On July 16, the National Assembly Standing Committee gave opinions on the investment policy for the Ring Road 5 - Hanoi Capital Region investment project; the adjustment of the investment policy for the Lao Cai - Hanoi - Hai Phong railway line investment project.
Deputy Minister of Construction Le Anh Tuan said that the Ring Road 5 - Hanoi Capital Region project is invested to form an expressway connecting Hanoi Capital with localities in the Region to meet sustainable transportation needs, contributing to creating spillover momentum and opening up a new space for economic development.
With a length of about 349km, the project passes through 7 localities: Hanoi City, Ninh Binh, Hung Yen, Hai Phong City, Bac Ninh, Thai Nguyen and Phu Tho.
The project includes a main route with a scale of 6 expressway lanes, design speed of 100 - 120km/h and a parallel road (side road) along the route with a minimum scale of 2 lanes, design speed of 60 - 80km/h.
Preliminary total investment is about 288.268 billion VND, including: the main expressway section is about 215.192 billion VND, implemented by the central budget; the parallel road section is about 73.076 billion VND, implemented by the local budget.
Based on analyzing the advantages and disadvantages of investment forms, to contribute to reducing logistics costs to attract investment and contribute to the implementation of the "double-digit" growth target, the Government proposes to invest in projects in the form of public investment, implementing toll collection after completion.
Regarding the adjustment of the investment policy for the Lao Cai - Hanoi - Hai Phong railway line project, the Deputy Minister of Construction said that this project was approved for investment policy by the National Assembly in Resolution No. 187/2025/QH15.
In the process of preparing the Feasibility Study Report, many new factors appeared affecting the project, so it is necessary to adjust the investment policy to improve project efficiency and ensure safety and sustainability.
Therefore, the Government proposes to adjust the main section from Nam Hai Phong station to Lach Huyen station into a branch line; add the railway section from Yen Vien to Gia Lam, about 8.4km long; add 2 branches connecting 2 existing railway lines to the stations of the Lao Cai - Hanoi - Hai Phong railway line.
At the same time, adjust the scale of the section from Bac Hong station to Nam Hai Phong station from single-track investment phasing to double-track investment. Supplement the item of relocating power projects over 110kV belonging to 2 projects accompanying the corridor managed by Hanoi City.
Based on updating the scope, scale, volume, unit price, exchange rate and policy, the preliminary total investment of the project is 289,975 billion VND, an increase of 86,744 billion VND compared to the preliminary total investment approved by the National Assembly.
Presenting the preliminary thẩm tra report, Member of the Party Central Committee, Chairman of the Economic and Finance Committee Phan Van Mai said that the Standing Committee agreed with the necessity of investing in the construction of Ring Road 5 - Hanoi Capital Region.
At the same time, it is proposed to continue reviewing and completing the preliminary total investment on the basis of fully updating data, ensuring accuracy, feasibility and suitability with the actual conditions of each locality.
Preliminary appraisal of the draft Resolution on adjusting the investment policy of the Lao Cai - Hanoi - Hai Phong railway line investment project, the Standing Committee of the Economic and Finance Committee found that the Government's submission to the National Assembly for consideration and decision to adjust the investment policy is appropriate and within its authority.
Regarding the preliminary total investment level, the Standing Committee proposed to continue to improve the basis for determining the total investment level; clarify the reasons for the increase and decrease of each item of expenses; and at the same time supplement cost control solutions in the project implementation process to minimize further adjustments in the implementation phase.
