In 2014-2016, Hoa Lac – Hoa Binh road was built and
the Xuan Mai – Hoa Binh section of the National Highway 6 was upgraded using
the BOT model, costing 2.989 trillion VND.
The upgrade of the Xuan Mai – Hoa Binh section of the National Highway 6 has been completed and put into operation. Toll collection for the section began on October 20, 2015, with the fee set in line with the Finance Ministry’s Circular 122/2015 dated August 18, 2015. Meanwhile, construction on Hoa Lac – Hoa Binh road is underway and due to be completed this year.
Provincial authorities have worked with investors to clear barriers in site clearance and toll collection. At present, the construction of the Hoa Lac – Hoa Binh road is facing difficulties due to capital shortage. The provincial People’s Committee and the investor asked the NA delegation to help tackle the shortage in order to ensure the pace of the road project.
At the working session
At the working session, Chairman Nguyen Quang informed the NA delegation about the local socio-economic situation and difficulties in attracting investment for transport infrastructure. He asked the delegation to convey proposals to authorized agencies to revise policies and mechanisms to help disadvantaged provinces attract investment in infrastructure.
Members of the supervisory delegation discussed in details issues regarding mechanisms to attract transport investment, investor screening, project implementation, toll collection stations, BOT project mechanisms in poor areas and supervision processes. They also talked about the role of the local administration, NA deputies, Vietnam Fatherland Front chapters and community in monitoring toll collection.
Thanh noted the province’s difficulties along with efforts to direct site clearance and deal with emerging problems to help the investor carry out the BOT project. He said the delegation will make a report with recommendations to submit to the NA and government agencies, thus refining mechanisms to attract investment in infrastructure.
He also urged the province to provide continued support for investors in site clearance and awareness campaigns so the project can be completed on schedule on December 31, 2017.
L.C