The Government has issued a Resolution to implement Resolution No. 1213 of the National Assembly Standing Committee on the transformation of the investment form of these two projects.

The resolution assigns the Ministry of Transport to approve the adjustment of the two component projects according to regulations. The Ministry is also assigned to review, determine and take responsibility for the accuracy and reasonableness of the adjusted investment capital of the two component projects.

The Ministry of Planning and Investment was asked to coordinate with the Ministry of Finance to arrange capital for these projects.

Chairmen of the provinces and cities where the two expressways pass through are responsible for site clearance.

The Ministry of Transport has to urgently implement following procedures to meet the deadline for the completion of the two projects in 2023.

On February 4, the National Assembly issued a resolution on changing the investment form of these two component projects to public investment.

It is expected that the change of investment mode to public investment will promote disbursement of public investment capital, production, supply of construction materials for projects, and create jobs and income sources for workers. Domestic enterprises will directly implement projects expected to spur economic growth.

Vu Diep

North-South Highway: slow site clearance and material shortage

Some provinces have failed to meet the Prime Minister’s deadline for site clearance for the eastern part of the North – South Highway.