View of the National Assembly session, morning of June 27, 2025. (Photo: DUY LINH)
Accordingly, with 446/447 delegates participating in the vote in favor, the National Assembly officially passed the Resolution of the National Assembly on the investment policy of the Quy Nhon-Pleiku Expressway Construction Investment Project.
Regarding the scope, scale and form of investment, the investment is about 125km, divided into 3 component projects; applying advanced and modern technologies, ensuring safety, synchronization, quality and efficiency requirements. Encouraging the application of high technology in construction organization, adapting to climate change. Implementing the form of non-stop electronic toll collection in exploitation and operation.
Voting to pass the National Assembly Resolution on investment policy for the Quy Nhon-Pleiku Expressway Construction Investment Project. (Photo: DUY LINH)
The total preliminary investment of the project is about 43,734 billion VND. Of which, the state budget capital is allocated from increased revenue, state budget savings in 2024, central and local budget sources for the period 2021-2025 and the period 2026-2030.
The project is preparing for investment and implementation from 2025, and will be completed and put into operation in 2029.
The Resolution also clearly states that the project is subject to 9 special policies, including: Policies on procedures, processes, authority to appraise and decide on investment in component projects; On authority to decide on adjusting investment policies; On designating contractors for bidding packages under the project, including bidding packages for compensation, support and resettlement.
Regarding the National Assembly's Resolution on adjusting the investment policy for the Bien Hoa-Vung Tau Expressway Construction Project, Phase 1, the vast majority of delegates present agreed, equivalent to 99.77% of the total number of delegates.
The Resolution stipulates that the total preliminary investment of the entire project will increase from VND 17,837 billion to VND 21,551 billion (an increase of VND 3,714 billion). The state budget capital for the 2021-2025 period is VND 17,124 billion (an increase of VND 2,854 billion), of which the central budget is VND 12,144 billion, the local budget is VND 4,980 billion ( Dong Nai province is VND 2,969 billion and Ba Ria-Vung Tau province is VND 2,011 billion); the central budget for the 2026-2030 period is VND 4,427 billion (an increase of VND 860 billion).
Voting to pass the National Assembly's Resolution on adjusting the investment policy for the Bien Hoa-Vung Tau Expressway Construction Investment Project, Phase 1. (Photo: DUY LINH)
Previously, presenting a summary of the Report on explanation, acceptance and revision of the draft Resolution of the National Assembly on adjusting the investment policy of the Bien Hoa-Vung Tau expressway construction project, phase 1, Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai said that the increase in total investment of VND 3,714 billion is the difference between the proposed adjusted total investment and the preliminary total investment approved by the National Assembly in Resolution No. 59/2022/QH151.
In which, the number of adjusted total investment sets is determined for each component project based on the synthesis of actual implementation results and the preparation of estimates of some costs that have not yet been approved according to the provisions of the law on construction.
Also this morning, with 437/441 delegates participating in the vote in favor (equal to 91.42% of the total number of National Assembly delegates), the National Assembly passed the Resolution of the National Assembly on the investment policy of the Ho Chi Minh City Ring Road 4 construction investment project.
Voting to pass the National Assembly's Resolution on investment policy for the Ho Chi Minh City Ring Road 4 construction investment project. (Photo: DUY LINH)
The resolution aims to build a strategic traffic axis connecting the Southeast region with the Southwest and the Central Highlands, promoting the circulation of goods from industrial parks and urban areas to seaports and airports and vice versa; connecting urban areas and industrial parks in the region, creating regional linkages, and developing the socio-economy of the southern key economic region.
The project also aims to reduce traffic pressure for the central urban area; create new development space to exploit the potential of land resources and take advantage of areas with favorable conditions for urban development, contributing to regulating the population in the inner city; successfully implementing the goals and tasks of socio-economic development, ensuring national defense and security according to the Resolution of the 13th National Congress of Delegates and resolutions of the Party.
Accordingly, the project invests about 159.31km, divided into 10 component projects. The total preliminary investment is about 120,413 billion VND, including: Central budget capital is about 29,688 billion VND; local budget capital is about 40,093 billion VND; capital mobilized by investors is about 50,632 billion VND.
Investment component projects under the public-private partnership method, build-operate-transfer (BOT) contract type are subject to investment guarantee mechanism, revenue sharing mechanism according to the provisions of law on investment under the public-private partnership method.
Source: https://baotuyenquang.com.vn/quoc-hoi-chinh-thuc-thong-qua-chu-truong-dau-tu-xay-dung-loat-du-an-ha-tang-trong-diem-214126.html
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