Agree to expand the entire North-South expressway in the East under the PPP method

Agree to expand the North-South expressway in the East under the PPP method

The announcement stated: In Official Dispatch No. 16/CD-TTg dated February 21, 2024, the Prime Minister assigned the Minister of Transport (now the Ministry of Construction ) to urgently study investment plans and upgrade expressways that have been invested in according to a phased scale to reach the scale of complete expressways, in accordance with design standards. Deputy Prime Minister Tran Hong Ha chaired 02 meetings on studying investment in expanding sections of the North-South expressway in the East under the public-private partnership method, directing the Ministry of Construction to study optimal and feasible plans to avoid waste.

The Deputy Prime Minister acknowledged that the Ministry of Construction, the Ministry of Finance and the Ministry of Justice have implemented the direction of the Government leaders, proposing an investment plan to expand the North-South expressway in the East; the proposed plan of the Ministry of Finance and the Ministry of Construction is basically consistent (divided into 2 investment projects under the public-private partnership method), however, there are still differences in the investment phase plan; at the same time, there are still different opinions on the implementation of legal provisions in the case of investment expansion under the PPP method for public investment projects.

Before August 4, report to the Prime Minister on the investment plan to expand the project.

The Deputy Prime Minister agreed with the Ministry of Construction's proposal to expand the entire North-South Expressway in the East; in which, the Ministry of Construction will work with investors of 03 component projects implemented under the PPP method to study the expansion investment plan. For 15 public investment component projects, the Ministry of Construction will preside over and coordinate with relevant agencies to carry out investment preparation work under the PPP method.

The Deputy Prime Minister assigned the Ministry of Construction to prepare a report to the Prime Minister before August 4, 2025 on the expansion investment plan, clarifying the political basis, legal basis, economic basis, practical basis, planning, standards and norms; propose 01 optimal investment plan, specific mechanisms and policies (if any) for implementation as soon as possible. In case of investment phasing, there must be arguments and reasons. The proposed plan must be accompanied by a specific and feasible implementation plan (from the project preparation stage including establishment, appraisal, approval; organization of investor selection; construction, completion progress) to ensure the completion of the entire expansion investment in the period of 2026 - 2030.

According to VGP

Source: https://baothanhhoa.vn/thong-nhat-mo-rong-toan-tuyen-cao-toc-bac-nam-phia-dong-theo-phuong-thuc-ppp-256651.htm