HCMC speeds up major projects in 2020

Politburo Member and Secretary of HCMC Party Committee Nguyen Thien Nhan stressed that 2020 is the year for the city Party Committee to focus on speeding up major projects, start work on 34 projects and complete 71 others with the total capital of VND62 trillion (US$2.67 billion).
The intersection between Ring Road No.2 and HCMC-Long Thanh-Dau Giay Expressway (Photo: SGGP)
The intersection between Ring Road No.2 and HCMC-Long Thanh-Dau Giay Expressway (Photo: SGGP)

He made the statement at a teleconference between the standing board of the city Party Committee and the standing boards of the party committees in 24 districts.

Making a statement at the conference, Mr. Nhan said that since early 2020, HCMC has implemented many major missions with the focus on Tet care and Covid-19 prevention and fighting operations. Among the obtained results, 715 out of 761 black spots polluted with garbage dump have been transferred into parks or playgrounds for children. He requested local authorities to continue handling the remaining spots and prevent garbage pollution from recurring in the places already converted into parks.

In 2020, the city will prepare for construction of 65 projects with the total capital of VND254 trillion (US$10.97 billion). The Government has permitted the city to apply the process to streamline compensation, site clearance and resettlement procedures so the city will be able to carry out projects faster than before.

At the event, vice chairman of HCMC People’s Committee Vo Van Hoan reported compensation and site clearance situation relating to the second metro line Ben Thanh-Tham Luong and the progress of building four stretches of Ring Rroad No.2. Of these, the stretch from Pham Van Dong street to Go Dua intersection started construction in December 2017 but compensation and construction have reached 64 percent and 42 percent of plan so far.

The behind schedule implementation has been due to slow site clearance and compensation, said Mr. Hoan. If the site clearance is done in the second quarter this year, the work will be built in the second quarter next year, he added.

According to Mr. Hoan, HCMC will start work on 34 large scale projects with the total investment capital of VND22.77 trillion ($982.63 million). Of these, 16 projects will break ground before the city Party Congress in October with the total funds of VND10.9 trillion and 18 projects will start construction after the congress with the total funds of VND11.9 trillion.

Moreover, 37 large projects with the total investment funds of VND39.38 trillion ($1.70 billion)are expected to be built in 2020.

A view of the teleconference (Photo: SGGP)