Tide prevention project
The tidal barrier project is immobile, who will pay the interest of 1.7 billion VND/day?
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Among the projects that have caused waste due to being "shelved", the most infuriating is the tidal dam project in Ho Chi Minh City.
Tide prevention project behind schedule, burdened with 2,500 billion VND in loan interest
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HCMC - The flood prevention project with a total capital of nearly 10,000 billion VND after 6 years of delay has incurred interest of about 2,500 billion VND, an average of 1.73 billion VND per day.
Ho Chi Minh City wants to hand over land in advance to investors of tide prevention project
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Ho Chi Minh City proposed prepayment using land funds to create conditions for investors to mobilize capital to complete the unfinished tide-blocking project.
The super tidal barrier project in Ho Chi Minh City had its capital cut by 6,800 billion VND
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Due to problems that prevented the tide prevention project from disbursing VND6,800 billion in 2024, Ho Chi Minh City decided to transfer capital to other projects.
Ho Chi Minh City rescues 10,000 billion VND tide prevention project stranded for 4 years
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Ho Chi Minh City proposed to the Prime Minister many solutions to remove obstacles to the nearly 10,000 billion VND tide prevention project that has been "stranded" for nearly 4 years.
