Deputy Prime Minister Trinh Dinh Dung on July 30 urged the transport sector to speed up the implementation of major projects and public investment disbursement in the time ahead.
The Ministry of Transport has approved bidding documents for five component projects of the North-South Expressway to be implemented under the public-private partnership (PPP) format.
The State Capital Investment Corporation (SCIC) has targeted disbursing investment of VND13-16 trillion (US$561-690 million) annually to focus capital on key industries and sectors to promote economic growth.
VOV.VN - The National Assembly (NA) is to convene its plenary session in Hanoi on June 8 and approve a resolution on ratification of the European Union – Vietnam Free Trade Agreement (EVFTA).
Boosting the disbursement of all planned public investment would help increase this year’s gross domestic product (GDP) by 0.42 percentage points, according to the General Statistics Office (GSO).
VOV.VN - The Ministry of Planning and Investment has proposed withholding investment next year for projects that had been slow to disburse their allocated funding in 2019.
The management boards of the North-South Expressway’s sub-projects have received applications from 32 domestic investors and joint ventures.
The government will invite fresh tenders with lowered criteria for the North-South Expressway from local investors next year after ruling out foreign investors.
Vietnam’s transport sector is working to attract more funding in public-private partnership projects, from both domestic and foreign sources, in order to serve growing economic development needs.
It’s time for Vietnam to build an expressway on its own, experts say.
Almost all 36 investors who are interested in developing subprojects of the big-ticket North-South Expressway are South Korean and Chinese enterprises, with two coming from France.
The investors selected to develop the North-South Expressway will have to have successfully developed at least one similar project in an overseas market.
Many investors from the Republic of Korea, Japan and China are looking to join the North-South Expressway project, according to Deputy Minister of Planning and Investment Vu Dai Thang.
The management board of the North-South Expressway project will issue prequalification documents to bidders of the National Highway 45-Nghi Son section of the project from May 8 to July 8, according to Cao Viet Hung, head of the board’s Planning Office.
The Vietnamese Ministry of Transport (MoT) will hold an investment promotion conference next week to introduce investment opportunities in the Eastern Cluster of the North-South Expressway project in the 2017-2020 period.
Deputy Prime Minister Trinh Dinh Dung has highlighted the decisive role of land clearance to the success of the North-South expressway project during the 2017-2020 period, ensuring that the construction begins in 2020 and the expressway is put into service one year later.
Prime Minister Nguyen Xuan Phuc has approved a project on passenger transport quality supervision and safe traffic.
The Ministry of Transport (MoT) has approved plans to select contractors for 11 sub-projects of the North-South expressway project, according to the ministry.
The Ministry of Transport (MoT) will sell bidding documents to select investors for the North-South expressway project in the coming time, said Nguyen Danh Huy, head of the ministry’s Department of Public-Private Partnership (PPP).
The Ministry of Transport (MoT) put into operation 13 works and projects in the first nine months of this year, including major ones such as Cao Lanh Bridge and Da Nang-Quang Ngai Expressway.