Private investment to be sought for long-delayed railway project

The Ministry of Transport has proposed the prime minister call on private firms to get involved in the Yen Vien-Pha Lai-Halong-Cai Lan railway project in the northern region, which was started 15 years ago but has been suspended.

Private investment to be sought for long-delayed railway project
A section of the long-delayed Yen Vien-Pha Lai-Halong-Cai Lan railway project - PHOTO: VNECONOMY

Voters in the northern province of Hai Duong had earlier requested the quick resumption of the project or the return of land, VnEconomy news site reported.

The project received the prime minister’s approval in 2004, with an estimated investment of nearly VND7.7 trillion, sourced from G-bond sales.

The railway was designed to be 131 kilometers long, starting from Yen Vien Station in Hanoi’s Gia Lam District, running through Bac Ninh and Hai Duong provinces and ending at Cai Lan Port in Halong City of Quang Ninh Province.

Of the total, 43 kilometers of the railway was planned as a new construction, while the remaining 88 kilometers would be the existing Kep-Halong railway, which would be upgraded.

The project was divided into four subprojects: Halong-Cai Lan, Lim-Pha Lai, Pha Lai-Halong and Yen Vien-Lim. For the Lim-Pha Lai and Pha Lai-Halong components, compensation, site clearance and the construction of some works have been completed.

However, the project was halted in 2011 following the Government’s Resolution 11/NQ-CP on major solutions to curb inflation, stabilize the macroeconomy and ensure social welfare.

The Ministry of Transport has reviewed the project, as required by the prime minister, and proposed the prime minister call on the private sector to develop the remaining components due to the tight State budget.

If private firms show interest in the project or the competent agencies can allocate capital for it, the ministry will coordinate with the localities that the railway will pass through to execute it.

According to the Ministry of Transport, about VND4.6 trillion has been injected into the project and it needs an additional VND6 trillion. Thus, the investment has increased to VND10.6 trillion from the approved capital of VND7.7 trillion, due to hikes in materials, manpower and site clearance costs.

Chinese contractor responsible for Cat Linh-Ha Dong project’s slow progress

 
Private investment to be sought for long-delayed railway project

File photo of a train of the Cat Linh-Ha Dong urban railway system. The Chinese contractor has been blamed for the project’s slow progress and cost overruns

The slow construction progress and cost overruns plaguing the Cat Linh-Ha Dong urban railway project in Hanoi are mainly due to Chinese contractor China Railway 6 Bureau Group, according to the Ministry of Transport.

The ministry has sent a response to the Hanoi delegation of National Assembly deputies regarding a request from voters to clarify the reasons for the delay and those responsible at long-delayed projects, such as the Cat Linh-Ha Dong urban railway project, the local media reported.

Accordingly, the ministry pointed out 12 causes for the slow progress and cost overruns of the railway project, including the Chinese contractor’s lack of experience and delays in the mobilization of additional investment for the project.

In addition, the ministry and the project management board accepted responsibility for the project’s mismanagement. The design consulting firm is responsible for the set-up of the investment project, and the Hanoi government must take the blame for delays in the handover of the cleared site for the project.

Meanwhile, the construction supervision consultant will be answerable for the construction, progress, quality and costs of the project.

Despite the direction of the Ministry of Transport and the relevant agencies, the project has moved at a snail’s pace.

The ministry has reported obstacles affecting the project’s execution to the prime minister, the Office of the Party Central Committee, the Ministry of Foreign Affairs and the Chinese Embassy in Vietnam to seek solutions to complete the project as quickly as possible.

The funding needed for the railway project has surged from the initial estimate of VND8.7 trillion in 2008 to a staggering VND18 trillion.

The project was started in October 2011 and was initially scheduled for completion in June 2014, but it has yet to be put into operation. SGT

 
 

Other News

.
India variant B.1.617 recorded in Vietnam
India variant B.1.617 recorded in Vietnam
SOCIETYicon  30/04/2021 

Vietnam has recorded first cases infected with variant B.1.617 originating from India, and all the patients are Indian experts entering from their home country.

Vietnam needs a revolution in legal education: expert
Vietnam needs a revolution in legal education: expert
SOCIETYicon  30/04/2021 

In Vietnam’s legal community, Dr. Victor Tran is one of the most influential figures. He is a role model of inspiration for the younger generations of legal students, practitioners, and researchers.

Ex-minister of industry and trade gets 11-year jail sentence
Ex-minister of industry and trade gets 11-year jail sentence
SOCIETYicon  30/04/2021 

The Hanoi People’s Court, on April 29, sentenced ex-minister of industry and trade Vu Huy Hoang to 11 years’ imprisonment for “violating regulations on the management and use of State assets, causing losses and wastefulness”.

Ministry of Health updates COVID-19 treatment regimen
Ministry of Health updates COVID-19 treatment regimen
SOCIETYicon  30/04/2021 

The Ministry of Health (MoH) has introduced several changes to procedures for the diagnosis, treatment and hospital discharge for COVID-19 patients and called on hospitals to ensure they have sufficient oxygen reserves.

Vietnam reports three domestically transmitted cases on April 30 morning
Vietnam reports three domestically transmitted cases on April 30 morning
SOCIETYicon  30/04/2021 

Vietnam recorded four new COVID-19 in the past 12 hours to 6am April 30, including three domestically transmitted infections and one imported, according to the Health Ministry.

Drilling wells behind spate of dangerous sinkholes: experts
Drilling wells behind spate of dangerous sinkholes: experts
SOCIETYicon  30/04/2021 

Land subsidence due to groundwater exploitation in Hanoi, as well as many other localities, has become a concern for the management of water resources.

More than 318,700 people receive COVID-19 vaccination
More than 318,700 people receive COVID-19 vaccination
SOCIETYicon  29/04/2021 

More than 318,700 people across the country have received both shots of the COVID-19 vaccination by Wednesday morning, according to the Ministry of Health (MoH).

Steering committee for COVID-19 vaccination safety debuts
Steering committee for COVID-19 vaccination safety debuts
SOCIETYicon  29/04/2021 

A steering committee for COVID-19 vaccination safety debuted at a video conference in Hanoi on April 28 that was connected to 63 cities and provinces nationwide.

Many localities suspend large gatherings amid Covid-19 concerns
Many localities suspend large gatherings amid Covid-19 concerns
SOCIETYicon  28/04/2021 

Many provinces and cities in Vietnam such as Hanoi, Thanh Hoa, Ha Tinh, Quang Ninh and Nghe An have decided to suspend festivals and large gatherings to prevent a possible resurgence of Covid-19, 

Remembering Truong Sa when April comes
Remembering Truong Sa when April comes
MARITIME SOVEREIGNTYicon  29/04/2021 

When April comes, Truong Sa seems to get closer to the mainland. 

Da Nang streets beautified with red flags before holiday
Da Nang streets beautified with red flags before holiday
SOCIETYicon  29/04/2021 

These days, across the streets of Da Nang, the biggest city in central Vietnam, red flags and banners can be seen celebrating the 46th anniversary of the Liberation of the South.

Concerned about Covid-19 strain in India, Vietnam urgently decodes genes
Concerned about Covid-19 strain in India, Vietnam urgently decodes genes
SOCIETYicon  29/04/2021 

The Indian strain of Covid-19 is more contagious and more fatal. Vietnam is rushing to sequence the gene in Covid-19 infections in four Indian experts who are currently in Vietnam. 

As land prices soar, land management in 26 provinces to be inspected
As land prices soar, land management in 26 provinces to be inspected
SOCIETYicon  29/04/2021 

The Ministry of Natural Resources and Environment has told local authorities to inventory land and report on land use. 

Vietnamese expats struggle amid India’s devastating COVID-19 outbreak
Vietnamese expats struggle amid India’s devastating COVID-19 outbreak
VIETNAM & WORLDicon  28/04/2021 

The Vietnamese community in India faces fear and uncertainty as COVID-19 spreads virtually unchecked in the country.

HCM City to tighten surveillance to ferret out illegal entrants from abroad amid COVID fears
HCM City to tighten surveillance to ferret out illegal entrants from abroad amid COVID fears
SOCIETYicon  28/04/2021 

HCM City is tightening surveillance to detect illegal entrants from other countries, its People’s Committee chairman, Nguyen Thanh Phong, said at a meeting of the city Steering Committee for COVID-19 Prevention and Control on April 26.   

Walking street, fireworks, festivals to be halted in Hanoi over virus fears
Walking street, fireworks, festivals to be halted in Hanoi over virus fears
SOCIETYicon  28/04/2021 

Hanoi’s authorities decided on Tuesday to halt festivals, close walking street areas, and limit unnecessary large gatherings in the capital city over coronavirus fears.

Health ministry issues guidelines on handling COVID-19 vaccine blood clots
Health ministry issues guidelines on handling COVID-19 vaccine blood clots
SOCIETYicon  28/04/2021 

The Vietnamese Ministry of Health has recently issued guidelines on protocols for diagnosis and treatment of rare brain/abdomen blood clots in the setting of low levels of blood platelets occurring after COVID-19 vaccinations.

Vietnam persists with COVID-19 prevention and control measures: Deputy PM
Vietnam persists with COVID-19 prevention and control measures: Deputy PM
SOCIETYicon  28/04/2021 

Deputy Prime Minister Vu Duc Dam on April 27 stressed the need to continue with measures for COVID-19 prevention, detection, quarantine, sealing off, stamping out and effective treatment.

Hanoi stops enrollment in dual-degree program, students and parents displeased
Hanoi stops enrollment in dual-degree program, students and parents displeased
FEATUREicon  28/04/2021 

Diep and her daughter were shocked about the news that Hanoi would stop enrolling students in the double-degree training program for the next academic year as they have been preparing for the entrance exam to the program for two years.

Vietnamese graduate from Harvard University encourages students to follow their own path, not the crowd
Vietnamese graduate from Harvard University encourages students to follow their own path, not the crowd
FEATUREicon  28/04/2021 

Tran Ha Duong, who has a doctorate in public policy from Harvard University and works for a large corporation in Vietnam, said for a long time the prestigious school was a far-fetched goal for him.

 
 
 
Leave your comment on an article

OR QUICK LOGIN