THE SOCIALIST REPUBLIC OF VIET NAM
Government News
Gov’t to assist HCMC in implementing five key projects
VGP - Prime Minister Pham Minh Chinh said the Government will create favorable ways for Ho Chi Minh City to realise five key construction projects, namely the 1st metro line, Belt Road No. 3, Ben Luc- Long Thanh Expressway, Terminal 3 at Tan Son Nhat International Airport, and Ho Chi Minh City-Moc Bai Expressway.
Prime Minister Pham Minh Chinh (L) at the working session with leaders of Ho Chi Minh City, November 27, 2022 - Photo: VGP/Nhat Bac
The Government chief made the point on November 27 at a working session with the city's leaders on socio-economic development, public investment disbursement, and implementation of key construction projects.
Pham directed the Ministry of Finance, the Ministry of Construction, and the Ministry of Natural Resources and Environment to work together in order to resolve remaining issues of the first metro line. The Ministry of Finance was tasked to work with the Ministry of Planning and Investment (MoPI), the Ministry of Justice, and the Office of the Government to resolve procedures on loan borrowing.
He also requested relevant ministries and agencies to allocate adequate capital for the country's biggest economic locomotive to implement the Belt Road No. 3 construction project.
The Ben Luc- Long Thanh Expressway must be put into operation in 2024, the Prime Minister said.
The Government leader also agreed to set up a working group specializing in removing bottlenecks of the construction project of Terminal 3 at Tan Son Nhat International Airport.
Regarding the Ho Chi Minh City-Moc Bai Expressway, the MoPI and relevant ministries and agencies were tasked to early finalize the feasible report and submit it to the Prime Minister next month.
Ministries and agencies were assigned to work together on amendments of Resolution 54/2017 of the National Assembly on piloting specific mechanisms and policies for the development of the southern metropolis, the Prime Minister ordered.
The Government chief suggested HCMC steer resources to three growth drivers: consumption, investment, and export while taking the lead in science and technology innovation and innovation.
As of November 25, over VND 12 trillion of public investment capital had been disbursed, accounting for 34 percent of the total investment capital volume allocated to the city, which is lower than the national average rate of 43 percent, according to Chairman of the municipal People’s Committee Phan Van Mai./.