Lam Dong delays completion of 400 billion VND traffic project

    HOÀI THANH |

    Lam Dong - The Cam Ly - Phuoc Thanh road construction project with a total investment of 400 billion VND has been approved to delay the completion and putting into use time.

    On October 5, Mr. Tran Hong Thai - Chairman of Lam Dong Provincial People's Committee signed a decision agreeing to adjust the implementation time of the Cam Ly - Phuoc Thanh road construction project from 2021 - 2024 to 2021 - 2025.

    Lam Dong Provincial People's Committee directed the Lam Dong Provincial Traffic Project Management Board to coordinate with relevant units under Da Lat City People's Committee and Lac Duong District People's Committee to speed up the progress of site clearance and urge the acceleration of project implementation progress.

    The Cam Ly - Phuoc Thanh road construction project was approved by the Lam Dong Provincial People's Committee with a total investment of 400 billion VND from the central budget. The project is invested by the Lam Dong Provincial Traffic Project Management Board.

    The construction package was won by the consortium of Investment and Construction Joint Stock Company 515 - Hung Nguyen Company Limited - Duy Ha Gold Company Limited - Construction and Investment Joint Stock Company 18.

    Currently, contractors are implementing the construction of items such as roadbed, drainage ditches, cross-culverts, retaining walls and asphalt pavement. The value of implemented output is estimated at 119.5/213.14 billion VND, reaching 56% of the contract value.

    Regarding disbursement, the capital allocated in 2023 is more than 108 billion VND. Currently, the investor has disbursed 100% of the capital plan for 2023. The capital allocated in 2024 is 104 billion VND. Currently, the investor has disbursed more than 40 billion VND, reaching 38.84% of the capital plan for 2024.

    Previously, Lao Dong Newspaper published an article "400 billion VND traffic project in Lam Dong asks to delay progress".

    The article reflects that the investor of Cam Ly - Phuoc Thanh road with a total investment of 400 billion VND has just requested a policy to adjust the project completion time after 2024.

    HOÀI THANH
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