(HBO) – The Hoa Binh provincial Party Committee on August 25 held a meeting on the investment plan and commitment to allocate budget for the project of expanding Hoa Lac - Hoa Binh road.

Nguyen Phi Long,
alternate member of the Party Central Committee and Secretary of the provincial
Party Committee, speaks at the meeting.
At the meeting, Bui Duc Hinh, Deputy Secretary of the provincial Party
Committee and chairman of the provincial People's Council, introduced a
proposal by the Standing Board of the provincial Party Committee on the
expansion of the Hoa Lac - Hoa Binh road project under a Public-Private
Partnership (PPP) contract.
The project has a total investment of nearly 9.4 trillion VND
(389 million USD) to build a 23.4-km road including a 6.37-km section in Hanoi
and a 16.67-km one in Hoa Binh province. The province has chosen to invest in the construction of a 6-lane expressway
with a design speed of 100km per hour.
Participants in the meeting agreed that the investment project
to build the Hoa Lac - Hoa Binh road is an important work that has great impact
on the socio-economic development of the locality and the northwestern region.
It will open up traffic and create a new economic corridor in the region. The provincial Party Committee agreed on the scale and contract
form of the project as well the funding plan for it.
Concluding the meeting, alternate member of the Central Committee of the Party
and Secretary of the provincial Party Committee Nguyen Phi Long spoke highly of
the support and determination of the provincial Party Committee to implement
the project.
He agreed that the project has strategic significance in
connecting trade between the province and key economic regions and Hanoi,
contributing to attracting investment and promoting the socio-economic
development of the province and the region.
The provincial People's Committee, its departments, and relevant agencies were
asked to work with ministries and central agencies to ask competent agencies
for permission to implement the project according to regulations.
Administrative reform has been identified as a key priority in enhancing state governance, improving the business environment, and facilitating services for citizens and enterprises.
The Standing Board of the Hoa Binh provincial Party Committee met on March 18 to review and guide major investment projects aimed at boosting local socio-economic development.
The air is thick with the hum of drills and the clatter of machinery as the Hoa Binh – Moc Chau expressway takes shape amid the rugged terrain. Welding sparks illuminate the faces of workers, and concrete mixers churn relentlessly, laying fresh pavement on the newly-carved road. The construction site buzzes with a palpable sense of urgency, particularly in Hoa Binh province where the expressway's future is being forged.
The northern province of Hoa Binh, with over 467,000 hectares of natural forest and more than 100,000 hectares of production forest, holds significant potential for carbon credit market development.
Replacing substandard houses with more sturdy ones by June 30 is the direction given by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, at a meeting held in early March by the provincial Steering Committee for the programme to eliminate temporary and dilapidated houses for the needy.
Recognising digital transformation as an inevitable trend, authorities and agencies in Hoa Binh have made great efforts in the work by focusing on three core pillars - digital government, digital society, and digital economy, resulting in enhanced competitiveness, improved investment climate, and ensured economic and social welfare.