News from the People's Committee of Thanh Hoa province on October 29, the People's Council of this province has just issued a resolution to adjust the investment policy of the traffic road project from Bim Son Industrial Park to the coastal road section Nga Son - Hoang Hoa, with a total investment of no more than 1,117 billion VND.
In which, the capital structure includes: Public investment capital managed by the province to invest in project costs and compensation costs for site clearance in Ha Trung district has been arranged at 718.6 billion VND, of which the central budget capital is 716.6 billion VND, the provincial budget capital is 2 billion VND.
The investment capital for site clearance through Nga Son district includes: 120 billion VND from the provincial budget; 80 billion VND from increased revenue and savings from the provincial budget; the remaining amount will be covered by Nga Son district budget. According to the Resolution, the project is scheduled to be completed in 2025.
Previously, the People's Council of Thanh Hoa province issued resolutions to implement the above project. In particular, the traffic road project from Bim Son Industrial Park to the coastal road section Nga Son - Hoang Hoa has an actual length of 16,442m, passing through 3 localities (Bim Son town, Ha Trung and Nga Son districts).
The project has a total initial investment of 900 billion VND, implemented from January 1, 2022 to December 31, 2024, but to date, site clearance has not been completed, the construction volume has only reached about 57%.
According to Thanh Hoa provincial authorities, the main reason is that contractors have not yet mobilized human resources, machinery, equipment, and materials to carry out construction; at times there are not enough materials and machinery for construction.
Construction package (package No. 5) with a contract value of 564.82 billion VND, implemented by the consortium of Hoang Hai Construction Joint Stock Company (now Truong Phuc Construction and Trading Joint Stock Company) - Thanh Hoa Bridge Construction Joint Stock Company - Tan Thanh Joint Stock Company - Xuan Hung Construction and Trading Joint Stock Company.
Speaking to the press, Mr. Thinh Van Huyen - Chairman of Nga Son District People's Committee said that according to the direction, Nga Son district must complete the handover of the entire remaining site (831m2) to the investor and construction contractor before September 2, 2024, but due to many problems, it has not been completed.
According to Mr. Huyen, the implementation of site clearance work in Nga Son district is currently slow due to problems with some provisions of the 2024 Land Law, which will take effect from August 1, 2024.
Some households have not agreed with the compensation, support and resettlement plan, leading to petitions, and some households have even shown signs of defiance.
In addition, the total cost of site clearance according to the initial approved investment for the section through Nga Son district is 221.48 billion VND (including contingency). The funding requirement for site clearance is about 370.647 billion VND (an increase of 149.167 billion VND compared to the estimate in the initial total investment).
Up to now, the budget for site clearance has been arranged at 109,216 billion VND, still short of the approved project estimate of 93,602 billion VND and short of the current actual demand of 261,431 billion VND.
“The provincial leaders just met and decided to spend 200 billion VND for Nga Son district to have a source of funding to pay for households affected by the project. In the coming time, we will mobilize all forces to speed up the site clearance progress, basically completing it in October 2024,” said Mr. Thinh Van Huyen.
With the newly issued resolution, Thanh Hoa province authorities have increased the capital for the project to more than 200 billion VND in the hope of speeding up the project's progress.
