Upgrading many key routes

According to the Management Board of Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks, the current status of the local transport infrastructure has been invested in for many years and has seriously degraded over a long period of exploitation. Therefore, allocating investment capital to invest, renovate, upgrade existing infrastructure and invest in new projects is very necessary.

Previously, the People's Council of Quang Ngai province approved the investment policy of the project to upgrade and expand the traffic infrastructure system in Dung Quat Economic Zone with a total investment of 350 billion VND, with the Management Board as the investor, implementation period 2024-2027.

Leaders of Dung Quat Economic Zone Management Board and Quang Ngai Industrial Parks said that investment in transport infrastructure projects will focus on key, breakthrough projects, creating a premise for development.

Some roads in Dung Quat Economic Zone have degraded and need to be repaired and upgraded soon.

Specifically, upgrading, expanding and investing in new routes such as Tri Binh - Thien Dang roundabout (about 3.4km long); Thien Dang roundabout - Chu Lai (about 1.8km long); National Highway 1A - Tinh Phong - Binh Tan connecting route, phase 1 (about 1.5km long); Lam Vien - Van Tuong route (new investment in the last section of the route, about 1.1km long).

These are formative transport projects that increase connectivity with existing routes.

Leaders of Quang Ngai Provincial People's Committee said that new investment in traffic projects will gradually complete infrastructure in Dung Quat Economic Zone and attract investment.

It is known that the project to upgrade traffic infrastructure in Dung Quat Economic Zone has been assigned by the competent authority of Quang Ngai province to plan the medium-term public investment for the period 2022-2025 from the local budget of 100 billion VND. The remaining capital of the project will continue to be arranged in the province's medium-term public investment plan for the period 2026-2030.

Investment attraction motivation

The fact that Quang Ngai province issued a resolution allocating up to 350 billion VND in capital to invest in and upgrade traffic infrastructure in Dung Quat Economic Zone shows that the province is gradually concretizing the general planning for the construction of Dung Quat Economic Zone until 2045 approved by the Prime Minister.

Quang Ngai invests 350 billion to upgrade traffic infrastructure in Dung Quat Economic Zone to create favorable conditions to attract investment.

According to the Management Board of Dung Quat Economic Zone and Quang Ngai Industrial Parks, although the project has been approved for implementation, according to the plan, the project will be submitted to the competent authority for capital allocation to start construction in 2025 according to the assigned medium-term plan. However, the project has only been assigned a medium-term plan but has not been approved for investment by the competent authority, so it only meets one of the two conditions for annual capital allocation according to the provisions of Article 53 of the 2019 Law on Public Investment.

To be eligible to submit to the competent authority to assign the 2025 capital plan, the Management Board recommends that the Provincial People's Committee consider and approve the project investment to ensure the conditions for assigning the 2025 capital plan according to regulations.

Vice Chairman of Quang Ngai Provincial People's Committee Tran Phuoc Hien said that the Project to Upgrade and Expand the Traffic Infrastructure System in Dung Quat Economic Zone is of great significance, aiming to gradually complete the infrastructure system of traffic routes and technical infrastructure according to the planning, ensuring smooth connection in Dung Quat Economic Zone and surrounding areas.

“When formed, it will promptly meet the needs of transporting goods, supplies, materials and production and business activities of enterprises in the area. It will create favorable conditions for attracting investment, developing the economy and society; ensuring national defense - security, and traffic safety for people in the area”, the Vice Chairman of the Quang Ngai Provincial People's Committee emphasized.

The Vice Chairman of the People's Committee of Quang Ngai province assigned the Dung Quat Economic Zone Management Board and the provincial industrial parks, as investors, to actively coordinate with relevant departments, branches and localities to review and focus on investing in the construction of urgent projects in order of priority.

At the same time, focus on site clearance work, not to affect the progress of project implementation. Ensure resources to complete the project on time and ensure quality.