Proposal to clarify the basis for calculating the investment rate of Gia Binh airport project

ANH HUY |

The Gia Binh airport project has a total investment of about VND196,378 billion; of which phase 1 is about VND141,236 billion, phase 2 is about VND55,142 billion.

On November 6, the 51st session of the National Assembly Standing Committee gave opinions on the Government's Submission to the National Assembly on approving the investment policy for the Gia Binh International Airport Construction Investment Project.

Presenting the proposal, Minister of Construction Tran Hong Minh said that the purpose of investing in building Gia Binh International Airport is to meet the needs of socio-economic development, serve dual-use exploitation to ensure security - defense activities and important foreign affairs events, including the 2027 APEC Summit.

The report stated that the project is invested with a scale of level 4F according to the standards of the International Civil Aviation Organization (ICAO); meeting the needs of exploiting about 30 million passengers/year and 1.6 million tons of cargo/year in the period up to 2030; about 50 million passengers/year and 2.5 million tons of cargo/year with a vision to 2050.

The submission clearly stated that the project has a total investment capital of about VND 196,378 billion; of which phase 1 is about VND 141,236 billion, phase 2 is about VND 55,142 billion.

The project is invested with investor capital, including equity and legally mobilized capital. As planned, the project is divided into 2 phases. Phase 1 (from 2025-2030). Phase 2 (from 2031-2050).

To meet the above requirements, according to the Minister of Construction, the project needs to have specific mechanisms and policies to shorten the preparation time and related administrative procedures.

The Government proposed that the National Assembly allow the People's Committee of Bac Ninh province to relocate historical and cultural relics (at all levels) during the implementation of compensation, support, resettlement and investment in project construction.

At the same time, the relocation is carried out on the basis of a plan decided by the People's Committee of Bac Ninh province, ensuring maximum preservation and promoting the value of the relics.

Reviewing this content, Chairman of the Economic and Financial Committee Phan Van Mai said that the Standing Committee of the Committee proposed to assess the feasibility of the progress for APEC 2027, especially in the context of many problems in compensation, support, resettlement, relocation of technical infrastructure and geological conditions.

The Economic and Financial Committee also proposed to clarify the basis for calculating project investment rates, comparing investment rates with equivalent airport projects in the area, and adjusting to local prices to choose appropriate and optimal cost levels.

Regarding capital, it is necessary to clarify the possibility of arranging loans of about VND 167,000 billion, and supplement calculations on the impact of interest costs when compensation, support, and resettlement progress is delayed.

The Standing Committee of the Economic and Financial Committee also proposed to study and supplement specific regulations on the relocation and post- relocation handling of 25 historical and cultural relics within the project scope.

It is necessary to develop a detailed conservation plan, assess the impact and the mechanism for monitoring relocation, clearly identify the appraisal and management role of the Ministry of Culture, Sports and Tourism. At the same time, applying modern scientific and technological solutions to ensure the preservation of original values, avoiding deformation of relics.

It is necessary to clearly define responsibilities, deadlines, reporting mechanisms and post-inspections for the People's Committee of Bac Ninh province in the process of implementing land procedures, compensation, support, resettlement, and relocation of relics.

ANH HUY
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