Ben Tre adjusts to reduce the total investment of Phu Thuan Industrial Park project

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Ben Tre - Due to the lack of synchronization between public and private investment items, the Provincial People's Committee proposed to adjust and reduce the total investment of the Phu Thuan Industrial Park project.

According to report No. 792 of the Management Board of Investment and Construction Projects of Civil and Industrial Works of Ben Tre province, as of April 25, the investment project to build infrastructure for Phu Thuan Industrial Park (Phu Thuan Industrial Park project) affected 1,093 households. Up to now, the handover of the clean site has reached 100%.

The Phu Thuan Industrial Park project is also implementing the construction of 8/10 packages from the state budget, with the estimated construction volume reaching 52.21% of the contract value.

The Phu Thuan Industrial Park project (Binh Dai district, Ben Tre province) has an investment scale of about 231.78 hectares, including items such as: site clearance compensation, site leveling, construction of a traffic system, rainwater drainage system, wastewater collection system, transformer station, lighting system, trees and construction of a centralized wastewater treatment plant. This project has a total investment of 3,582 billion VND. Of which, the state budget capital of Ben Tre province is more than VND 3,443 billion; the remaining VND 138 billion will be implemented by other investors, including the following items: communication, water supply, low voltage stations for power supply. The project implementation period is from 2017 to 2025.

Tinh den ngay 25.4, du an Khu cong nghiep Phu Thuan dang trien khai thi cong khoi luong uoc dat 52,21% gia tri hop dong. Anh: Thanh Nhan
As of April 25, the Phu Thuan Industrial Park project is implementing construction with an estimated volume of 52.21% of the contract value. Photo: Thanh Nhan

Recently, Mr. Nguyen Minh Canh - Vice Chairman of Ben Tre Provincial People's Committee - signed, on behalf of the Chairman of Ben Tre Provincial People's Committee, a document No. 3399 to the Ben Tre Provincial People's Council on approving the Resolution on adjusting the investment policy for the Phu Thuan Industrial Park project.

According to this report, the reason for the proposal of adjusting the investment policy of Phu Thuan Industrial Park project is that the items are implemented by other investors as synchronously with the investment items with budget capital, making the project unable to complete according to the approved schedule.

In addition, items implemented by other investors must comply with the procedures of the Law on Investment; while items invested with state budget capital must comply with the procedures of the Law on Public Investment.

At the same time, implementing the recommendation of the State Audit when conducting a thematic audit on environmental management activities in industrial parks and industrial clusters in the period of 2021-2023 in Ben Tre province in 2024, the investment content of investors needs to be adjusted out of public investment projects because it must be implemented according to the process and procedures of the Investment Law.

Cong nhan lao dong thi cong du an Khu cong nghiep Phu Thuan (huyen Binh Dai, tinh Ben Tre). Anh: Thanh Nhan
Workers constructing the Phu Thuan Industrial Park project (Binh Dai district, Ben Tre province). Photo: Thanh Nhan

From the above issue, the People's Committee of Ben Tre province submitted to the Provincial People's Council to adjust the total investment, reducing from 3,582 billion VND to more than 3,443 billion VND. At the same time, adjust the content of other investors implementing items such as: communication, water supply, low voltage power supply stations, with a total cost of more than 138 billion VND.

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