The Second-Tier City in the Mekong Delta Receives Over-10-Trillion VND Investment for Urban Upgrades

The project is an extensive undertaking, with 34 tenders released for implementation.

0
20

Recently, Vice Chairman of the People’s Committee of Hau Giang Province, Nguyen Van Hoa, chaired a meeting to report on the implementation of the project “Urban Expansion and Upgrade of Vietnam – Vi Thanh City Sub-project,” as reported by Hau Giang Newspaper.

According to Vi Thanh City People’s Committee, the project has a total investment of over VND 1,015 billion. The implementation period is from 2018 to June 28, 2024. The project scale includes 34 packages that were implemented, consisting of 6 construction packages and 28 consulting packages.

So far, the total value implemented is VND 873 billion 394 million/VND 949 billion 403 million, reaching 91.9% compared to the total project (excluding contingency capital); disbursement of the whole project is VND 832 billion 160 million/VND 949 billion 403 million, reaching 87.6% of the total project.

Mr. Nguyen Van Hoa, Vice Chairman of the Provincial People’s Committee, said that to ensure the project’s completion without violating any legal regulations, including those of the agreement, it is assigned to Vi Thanh City to carefully review the contents signed in the agreement. In addition, review the payment time, termination of the agreement, and the time to continue payment after the agreement ends (after June 28, 2024), and other stipulated contents. Refer to other provinces for uniform implementation.

Vi Thanh City, Hau Giang Province, receives a project with a total urban investment of over VND 1,015 billion. Illustrative image.

The Vice Chairman of the Provincial People’s Committee added: Up to now, the project has ended because the agreement has ended, including the investment policy for the project implementation until June 28, 2024. Based on the policy, the agreement, and related issues, the basis for proposing the Provincial People’s Committee to cut the unimplemented volume and at the same time determine the cause to serve as a basis for the Provincial People’s Committee’s consideration.

Assign the Department of Planning and Investment to advise the Provincial People’s Committee based on the report of the People’s Committee of Vi Thanh City. In addition, the People’s Committee of Vi Thanh City will chair and invite the members of the Steering Committee, related departments and branches to organize a meeting to provide dossiers, comments, synthesize and report to the Provincial People’s Committee, and officially propose answers to the contents and requirements of the World Bank…

The project “Urban Expansion and Upgrade of Vietnam – Vi Thanh City Sub-project,” Hau Giang Province, has a total investment of about VND 1,015,466 million, of which ODA loan capital is about VND 570,000 million, counter-capital is about VND 445,466 million, and the project implementation period is from 2018 – June 28, 2024.

In 2019, Vi Thanh City was recognized as a class 2 urban area

The project has 6 construction packages. According to the report of the People’s Committee of Vi Thanh City at the end of last year, according to Construction Newspaper, the package of constructing Nguyen Hue extended road has been completed and put into operation (value of VND 45.9 billion).

The package of expanding Road 1/5 reached 93.44%; the packages of Upgrading Lia 1, Lia 3 reached 85.16%; Lia 2, Lia 7 reached 91.47%; Renovating Cai Nhuc Canal and building Tam Giác Lake have a volume of 84.18%, Renovating Canal 62 reached 58.34%.

Vi Thanh City, belonging to Hau Giang Province, was upgraded from Vi Thanh Town in 2010. Before 1991, the provincial capital of Hau Giang was located in Can Tho City. When Can Tho City was separated under the central government, the provincial capital was moved to Vi Thanh Town. On July 1, 1999, Decree No. 45/1999/ND-CP was issued to establish Vi Thanh Town.

Vi Thanh is currently the provincial capital of Hau Giang Province.

In 2019, Vi Thanh City was recognized as a class 2 urban area.

In the first six months of 2024, Hau Giang’s economic growth was quite high. The economic growth rate (GRDP) in the first six months of 2024 reached 8.04%, ranking second in the Mekong Delta region and among the highest in the country.

The economic structure shifted in the right direction, with the industry-construction sector (sector 2) increasing by 39.47%. Per capita income reached VND 87.45 million, up 131.89% over the same period.

The disbursement of public investment capital was accelerated to ensure focus and suitability with the implementation capacity; inspection, supervision, and urging of contractors and consultants to speed up the progress of projects and works.

You may also like

Vietnam’s Largest Airport Aims for Substantial Completion by Late 2025, With Potential Metro Access?

This is the largest airport project our country has ever seen. An ambitious, groundbreaking development that will transform travel and connectivity for generations to come. With a vision to create a transport hub like no other, this project promises to be a gateway to the world, offering unparalleled convenience and efficiency. A true milestone in our nation’s history, it will leave a lasting legacy and set a new benchmark for airport design and functionality.

What Did Deputy Prime Minister Tran Hong Ha Say About Adjusting the Investment Policy for the 6.8-Billion-VND Highway Project, Which Passes Through a Province 135 km From Hanoi?

The Tuyen Quang-Ha Giang Expressway Project (Phase 1) spans a length of 77 kilometers, with 69.7 kilometers of new construction. This significant infrastructure development boasts a total investment of VND 6,800 billion.

“Securing Fuel Supply: The Prime Minister’s Directive for Uninterrupted Access”

The Prime Minister directs the Ministry of Industry and Trade to instruct gasoline and oil traders to secure their supply chains and ensure an uninterrupted flow of fuel to their distribution networks. The directive emphasizes the importance of proactive planning, urging traders to prepare for the upcoming year and beyond by developing comprehensive fuel plans for 2025 and subsequent years.

The Chairman of the 100,000-Employee Corporation Aims to Build a “Mega Port”: Prime Minister Confirms Vietnam’s Significant Advantage

The renowned Danish corporation is regarded as a leading global enterprise, with a formidable 120-year history. A powerhouse in its industry, the company’s longevity is a testament to its unwavering commitment to innovation and excellence. With a rich heritage that spans over a century, this organization has firmly established itself as a pioneer and a force to be reckoned with.

Celebrating the Best IR Performing Listed Company of 2024

On the morning of September 24, the IR Awards 2024 Ceremony was held to announce the results of the IR Voting and honor listed companies with outstanding IR activities.