Accelerate the progress of many large investment projects in Ho Chi Minh City

Accelerate the progress of many large investment projects in Ho Chi Minh City

Sing Viet Resettlement project and Urban Sing Viet, Binh Chanh District is one of the record suspended projects with more than 22 years since the Ho Chi Minh City People's committee issued the decision to recover land.

Along with that, the obstacles and difficulties at some other large projects are also proposed by the management units and petitions to be removed by jurisdiction.

Withdrawal of land use in Thu Thiem new urban Area

Based on the proposal of the interdisciplinary group to implement investment projects to build four main roads in Thu Thiem New urban area, chairman of Ho Chi Minh City People's committee Nguyen Thanh Phong, approved the withdrawal of the city's budget 1,800 billion land use currency is expected to pay for additional BT (construction-transfer) projects of the Dai Quang Minh real estate investment joint stock company.

City People's Committee to manage investment and construction of Thu Thiem new urban Area to construct the draft text for the city People's Committee to send government inspecinspections for opinion on calculating the deferred interest rate and the certification of The right to use the land corresponds to the amount to be submitted.

About the plot arrangement of the Land of resettlement for the residents of Zone 4, 39ha of Binh An Ward, District 2, the City People's Committee, the Civil and Architecture Department, urgently reviewing and constructing the draft sheet for the city People's Committee of the newspaper The instruction set suggests that the horizontal approach to each ground is 4, 5m in size.

The City People's committee also manages investment Management and construction of Thu Thiem new urban area to consider assessments, detailed planning approval 1/500 for 12 lots of land planning functions for commercial housing services, to serve the auction of the land use rights prescribed, while coordinating the Department of Planning and architecture setting up local Regulation project planning Division 1/2000 for the Backpack land function planning Land School , evaluation process, regulatory approvals.

After the local adjustment of approved planning, investment Management and construction of Thu Thiem New urban Area review, appraisal, approval detailed planning of 1/500 ratio for 3 plots of land, to serve the auction of land use rights.

For requests to reimburse the amount of land leased to the State budget and investment costs of Vietnam Japan Resource development Joint stock company in relation to the Vietnam-Japan Knowledge Park Project, the city People's Committee for Financial Affairs Investment Management and construction of new urban area Thu Thiem Draft the dispatch of the city People's Committee recommends investors (named on the investment certificate) to agree to a representative who has sufficient authority to work with The Vietnamese authorities to solve the problem.

Leaders of Ho Chi Minh City People's committee also managed finance, coordinating the investment Management and construction of Thu Thiem New urban Area Review, reviewing the legal basis for reimburse the construction of the Commission on building support People's Thu Thiem Ward (District 2) at the No. 2c functional Area in Thu Thiem new urban area for Vingroup (HM: VIC).

To prepare for the implementation of the smart Complex project by Lotte Group as the investor, the city People's committee delivered plans and investments to urgently research and synthesize the opinion of the related ministries , at the same time, clearly present the advantages of the project, complete draft text of the city People's Committee to report the Prime Minister.

Along with the project of Thu Thiem New urban area, many key projects "cow turtle," hung many years are also being the city government "end" progress. In Sing Viet Resettlement project and Urban Sing Viet, Binh Chanh District is one of the record suspended projects with more than 22 years since the Ho Chi Minh City People's committee issued the decision to recover land.

With this project, chairman of the Nguyen Thanh City People's committee has been assigned the relevant departments to coordinate the People's Committee of Binh Chanh District, reviewing the collation with the project of construction details approved , working with investors, uniformed the implementation of the project for the project soon to complete the procedures, make the investment in infrastructure construction in order to arrange the background resettlement for people, not to occur complaints of people and investors.

A project "Late appointment" more than a year than the initial commitment (May 4/2018) is the anti-flooding project that has considered the climate change factor caused by central Nam Group as the investor is nearly VND 10,000 billion. This project was audited by the state audit and recommended the Ho Chi Minh City People's committee to negotiate the BT contract in the direction of avoiding the state budget losses.

As of the month 9/2019 new construction projects are 77% of the volume, the value of disbursement expense clearance compensation only reaches nearly 72 billion VND. Although it has gone over half way but due to a violation of some of the provisions in investment so recently the new project is adopted by the city People's Council through investment advocates, then made the adjustment of the design boundary of the base, the quality control steel fabrication Gate valves, are holding the Choice Consultant Unit supervisory contract BT led by the old consultant Unit withdrew related to complaints accusations of changing the design of the project base...

Currently, the Department of Planning and Investment of the city is chaired, in collaboration with the departments related to the nail, adjustments to the feasibility study report, advising the People's Committee of the city to sign an appendix to the BT contract in accordance with regulations. Renewal of the project's refinancing time has not yet been accepted. Besides, there are still five households in the district of houses and Binh Chanh have not handed over by yet unified compensation prices.

Management Board of investment in Ho Chi Minh City infrastructure (on behalf of the City People's Committee to supervise and evaluate investors ' obligations under the contract BT) petitions for the city People's committee to steer the Department of Planning and Investment urgently Evaluation, process of the city People's Committee approved the feasibility study report, prematurely negotiated the BT contract addendum to negotiate and sign with investors. In addition, the Investment Management Board of Ho Chi Minh City infrastructure has also petitions the City People's committee to steer the local district to complete the handover and complete the procedure for refunding the project.

According to the latest report of the Urban Railway Management Board (investor), from 2017 to January 9/2019, to remove difficulties in the payment of ODA for contractors, the city budget has been in the metro line number one more than 5,431 billion VND. The slow progress of ODA's capital disbursement.

One of the reasons is that the project is awaiting approval to adjust the total investment (the team capital from VND 17,000 billion to 47,000 billion), must reverse the completion of extraction from 2018 to 2020.

To remove difficulties in front of the eye, Mr. Bui Xuan Cuong, head of the Urban Railway Management Board, Petitions for the Department of Planning and Investment in coordination with the relevant units of staff of the city People's committee to petition the Prime Minister , The Ministry of Planning and Investment considers the supplementary procedures and reborrowing ODA for the No. 1 metro line in parallel with the adjustment of the project.

In addition, the leadership of the Urban Railway Management Board also petitions the City People's Committee to sign the loan agreement VN15-P5, considering the advance from the budget amount of VND 1,724 billion if the project does not promptly approve the adjustment and arrangement of ODA capital from the central budget in the quarter 4/2019.

At Metro Line 2 (total initial investment is 1.374 billion USD, after adjusting to 2.173 billion) according to the initial approved progress, the project will put into operation and exploited in 2018 but due to adjust the base design , changing the total investment should progress back to 2026. At present, only the CP1 bid has been started and completed.

The investor is implementing the procedure for implementing the tender package as well as coordinating with the relevant units to proceed with compensation clearance, signing the addendum to the contract, adjusting the project capital.

Tran Xuan Love