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22/04/2021

Ho Chi Minh City has 2 more projects with more than 12,000 billion VND

Ho Chi Minh City People’s Council has just approved the investment policy of 2 projects with a total investment of more than 12,000 billion VND, implemented in the period of 2021-2025.

At the 25th session (seminar) and summarizing the activities of the Ho Chi Minh City People’s Council on April 22, the delegates approved the investment policy of the An Phu intersection construction project (Thu Duc city) and project of Construction of infrastructure and environmental improvement of Tham Luong – Ben Cat canal – Nuoc Len canal.

The project of constructing infrastructure and improving the environment of Tham Luong – Ben Cat – Nuoc Len canal has a total capital of 8,200 billion. Of which, 4,000 billion is deducted from the central budget and 4,200 billion are taken from the HCMC budget. Implementation period is from 2021-2025. The investor of the project is the Management Board of the project of investment and construction of urban infrastructure works in Ho Chi Minh City.

The project will go through districts 12, Binh Tan, Tan Phu, Tan Binh, Go Vap, Binh Thanh and Binh Chanh.

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Project on improving Tham Luong – Ben Cat – Nuoc Len canal (red line), section running through Binh Tan district (HCMC). Photo: Google Maps

Construction project of An Phu intersection (Thu Duc city) with a total capital of 3,926 billion VND. In which, central capital is 1,800 billion dong, HCM capital is 2,126 billion dong. Implementation in the period of 2021-2025. The investor is expected to be the Management Board of Ho Chi Minh City Traffic Construction Investment Project.

The pre-feasibility report documents for these two projects have just been approved by the Ho Chi Minh City Appraisal Council on April 20.

According to the Ho Chi Minh City Appraisal Council, the construction of infrastructure and environmental improvement of Tham Luong – Ben Cat – Nuoc Len canal is carried out with a length of more than 32 km. In particular, the embankments along the two sides will be built with reinforced concrete, the entire canal will be dredged, widened and built new, renovating the marina, roads, drainage systems.

The investment in this project will help Ho Chi Minh City solve the problem of flood protection for the central area and the Northwest. In addition, the west of the city, the counterweight to the east, will improve traffic, develop tourism, transport goods, and embellish its appearance.

When the project is completed, the waterway and road axis are formed to help connect the districts as well as connect Ho Chi Minh City with the western and eastern provinces.

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An Phu intersection project has just been approved by the People’s Council of Ho Chi Minh City. Photo: Quynh Danh

For the construction of the An Phu intersection (Thu Duc city), the Ho Chi Minh City Appraisal Council said that investment is necessary to ensure synchronization with the Ho Chi Minh City – Long Thanh – Dau Giay expressway. deployment. Especially in the near future, when Long Thanh airport is built and put into operation, the new An Phu intersection will improve efficiency in the context of increasing traffic volume.

The An Phu intersection construction project has a scale of 3 floors, including HCMC – Nha Trang railway and Ho Chi Minh City – Long Thanh railway on the 1st floor. The remaining floors are overpasses, underground tunnels are arranged. in order to divert major traffic routes.

Ho Chi Minh City maintains the land price adjustment coefficient

Also at this meeting, the People’s Council of Ho Chi Minh City agreed to approve the report of the People’s Committee on keeping the land price adjustment coefficient as in Decision No. 03/2020 / QD-UBND dated January 16, 2020 of the City People’s Committee. HCM City.

According to the report, based on the principle and method of land valuation, the land price must be consistent with the popular land price in the market. However, when the Covid-19 epidemic affects the economy, the increase in the land price adjustment coefficient will make it difficult for land users and social security. Therefore, the City People’s Committee proposes to keep the land price adjustment coefficient.

On the morning of April 22, the Ho Chi Minh City People’s Council convened the 25th session (the thematic meeting) and summarized the activities of the Ho Chi Minh City People’s Council term IX, term 2016-2021. The meeting is scheduled to last in one morning with many important contents, related to human resource work and the investment and construction of a number of large-scale projects.

Under the program, members of the People’s Council of Ho Chi Minh City will vote and give opinions on the additional election of a vice chairman of the People’s Council.

Speaking at the opening, Chairman of the People’s Council of Ho Chi Minh City Nguyen Thi Le said this is an important meeting, connecting the term 2016-2021 with the new term.