec, ActRO Vina (Korea)... In which, mainly are Korean electronics enterprises - tier 1 vendors for Samsung, in line with the orientation of attracting investment from the locality, creating jobs for more than 23,000 workers.
Phu Ha Viglacera Industrial Park has a convenient traffic location, located next to Noi Bai - Lao Cai highway, quick access to Noi Bai airport (45 minutes), Hanoi (1 hour), near Samsung factories and other large electronics and automobile manufacturing corporations located in Bac Ninh, Bac Giang, Thai Nguyen.
2 km from the Industrial Park is the Housing Area for workers and experts of Phu Ha Industrial Park, with a scale of 4.3 hectares. Up to now, the Project has handed over and put into use 2 blocks of 6-storey buildings (268 apartments), 48 low-rise apartments.
The worker housing project here helps workers in the industrial park to “settle down”, stay with the company for a long time and ensure the goals of economic development and local social security. The industrial park has full technical infrastructure - services and clean land, ready to meet the needs of investors.
Da Nang adjusts Software Park No. 2 Project to over 1,400 billion VND
On October 30, at the 20th session (special session), the People's Council of Da Nang City approved the City People's Committee's Proposal on adjusting the pre-feasibility study report of the Software Park No. 2 Projects (phase 1).
elaborate, Da Nang continues to add necessary items to synchronously complete the Software Park No. 2 Project (phase 1), including 3 blocks (20-storey ICT, 8-storey ICT1 and 8-storey ICT2) to put into operation and use; the total additional cost is more than 414 billion VND.
 |
| Software Park No. 2 Projects (Phase 1). |
According to the Report of the People's Committee of Da Nang City, the Software Park No. 2 Project (Phase 1) is on the list of key projects, driving forces for the city's socio-economic development in the period of 2021-2025. The project was approved for investment with the aim of promoting domestic and foreign investment attraction, especially in the city's information technology sector; at the same time, through Software Park No. 2, it will help businesses quickly access state policies, support and incubate new startups, promote, expand and develop the information technology market.
Recently, the National Assembly issued Resolution 136/2024/QH16 dated June 26, 2024 of the National Assembly on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Da Nang city, including the content on encouraging investment in the development of microchips, semiconductors, and artificial intelligence.
“In the face of the wave of investors in the information technology sector who has a great demand for investment in Da Nang city and in order to ensure the material conditions to promote research, training, microchip design, semiconductors and artificial intelligence development, it is necessary to invest in additional necessary equipment to basically complete the material facilities of the buildings of the Software Park No. 2 Project (phase 1), creating attractiveness for domestic and foreign investors to invest in the information technology sector in the city”, the report of the Da Nang City People's Committee stated.
Thus, after adjusting and supplementing the above items, the total investment of Software Park Project No. 2 (phase 1) was increased to more than 1,400 billion VND.
Previously, on October 22, the Prime Minister issued Decision No. 1238/QD-TTg on expanding the Da Nang Software Park Concentrated Information Technology Park. formation, the Prime Minister decided to approve the expansion of the Da Nang Software Park Concentrated Information Technology Park with a total expanded land area of 28,573 m2, located in Thuan Phuoc Ward (Hai Chau District).
The Prime Minister's Decision clearly states that the scope of expansion of the Danang Software Park Concentrated Information Technology Park is determined in Decision No. 4179/QD-UBND dated September 17, 2019 of the Danang City People's Committee approving the 1/500 scale construction plan of Danang Software Park No. 2.
Regarding the functions and tasks, Da Nang Software Park No. 2 ensures to perform according to the functions and tasks of a concentrated information technology park. Regarding preferential policies, enterprises implementing projects in the field of information technology investing in Da Nang Software Park No. 2 enjoy incentives prescribed in Decree No. 154/2013/ND-CP of the Government and other preferential policies applicable to concentrate information technology parks according to the provisions of law. The organizational structure and operating regulations of the Management Organization of Da Nang Software Park No. 2 were decided by the People's Committee of Da Nang City.
The Prime Minister's Decision requires the People's Committee of Da Nang City to coordinate with relevant ministries, branches and agencies to organize implementation; ensure the investment in construction, management and operation of Da Nang Software Park No. 2 effectively and in accordance with regulations... This Decision of the Prime Minister will help put the Da Nang Software Park No. 2 projects into operation soon.
Da Nang spends more than 241 billion VND to invest and upgrade 2 hospitals
On October 30, the 10th term People's Council of Da Nang City, 2021-2026 term, voted to approve the investment policy of the Project to expand and connect the technical infrastructure system and auxiliary items of Da Nang Hospital and the Project to invest in the construction, upgrading and repair of Da Nang Mental Hospital.
structuring, the Da Nang Mental Hospital Construction and Upgrade Investment Project has a total investment of more than 87 billion VND. The project is expected to build a new acute treatment block for men and women with a scale of 140 beds; build a new corridor connecting the newly built acute treatment block for men and women with the special treatment + drug rehabilitation block, nutrition block, and imaging diagnostic block with a scale of 1 floor. In addition, the building blocks will be renovated and equipment will be purchased.
According to the results of the construction quality inspection prepared by the consulting unit, the current status of the Da Nang Mental Hospital project shows signs of deterioration, mold seepage, crumbling wall mortar, many cracks appearing on the concrete floor... The danger level is given as level C.
The project to expand and connect the technical infrastructure system and auxiliary items of Da Nang Hospital has a total investment of more than 154 billion VND, implemented in the period of 2024 - 2027.
The project will dismantle and relocate some items at Da Nang Hospital (facility 1) to build additional traffic corridors, technical and auxiliary buildings; at the same time, rearrange and rearrange the technical infrastructure system, landscape yard, traffic organization, gate fence system... in the Hai Phong road area, connecting with the new Cardiovascular Center area invested in construction according to the detailed planning adjustment 1/500 of Da Nang Hospital approved by Hai Chau District People's Committee.
Ho Chi Minh City: Adjusted total investment for Nguyen Khoi bridge and road to 3,724 billion VND
The Management Board of Ho Chi Minh City Transport Construction Investment Project (TCIP) has just submitted a report (for the second time) to the Ho Chi Minh City Department of Transport regarding the evaluation of the Feasibility Study Report (adjustment) of the Nguyen Khoi Bridge and Road Project (connecting District 1, District 4 with District 7).
According to the Feasibility Study Report (adjusted), the project must adjust the total investment from VND 1,250 billion to VND 3,724 billion due to changes in project scale (increased construction investment costs).
 |
| Perspective of the bridge, Nguyen Khoi street. Source: TCIP |
On the other hand, the Project increased capital due to updating compensation costs for site clearance due to the application of the provisions of the 2024 Land Law and updating compensation costs for technical infrastructure relocation.
In addition to adjusting the total investment, TCIP also proposed adjusting the project implementation period from 2017 to 2028 instead of completing it in 2020 as previously approved.
Because the architectural plan of Nguyen Khoi bridge and road has been previously approved, TCIP recommends that the Department of Transport, during the appraisal process of the Feasibility Study Report (adjusted), does not require the implementation of the competition procedure for the architectural plan of the Project.
Currently, Ho Chi Minh City is speeding up the procedures to start the Nguyen Khoi Bridge and Road Project on April 30, 2025.
Processing more than 13 million m2 of dredged waste from My Thuy Port Project
Standing Vice Chairman of Quang Tri Provincial People's Committee Ha Sy Dong has just agreed on the receiving location and treatment plan for the dredging products of My Thuy Port Area project of My Thuy International Port Joint Venture Company (MTIP).
composed, the Standing Vice Chairman of the Quang Tri Provincial People's Committee, Ha Sy Dong, agreed with the proposed report of the Department of Natural Resources and Environment and requested MTIP to proactively implement and commit to arranging locations to receive dredged products in accordance with the project implementation situation, ensuring that it does not affect the construction progress and the operational functions of functional areas when the project comes into operation.
 |
| Construction site of My Thuy Port project, phase. Photo: MTIP |
According to the report of the Department of Natural Resources and Environment of Quang Tri in Official Dispatch No. 4245/STNMT-CCBVMT dated October 4, 2024, the total volume of dredged products during the construction of My Thuy Port Area, Phase 1 is 13.22 million m3. Of which, more than 988,000 m3 of white sand meets the standards for making glass tiles for construction and for use in the field of mold production; the remaining 12.23 million m3 of sand can be used as filling material.
According to the proposed treatment plan by the Department of Natural Resources and Environment, the white sand will be gathered in an area of 25 hectares after the closure of the mine of VICO Quang Tri Investment and Minerals Joint Stock Company and the surrounding area. The dredged products will be gathered in areas within the scope of phases 1, 2, and 3 of the project. According to the survey results, the dredged products do not contain mud and impurities, so MTIP does not consider the dumping option.
Regarding the expected time of dredging product assembly, MTIP is currently looking for sources of dredging product consumption and other assembly sites outside the project to ensure assembly no later than 2030; At the same time, the scale and height of the assembly sites in the project will also be adjusted to suit the actual situation.
The approval of the location of the dredged material storage site is the basis for MTIP to implement the next steps such as preparing a dossier to adjust the project's environmental impact assessment (EIA) expected to be submitted to the Ministry of Natural Resources and Environment in the fourth quarter of 2024, consulting on the preparation of a dossier to request permission for forest conversion, measuring and marking the site clearance for phases 2 and 3.
The My Thuy Port Project was approved by the Prime Minister in Decision No. 16/QD-TTg dated January 4, 2019. The project is invested by My Thuy International Port Joint Stock Company (MTIP), implemented in Hai An commune, Hai Lang district, in the Southeast Quang Tri Economic Zone.
The project has a scale of 10 berths, a total investment of 14,234 billion VND; implementation progress from 2018-2035. Of which, phase 1 from 2018-2025 with a scale of 4 berths, investment capital of 4,946 billion VND (in Decision No. 04/QD-MTIP dated July 19, 2023 of MTIP approving the Feasibility Study Report of phase 1 is 6,073 billion VND). Currently, MTIP is urgently constructing the project items, striving to complete at least 1 berth by the end of 2025.
EVN is the investor of the 500 kV Lao Cai - Vinh Yen transmission line project.
The Prime Minister has issued Decision No. 1274/QD-TTg approving the investment policy of the 500kV Lao Cai - Vinh Yen transmission line project with a scale of over 7,000 billion VND. Vietnam Electricity Group (EVN) was assigned as the investor.
The 500 kV Lao Cai – Vinh Yen transmission line project aims to transmit power from hydropower plants in the Northwest region and neighboring provinces to the national grid; create strong connections between regions in the power system, increase the ability to operate safely and stably for the national power system.
 |
| The 500 kV Son La – Lai Chau transmission line project is also located in the North. (Photo: Song Da) |
The project also aims to reduce power losses in the transmission grid, increase the efficiency of EVN's electricity production and business, and prepare for the need to import electricity from China.
Project implementation locations: in Lao Cai, Yen Bai, Phu Tho, Vinh Phuc provinces.
The project scale includes the construction of a new 500 kV Lao Cai - Vinh Yen line, double circuit, approximately 228.92 km long; expansion of 02 more 500 kV bays at the 500 kV Vinh Yen substation to the 500 kV Lao Cai substation.
The project's investment capital is about 7,010.74 billion VND, of which the total pre-tax project investment capital is about 6,495.53 billion VND, expected to use owner's equity (about 1,299.11 billion VND) accounting for 20% of the total pre-tax project investment capital and commercial bank loans (about 5,196.42 billion VND) accounting for 80% of the total pre-tax project investment capital. capital.
The project's operating period is at least 40 years (from the date of the decision approving the investment policy and simultaneously approving the investor).
The project is scheduled to start construction in December 2025, with construction lasting 6 months, and is expected to complete power supply and put the project into operation in May 2026.
Regarding the policy of converting forest use to other purposes to implement the project: the estimated scale of forest area that needs to be converted to other purposes to implement the project is about 53 hectares of forest.
The Prime Minister assigned the Ministry of Industry and Trade to be responsible for state management of the project according to the sector and field under its responsibility according to the provisions of law; to direct and guide EVN in reviewing and completing the dossier for appraisal of the project considerations study report, ensuring safety, maximizing the role and efficiency of project investment, in accordance with the purpose of transmission in the national power system and promptly organizing the appraisal of the project considerations study report, design and implementation after the project basic design. At the same time, it is responsible for performing the function of specialized state management of the project during the process of investment implementation and exploitation management according to the provisions of law.
The Ministry of Natural Resources and Environment is responsible for inspecting and supervising the project's compliance with environmental protection laws during implementation. Support and guide the People's Committees of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc provinces in allocating land, leasing land, and allowing land use purpose change to implement the project to ensure compliance with the planning and land use plan approved by authorities, and in compliance with the provisions of the law on land.
In addition, the Ministry of Natural Resources and Environment supports and guides EVN in completing the dossier and implementing the environmental impact assessment procedures of the project in accordance with the provisions of the law on environmental protection and promptly organizes the appraisal and approval of the results of the appraisal of the environmental impact assessment report. Supports and guides the People's Committees of the provinces: Lao Cai, Yen Bai, Phu Tho, Vinh Phuc in implementing the procedures for converting the purpose of using rice-growing land to other purposes to implement the project, ensuring compliance with the provisions of the law on land...
EVN is responsible before the law for the truthfulness and accuracy of the information, data and contents in the project dossier; responsible for mobilizing sufficient registered capital and implementing according to the progress, quality and safety of the project, ensuring the considerations of the project. Responsible for the progress of project implementation; responsible for the effectiveness of project investment, ensuring the preservation and development of state capital and implementing the project reporting regime in accordance with the provisions of law. Research and fully absorb the appraisal opinions of relevant agencies during the investment and implementation of the project...
Binh Dinh proposes to add Phu My Port Area to the National Seaport Planning
In a document sent to the Ministry of Transport, Binh Dinh province said that Phu My port area has an area of 1,442.7 hectares, by 2030 there will be 2 specialized wharves for green hydrogen and green ammonia products, receiving ships with a capacity of 150,000 tons.
In order to create conditions for investors to research and invest in the construction and development of seaport infrastructure, meeting the socio-economic development requirements of the province; recently, the People's Committee of Binh Dinh province requested the Ministry of Transport to recommend the Prime Minister to consider adjusting and supplementing the Phu My Port Area Planning to the Master Plan for the development of Vietnam's seaport system for the period 2021 - 2030, with a vision to 2050 when reviewing the planning periodically every 5 years.
 |
| Perspective of Phu My Specialized Port Project at Long Son Iron and Steel Complex Phase 1. |
At the same time, the People's Committee of Binh Dinh province requested the Ministry of Transport to consider updating the planning scale of Phu My Port Area (in My An commune, My Tho commune, Phu My district) to submit to the Prime Minister for approval of the detailed planning of seaports, ports, wharves, buoys in water areas and water areas for the period 2021-2030, with a vision to 2050 according to regulations.
According to the scale mentioned by the People's Committee of Binh Dinh province in the submission to the Ministry of Transport, Phu My Port Area has an area of 1,442.7 hectares, with the function of a transport - seaport project associated with a concentrated, multi-industry industrial park, increasing the attraction of industrial types suitable for the orientation of Phu My Industrial Park.
By 2030, Phu My Port Area will have 2 specialized wharves for green hydrogen and green ammonia products, receiving ships with a capacity of 150,000 tons; 1 specialized liquid cargo wharf for receiving petroleum products, LNG, Jet, petrochemical products, receiving ships with a capacity of 100,000 tons; 1 specialized bulk cargo wharf for receiving ships with a capacity of 70,000 - 100,000 tons.
Phu My port area also has 5 general wharves for loading and unloading general cargo, packages, containers, equipment and materials, and receiving ships with a capacity of 30,000 - 100,000 tons.
After 2030, Phu My Port Area will have 4 general and material wharves for ships with a capacity of 30,000 - 70,000 tons; 1 wharf for service and towing fleets with a length of 120m.
Binh Dinh Provincial People's Committee also preliminarily forecasts the volume of goods passing through the port by 2030 to be about 2.6 million tons/year, including liquid goods (hydrogen, ammonia), materials, equipment, packages, and bulk cargo.
It is forecasted that in the period 2030 - 2050, the volume of goods passing through the port will be about 16.6 million/year, including liquid goods (hydrogen, ammonia, LNG, gasoline, petrochemical products), general cargo, containers, materials, equipment, packages, bulk cargo, and specialized energy equipment.
It is known that Phu My Port Project is receiving attention from Phu My Investment Group Joint Stock Company when on September 23, 2024, this Company sent a document to Binh Dinh Provincial People's Committee to register for survey, research and investment in the General and Specialized Port Project serving Phu My Industrial Park.
Then, on October 9, 2024, the Company continued to request registration for a survey to measure the depth of the seabed to determine the construction location of Phu My Port.
On October 21, 2024, the People's Committee of Binh Dinh province agreed to allow Phu My Investment Group Joint Stock Company to survey and measure the depth of the seabed in the sea area of My An commune, My Tho commune, Phu My district to determine the location for the construction of Phu My Port.
Proposal for planning and investment in construction of elevated National Highway 5
The Hai Duong Department of Transport has just proposed that the Ministry of Transport consider planning and investing in the construction of the elevated National Highway 5.
According to the Hai Duong Department of Transport, the investment plan to build an elevated National Highway 5 has many more advantages than the plan to expand the existing National Highway 5.
 |
| A section of National Highway 5 through Hai Duong. |
specifically, this option helps to avoid having to arrange new land funds, save land, and use land effectively and intelligently because there is no need for expansion; no need to clear land on the main route (this is one of the bottlenecks when implementing transport infrastructure projects, which are also the points of complaints); especially no need to clear land in industrial parks, clusters, and existing residential areas on both sides of the route, thereby significantly reducing investment costs.
In addition, the elevated National Highway 5 Project, when put into operation, will ensure the design speed, significantly saving travel time; solving the constraints of traffic infrastructure, especially at intersections at the same level, minimizing traffic accidents.
The construction of National Highway 5 on an elevated route also helps to proactively plan construction and shorten project implementation progress.
It is known that National Highway 5 is the main artery in the Northern region, put into operation since 1998 with the scale of a level II plain road (from 4-8 lanes). The route has been considered by localities as an economic development axis, especially large vehicles going to and from Hai Phong ports with very high traffic volume/day.
In recent years, localities have gradually invested in a number of National Highway 5 feeder roads. In addition, in 2015, the Hanoi - Hai Phong expressway was opened to traffic, which has also shared part of the traffic volume on National Highway 5.
However, Highway 5 has long been overloaded (according to the management unit's vehicle count data, the actual traffic volume is currently over 90,000 vehicles/day, exceeding the design traffic volume by 6 times). The operating speed on Highway 5 is only 50-60 km/h for cars, which is 50-60% of the design speed.
According to the Hai Duong Department of Transport, the traffic accident situation on the route is extremely complicated, with frequent congestion, especially during rush hour. The section through Hai Duong province alone is 44 km long, but from 2021 to now, there have been 228 accidents, accounting for 18%; killing 85 people, accounting for 13%; injuring 139 people, accounting for 16% of the total number of accidents, deaths and injuries in the province.
According to the Road Infrastructure Planning Plan for the 2021-2030 period, with a vision to 2050, which is being prepared by the Ministry of Transport, National Highway 5 will remain at its current size.
“Given the very important role of National Highway 5 Now and in the Future, Early Planning and Investment in Expansion or Construction of An Elevated Road is very Urgent and Necessary, In Order to meet the Requirements of the Economic Development Triangle of Hanoi - HANOI The Overload Situation and Traffic Safety on the route, ”The Leader of the Hai Duong Department of Transport Assessed.
Khanh Hoa transfers more than 26 hectares of rice land to invest in Dien Tho Industrial Cluster Project
On OctoBer 31, Khanh Hoa Provike People's Committee Announced that according to the approved plan for developing Khanh Hoa Province's Industrial Cluster, Attached to the Khanh Hoa Provike Planning For The Period 2021 - 2030, with a vision to 2050 in Decision No.. 318/QD-TTg DATED MARCH 29, 2023 of the Prime Minister, The Area of Dien Tho Industrial Cluster by 2030 is 75 hectares.
Currently, The Area of Dien Tho Industrial Cluster Established in Dien Khanh District is 50 hectares. Of which, Dien Tho Industrial Cluster (Phase 2) Invested by VCN Investment Joint Stock Company Was Established Under Decision No. 2053/QD-UBND DATED AUGUST 30, 2023 of the Provincial People's Committee with An Area of 30.98 Hectares.
Thereefore, Khanh Hoa Provincrial People's Committee Believes that the proposal to change the purple of rice land use to others purposes within the boundary of dien tho indign Park (phase 2) is necessary.
On November 30, 2023, VCN Investment Joint Stock Company Issued Document No. 602/CV-PTDA on registration the need to change the purple of using Rice-GROWING LAND TO Implement The Dien Tho Industrial Cluster Project (Phase 2), In which the Area of Rice-Growing Land in the Project is 26.18 hectares.
According to the people's committee of Khanh Hoa Province, based on relevant regults, the approval of the change of land use purple for rice cultiv Council of Khanh Hoa Province Accorder to Decision No. 06/2023/QD-TTg of the Prime Minister.
At the same time, the above project has been approved by the Provincial People's Council in the List of Projects Requiring Landition for Socio-Ceconomic Development for National and Public Interests in Khanh Hoa Province In Resolution No. 09/NQ-HDND DATED MARCH 30, 2023; Consistent with the Dien Khanh Urban Master Plan to 2040; Consistent with the land use plan to 2030 of Dien Khanh District, and Included in the 2024 Land Use Plan of Dien Khanh District.
Along with that, the Area Where the Purple of Rice-GROWING LAND USE IS CHED TONET PURPOSE TO Implement the Dien Tho Industrial Cluster Project DES NOT Overlap with the Planning Location of the Irraining Works.
On october 31, The Provincial People's Council approved the change of purple of use of 26.18 hectares of rice-growing land to invest in the dien tho indume cluster project (phase 2) at the request of the Khanh Hoa Provincial People's Committee.
Ho Chi Minh City prioritizes mobilizing more than 39 billion USD to build 183 km of metro
The Ho Chi Minh City Department of Transport has just issued Document No. 14229 to the City People's Committee To Further Explain Structure For Investing in 183 Km of Urban Railway and Assessing Public debt when investing in Urban Railway Lines.
According to the Department of Transport, to complete 183 km of urban railway in Ho Chi Minh City by 2035, more than 39 billion USD is needed. With such a large amount of capital, Ho Chi Minh City will mobilize maximum resources to invest according to the proposed plan.
When investing, the City determines and structures capital sources based on the principle that while the routes being invested in are funded by ODA loans, the remaining sections can be considered and studied for continued investment using ODA capital or state budget capital.
For the remaining routes, Priority will be given to investment using State Capital, Mobilizing Additional Capital from other sources to gradement access technology towards Localizing the Urban Railway System, Taking Full Initiative In Implementing and Accelerating The Progress of the Progress of the Progress of the Progress of the Project.
Therefore, according to calculations by departments and branches, the capital demand for investment in urban railway lines in Ho Chi Minh City in the period of 2026-2030 is 21.31 billion USD. Of which, the City budget and revenue from land auctions along stations (TOD) is 7.81 billion USD (accounting for 36.65%); issuance of local government bonds and other forms of domestic borrowing is 6.67 billion USD (accounting for 31.3%); Central support (expected) is 4.78 billion USD (accounting for 22.44%); BT capital is paid in installments is 2.04 billion USD (accounting for 9.58%).
By the 2031-2035 period, the City needs 17.26 billion USD for investment, of which the City budget and revenue from TOD are 9.48 billion USD (accounting for 54.95%); Central support (expected) is 3.19 billion USD (accounting for 18.51%), BT capital is paid in installments of 4.58 billion USD (accounting for 26.54%).
Looking at the above capital structure, Associate Professor, Dr. Vu Anh Tuan, Director of the Vietnam-Germany Transport Research and Development Center, assessed that the solution of mobilizing capital from auctioning land exploitation according to the TOD model, issuing bonds such as urban bonds, local government bonds is completely feasible. "These Capital Sources Can be completely used to develop Urban Railways, Becse Resolution 98/2023/QH15 HAS provided Ho Chi Minh City with A Mechanism Corridor, Which Can Be Completely Implationed," Mr. Tuan Analyzed.
Mr. Tuan Believives that developed the Today Model Will Have many Advantages in the Future, When It Creates Satellite Cities, Helps Decompress Urban Space and Population Density for the Central Areas of the City, and Reduces Personal Vehicles, Traffic Jams, Pollution, etc. etc.
Regarding the land fund exploitation plan and TOD development, the Project has been approved by the City Party Committee and the City People's Committee and issued an implementation plan in 2 phases (2024 - 2025 and 2026-2028) in some land plots around metro line 1 and 2 stations and around Ring Road 3 intersection according to the specific mechanism of Resolution 98/NQ-QH15.
The capital that Ho Chi Minh City plans to mobilize from local government bonds is VND160,000 billion (VND10,000-40,000 billion/year) in the period of 2026-2030 to exclusively invest in urban railways, which is also completely feasible. Because according to calculations by departments and branches, the City's outstanding loans as of December 31, 2023 are VND26,729 billion. Therefor, in the case of Borrowing Local Government Bonds According to the Project's Plan of VND 160,000 Billion and the Expected Condition of the State Budget Revenue Growth Rate Achieving a Growth Rate Equivalent to the City's GRODP GRDP GROWTH Target In The Period of 2026 - 2030 - 2030 - 2030 - 2030 - 2030 (Average of About 9.5 - 10%/Year), The Total Outstanding Loan Balance of the City is Still Guaranteed Not to Exceed 120% of the City's Budget Reventing to the Decenttralization prescription in resolution no. 98/2023/QH15.
Therefore, to ensure the completion of 183 km of urban railway by 2035, the Department of Transport has developed a detailed schedule for each phase. In particular, in the 2025-2027 phase, the project preparation work must be completed; in 2027-2028, the compensation, support, resettlement and site handover for construction must be completed; construction must start in 2027, no later than 2028; and 183 km must be completed by 2035.
To increase the considerations of mobilizing domestic bond capital, the Department of Transport recommends that the City People's Committee direct departments and branches to conduct market surveys, research and apply attractive enough interest rates, and diversify bond issuance forms.
Da Nang Opens Peak Period For Land Clearance on Hoa Lien - Tuy Loan Highway
Da Nang City Has Just Issed A Plan On The Implementation of the "500 Days and Nights of Competition to Complete 3,000 Km of Expressways" In The City, Accident To Decision No. 1008/QD-TTg DATED SEPTEMBER 19, 2024 of the Prime Minister.
The Plan Was Issed to Create A Competitive Atmosphere, Promote the Strength of the Entire Political System and All Classes of People, and Focus All Resources to Complete the Expressway Through Da Nang City by the end of 2025.
Da Nang City Focuses on Two Main Contents.
Compete to carry out propaganda and mobilization work well, Create consensus in society so that all classes of people support and share responsibility with the state, Actively
Compete in creative labor, coordinate with the investor to complete the work according to the schedule Required by the investor Regarding Site Clearance at Critical LOCATIONS, Relocation of Technical Infrasture Items, Completion of Procedires for Constration of Resettlement of Resettlement Areas, Completion of Site Clearance Work and Handover of the Entire Site to the Project.
The Da Nang City Plan Also Sets Out Specific Competition Criteria. In Particular, District and Localities Where the Project Passes Through Need to be proactive and creative in resolving Diffulties and obstacles and clearing the Land.
Propaganda and mobilization of people in the project area to agree and support the project. Creatively and Flexibrly Apply Legal Regulations to Resolve People's Legitimate and Legal Petitions in Site Clearance Work.
At the same time, Resolution Carry out Site Clearance Work, Complete AHEAD of Schedule as Assigned by the Prime Minister; Promptly Hand over the Site to the Investor According To Schedule. Coordinate Promptly to Remove Diffilties and Obstacles within The Scope of Local Responsibility to meet the Progress and Implementation Plan of the Project.
Da Nang City Also Assigned The Department of Natural Resources and Environment to proactively Remove difficulties and Legal Problems in Site Clearance, Actively Support District in Importing Compensation and Clearance Work, and Ensure that The City Hands Hands Over The Site To The Site To The Con Con Cool Within the prescription Time.
Da Nang City Will Award Certificate of Merit To Collectives and Individuals with Outstanding Achievements in Site Clearance, Relocation of Technical Infrastructure, and Handover of Site To Investors ...
The 11.5km Hoa Lien - Tuy Loan Expressway Project, Passing Through Flower District, Started Construction in September 2023 80km/h; The Completed phase will have a scale of 6 lanes, a roadbed width of 29m.
The Total Investment for the Hoa Lien - Tuy Loan Expressway Project is more than 2,100 Billion VND, Expected to be completed and put into operation by the end of 2025.
Comment (0)