VSIP project worth over VND3,700 billion in Can Tho lacks sand for filling

Mr. Nguyen The Vu - Deputy General Director of VSIP Can Tho Joint Stock Company - said that the Vinh Thanh Industrial Park (VSIP) Project Phase 1 in Vinh Thanh District is urgently implementing site clearance to soon hand over land to secondary investors, but the project is facing difficulties due to a shortage of sand filling materials.

"If it follows the plan, the project has completed about 40 - 50 hectares of land to hand over to secondary investors. However, after the Lunar New Year 2025, the delay in leveling due to lack of sand will also lead to consequences for the implementation progress" - Mr. Vu shared.

VSIP Can Tho Joint Stock Company has signed a memorandum of understanding on cooperation with 18 potential investors, the total area of industrial land expected to be leased reaches 100 hectares, equivalent to 1/3 of the area in phase 1 of the project. However, the project is currently facing difficulties due to delays in granting Land Use Rights Certificates according to the provisions of the 2023 Law on Real Estate Business.

According to the Management Board of Can Tho Export Processing and Industrial Zones, up to now, the road connecting National Highway 80 to the industrial park is showing positive signals with 92% of the completed volume, expected to be basically completed by the upcoming April 30 holiday.

Meanwhile, another artery route connecting Vam Cong bridge to the industrial park has only reached 10% progress. The Project Management and Land Fund Development Board of Vinh Thanh District has worked with the contractor many times, but so far the construction is still delayed compared to the contract.

Currently, the unit is reviewing the documents to cut the contract with the contractor and appointing another capable unit to implement it, and it is expected that the project will be handed over for use by the end of September 2025.

Regarding compensation, support and resettlement, the project has basically completed procedures for 600 cases (reaching a rate of 100%). The resettlement area serving the project with a total investment of more than 513 billion VND is also being implemented with a progress of 62.2%. The unit has handed over about 300 plots in advance before the Lunar New Year 2025, expected to be completed synchronously in June 2025.

To solve the problem of filling material sources, VSIP Can Tho Joint Stock Company has proposed that the city give opinions to central ministries and branches on allowing the use of sea sand.

The Management Board of Can Tho Export Processing and Industrial Zones also recommended that the city direct relevant units to guide VSIP Can Tho Joint Stock Company to participate in sand mine auctions in the city, in order to stabilize investment unit prices and create a healthy competitive environment.

Recently, the People's Committee of Can Tho City has submitted a document to the Prime Minister for consideration and approval of the pilot policy of using sea sand as filling material for the VSIP Can Tho Industrial Park project of VSIP Can Tho Joint Stock Company, based on the technical solutions proposed by the project owner to ensure full implementation of regulations, standards, regulations on environmental protection and other relevant regulations.

At the project inspection on March 31, Secretary of the Can Tho City Party Committee Do Thanh Binh emphasized the requirement for VSIP to focus all resources to speed up the completion of project items; seek more partners to provide enough sand for filling and construction; at the same time, request the City People's Committee and departments, branches and sectors to actively support investors in resolving problems and promoting tasks so that secondary investors can hold a groundbreaking ceremony for factory construction before April 30, 2025.