The HCMC Center for Urban Flood Prevention is requested to inspect and sign for confirmation of done workload documents for the project's loan disbursement.
Still the needed space for the project in District 7, District 8, and Binh Chanh has yet been available. Therefore, to ensure the schedule, the company has to hire necessary land from citizens, costing around VND10 billion (approx. $431,133).
Answering the question regarding the quality of this project due to long construction halt, especially tide control sewers, the company representative stated that before the delay, most of the foundation parts had already been finished with ensured safety operation. Right now, 72 percent of the total workload is done, and the rest will be completed after the Lunar New Year.
Reports show that the delay wastes VND200 billion ($8.6 million) while the national budget is heavily affected by loan interest.
Mr. Nguyen Tam Tien shared that the HCMC People’s Committee has had an independent third party to re-inspect the steel quality at all sewers to control tides. The Ministry of Agriculture and Rural Development will be in charge of this designation.
The project ‘Urban Flood Prevention in HCMC due to High Tide, Considering Climate Change’ (the first phase) costs nearly VND10,000 billion ($431 million). It was temporarily terminated at the end of April 2018. According to the Building – Transfer contract (BT contract), it is supposed to complete in June 2019.
