The Hanoi People's Committee has just issued a decision approving the investment policy for the project to invest in the construction of a road connecting Tay Thang Long Street to the inter-level school and the Dan Phuong District Judicial agencies.
According to the decision, the project to invest in the construction of a route with a total length of about 1.6km, including three sections: Section 1 is 475m long, Section 2 is 575m long and Section 3 is 550m long.
The cross-section of the route is 24m, of which the road surface is 14m wide and the sidewalks on both sides are 10m.
The main items include site clearance, construction of foundation, road surface, sidewalks, drainage systems, water supply, fire prevention and fighting and lighting systems.
This project aims to reduce traffic congestion on existing routes, improve people's travel conditions and connect resettlement areas with surrounding routes. In addition, the project also contributes to enhancing drainage capacity for the area, reducing environmental pollution and ensuring traffic safety.
The total investment of the project is estimated at 231.37 billion VND, mobilized from the budget of Dan Phuong district. The project is expected to be implemented in the period from 2025 to 2027 by the People's Committee of Dan Phuong district to carry out investment preparation work and perform the investor's authority tasks in investment preparation work; based on the specific conditions of the project, the investor deciding when approving the project will decide to assign the investor to implement the project.
The People's Committee of Dan Phuong district is responsible before the law and the People's Committee of the city for the accuracy and legality of the information and data presented in the project investment proposal report for appraisal and approval; develop a plan and have solutions to organize the implementation of the project to ensure continuity, efficiency, economy and compliance with the roadmap and orientation of administrative unit arrangement in the next phase.
Along with that, determine the volume, compensation costs, support for site clearance, and relocation of floating underground works when surveying and establishing investment projects to ensure closeness to the actual implementation volume; arrange resettlement (if any) for the project.
During the project establishment and implementation process, investors need to carefully assess the socio-economic and environmental impacts, ensuring the harmony of community interests, long-term efficiency and sustainable development. At the same time, evaluate the 5-year medium-term public investment plan 2021-2025 at the level of the State budget and develop a 5-year medium-term public investment plan 2026-2030.
Relevant departments such as Finance, Construction, Planning - Architecture, Agriculture and Environment coordinate to implement the project on target and with quality.
