Ho Chi Minh City is implementing many key traffic projects imperatively; however, a series of problems related to the investment legal mechanism and sources of capital make it difficult to implement these projects as expected.
The Management Board of Binh Duong Province Traffic Construction Investment Project yesterday held a meeting in Binh Thang Ward of Di An City with local residents in order to announce the investment policy for the section passing Binh Duong Province of Ring Road No.3.
With the approval majority of delegates, the National Assembly (NA) approved three resolutions on the investment policy of three expressway projects including Khanh Hoa - Buon Ma Thuot expressway, Bien Hoa - Vung Tau expressway and Chau Doc - Can Tho - Soc Trang expressway for the first phase.
After the National Assembly's approval, the Government will issue a resolution to conduct both site clearance and investment project formulation at the same time. Expressway projects in the Southern region can't be delayed further.
The People's Committee of Ho Chi Minh City has recently assigned the Department of Planning and Investment to advise and submit a decision for investment preparation in transport projects approved by the People's Council of HCMC to supplement the medium-term public investment plan for the 2021-2025 period from the source of the medium-term public investment provision.
The People's Committee in Ho Chi Minh City petitioned the National Assembly to consider promulgating a Resolution to replace Resolution 54 so that the southern metropolis can continue to implement specific mechanisms and policies for rapid and sustainable development.
The National Assembly's Economic Committee held its sixth plenary session to examine the Government's report on investment policy for the Ring Road No.4 project in the Hanoi Capital Region and Ring Road No.3 project in Ho Chi Minh City on the afternoon of April 28, at the National Assembly House.
The People's Committee of Binh Phuoc Province informed that the Prime Minister has just signed Decision No.550/QD-TTg on approving the investment policy of the project of building and trading infrastructure in Hoa Lu Border-Gate Industrial Park.