Banning Ring Road 1 motorbikes: Deputy Director of Hanoi Department of Construction talks about support levels for people

Anh Tuấn - Sóng Hữu |

To make people and businesses feel secure in converting to green vehicles, Hanoi is studying and implementing a comprehensive support policy system.

At the seminar "Hanoi bans gasoline motorbikes by the hour: What calculations for infrastructure and livelihoods?" organized by Dan Tri Newspaper in coordination with the Office of the Hanoi People's Committee on December 9, Mr. Dao Viet Long - Deputy Director of the Hanoi Department of Construction informed about the support levels for people to change vehicles.

According to Mr. Long, to make it easier for people and businesses to switch to green vehicles, the city is studying and implementing a comprehensive support policy system to ensure the conversion process takes place smoothly, feasibly and in accordance with the actual conditions of the city.

Firstly, for people, especially gasoline motorbike owners, the city will have a mechanism to directly support in cash when switching to electric motorbikes. The current proposed common level is support of 20% of the vehicle value, up to a maximum of 5 million VND.

For poor households, the support can be up to 100% of the vehicle value, up to 20 million VND; for near-poor households, it is 80%, up to 15 million VND.

This is a very important policy group, because motorbikes are the main means of transportation for the majority of people in the capital. In addition to direct support, people are also supported with 30% of loan interest if they buy a car with installments within a maximum period of 12 months.

This significantly reduces the initial cost - which is the biggest barrier when people decide to switch to green vehicles.

Currently, the price of electric motorbikes is at a relatively affordable level for the majority of people. However, to make the conversion process more smooth, the city will proactively work with electric motorbike manufacturers and distributors to suggest that they continue to optimize costs, reduce selling prices and offer suitable incentive packages for the Hanoi market, which will help people access greener vehicles.

Second, for businesses, the city is considering having similar policies to reduce the cost of investing in new vehicles.

Passenger transport, cargo transport and public service providers will be supported with 30% interest on bank loans for a maximum of 5 years, and can borrow preferential loans from the City Development Investment Fund and Environmental Protection Fund.

This is a group of subjects with a high frequency of activities and high emissions, so strong support will promote the conversion process faster and more effectively.

Third, regarding fees - charges, the city will support 50% of registration fees for converted motorbikes and mopeds; poor and near-poor households will be supported at 100%. Other green vehicles are also supported with 50% of the first-time registration fee.

For taxis and buses, which are two groups with a large contribution to urban traffic, if they are converted and continue to use the issued identification license plate, they will be supported with 100% of the fee.

The city is also reviewing preferential price plans for parking services for green vehicles; in particular, businesses renting electric bicycles and public electric motorbikes are exempted from using roadways and sidewalks as parking spaces for up to 5 years (due to public purposes, sharing) and expanding the exemption of free public passenger transport tickets for students, students and workers in industrial parks.

Fourth, infrastructure is an issue of concern to many people and businesses. The city is studying to fully support units investing in public clean energy stations.

Including support of 30% loan interest, support of 50% of site clearance costs, and 100% exemption of land rent for the first 5 years for approved projects. Administrative procedures related to charging station investment will also be shortened and simplified to the maximum.

"It can be affirmed that this proposed infrastructure support policy not only helps businesses invest in charging stations feel secure in spending capital, but also ensures that people and transport units when converting will always have charging points, clean energy receiving points convenient for daily use" - Mr. Dao Viet Long said.

Anh Tuấn - Sóng Hữu
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