Adjusting 2 public investment projects

Thursday - 02/11/2023 16:25

(News Portal – Dong Nai) - The Provincial People's Council has just issued Resolution No. 29 on adjusting investment policies for a number of public investment projects in Dong Nai province. 

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A soon-to-be-upgraded corner of Ham Nghi Street in Long Khanh City 

Accordingly, 2 group B public investment projects are being adjusted: one project to upgrade Duy Tan road (section from Ngo Quyen street to Ham Nghi street, Long Khanh city), and the other one is the upgrade of DT.763 road section from Km0+000 to Km29+5000 (end of route) in Xuan Loc district and Dinh Quan district.

The project to upgrade Duy Tan road (section from Ngo Quyen street to Ham Nghi street, Long Khanh city) was approved by the People's Council Resolution on July 10, 2020. The road total length is approxiamately 1200m. The starting point of this route is adjacent to Ngo Quyen street, while the end point is adjacent to Ham Nghi street. The construction of this route will use hot asphalt concrete structure, with 10.5m of road surface, 5m wide paved sidewalks on each side, and 20,5m wide foundation. Additional construction of support infrastructure includes vertical drainage system, drainage system lighting, trees, traffic safety system.

The total investment of the project is about 113,62 billion VND, implementation time is from 2021 with a maximum implementation schedule of 4 years (2021-2015) using provincial budget capital. Now, the project is adjusted to 160,707 billion VND (of which, construction costs are about 50,162 billion VND; equipment costs are about 5,545 billion VND; consulting, project management costs and other costs are about 6,694 billion VND; contingency costs are about 9,542 billion VND; compensation, support and resettlement costs are about 88,764 billion VND).

The project to upgrade road DT.763, section from Km0+000 to Km29+5000 (end of route), in Xuan Loc district and Dinh Quan district, was approved in Document No. 764/HDND-VP dated October 21, 2015 of the Standing member of the Provincial People's Council; Resolutions No. 158, 22 and 03 of the Provincial People's Council in 2019, 2021 and 2022 aim to improve the road system to better serve the needs of travel and transport of goods, and ensure national security and defense, as well as social order and safety. 

The total investment of the project is about 821,912 billion VND with central capital of 170 billion VND, the remaining investment is from the provincial budget. The project implementation period is from 2019-2023.

This project has now been adjusted to have an investment capital of about 886,629 billion VND (of which, construction costs are about 399,225 billion VND; consulting costs, project management, other costs and remaining costs are about 53,523 billion VND; compensation, support and resettlement costs are about 378 billion VND; contingency costs are about 55,881 billion VND). The project implementation period is 2019-2024 with the Provincial Transport Construction Investment Project Management Board as the investor. ​

Author: Thanh Hoa

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