The official dispatch sent to Vietnam Expressway Investment Corporation said that recently, the Chairman of Bac Ninh Provincial People's Committee organized a working session with Vietnam Expressway Investment Corporation to consider the investment plan for the Noi Bai - Bac Ninh - Chi Linh expressway.
Attending the working session on the side of Bac Ninh province were Departments and sectors: Construction, Finance, Agriculture and Environment, Bac Ninh Provincial Traffic and Agriculture Project Management Board No. 1, 2, Chairmen of People's Committees of communes and wards: Yen Phong, Vo Cuong, Bong Lai, Phuong Lieu, Dao Vien, Phu Lang, Dong Viet.
After listening to the Vietnam Expressway Investment Corporation report on the investment plan for the Noi Bai - Bac Ninh - Chi Linh expressway, the present members exchanged relevant contents, the Chairman of Bac Ninh Provincial People's Committee agreed with Vietnam Expressway Investment Corporation on a number of contents as follows:
Agree to let Vietnam Expressway Investment Corporation study the investment plan for the Noi Bai - Bac Ninh - Chi Linh expressway.
Request Vietnam Expressway Investment Corporation to absorb the opinions of delegates at the working session; continue to proactively coordinate with departments, branches, and localities of the province where the road passes through to study in detail the investment plan for the expressway to ensure feasibility, efficiency, and promote socio-economic development of the locality and region; at the same time, ensure harmony of interests between people, the state and businesses.
Previously, Bac Ninh Provincial People's Committee had a document proposing to the Prime Minister to allow investment in the construction of the Bac Ninh - Pha Lai expressway, the section from Ring Road 4 to National Highway 18 in the form of public investment.
Based on existing transport infrastructure and regulations, Vietnam Expressway Corporation proposes to invest in the Noi Bai - Bac Ninh - Pha Lai expressway according to the PPP (public-private partnership) method.
Accordingly, Vietnam Expressway Corporation plans a number of options for project implementation, in which the most feasible option is the state budget to support site clearance and parallel road construction; Vietnam Expressway Corporation mobilizes capital to invest in highway construction in the form of PPP.
The total estimated investment is 11,964 billion VND.
