Regarding disbursement of some major public investment projects and important national projects, the Ministry of Planning and Investment said for the Eastern North-South Expressway project, the total disbursed capital of 11 subprojects was 5,530 out of VND 8,970 billion of the 2020 plan, reaching 61.6% in the progress of project implementation and disbursement of this project basically meets the plan.

Eleven subprojects of the North-South Expressway Project were disbursed 61.6%

According to a report from the Ministry of Transport, three subprojects which are being implemented in the form of public investment (including sections Cao Bo - Mai Son, Cam Lo - La Son, My Thuan 2 Bridge and a road to connect the two bridgeheads) have been disbursed 1,755 of VND3,400 billion of the 2020 plan (including site clearance and construction), reaching 51.6%, of which, site clearance has been completed by about 93%.

For fivesubprojects implemented in the form of public private partnerships (including sections National Highway45 - Nghi Son, Nghi Son - Dien Chau, Dien Chau - Bai Vot, Nha Trang - Cam Lam, Cam Lam - VinhHao), disbursed capital for the site clearance was  2,084  of VND 3,016 billion as planned in 2020, hitting 69.1%.

The three new subprojects approved by the National Assembly to convert investment from PPP into public investment (including section Mai Son – National Highway 45, VinhHao - Phan Thiet, Phan Thiet - DauGiay) have disbursed 1,690 of VND 2,554 billion as planned in 2020, hitting 66.2%.

“Currently, the Ministry of Transport has organised and approved the adjustment of investment projects, technical design and estimates; and project management units have issued bidding documents to contractors, the first bidding packages are expected to commence in September 2020 according to the direction of the Prime Minister” Minister of Planning and Investment Nguyen Chi Dung said.

Another major project is the project for land acquisition, compensation, support and resettlement of Long Thanh International Airport and the Ministry of Planning and Investment said this project was assigned a medium-term public investment plan from the central budget for 2016 - 2020 of VND 18,500 billion and allocated an accumulated capital from 2018-2020 of VND 18,195,035 billion (2018 plan: VND 4,500 billion; 2019 plan: VND 6,990 billion and 2020 plan: VND 6,705,035 billion).

According to Resolution No. 53/2017 / QH14 dated 24/11/2017 of the National Assembly on the feasibility study report on the project of land acquisition, compensation and resettlement of Long Thanh international airport, land acquisition, compensation, support, and resettlement are conducted once and completed before 2021. At the same time, in Report No. 3696 / BC-UBND dated 3/4/2020, the People's Committee of Dong Province Nai committed to disbursing all of the assigned capital in 2020.

Recently, Dong Nai province directed departments and agencies to actively implement and promote disbursement. However, in the first eight months of 2020, the project disbursed VND 1,376,187 billion, the accumulated disbursed capital up to now was VND 2,513,655 billion, 13.82% of the assigned plan.

According to a report from Dong Nai People's Committee, some difficulties in the project implementation process are because the shape of the land plot between the dossier for issuing the certificate of land use right and the current status has changed, the following land plot area has increased or decreased; there are still many land plots without information on name of owners, or with a name of owners but without an address.

However, from now to the end of 2020, the province will complete all site clearance and the handover of 1,810 hectares of land in priority areas in 2020; continue to count and make compensation plans for remaining areas in 2020 and hand over sites in the second quarter of next year.

According to the Ministry of Planning and Investment, the capital disbursement rate allocated to this project is very low and it is difficult to complete the site clearance and hand over of 1,810 hectares of land, disburse all assigned planned capital and complete site clearance of the project before 2021.

With the My Thuan - Can Tho Expressway Project, the Ministry of Planning and Investment said the project has total investment of VND 4,827.32 billion, using 100% of state budget capital.

Regarding capital sources, on April 15, the Prime Minister assigned VND 932 billion of medium-term public investment plan for the project from the general reserve source. As of April 29, the Ministry of Transport assigned VND 932 billion for the project. The remaining VND 3,895.32 billion will be balanced by the Ministry of Transport in the medium-term public investment plan for 2021-2025.

The investor (Cuu Long Corporation) has posted a biding invitation and the plan until August 20will approve the result of contractor selection and sign the contract of survey and design package. The time for approving the technical design and cost estimate is expected to be on October 15(45 days after the contractor selection is made).

Regarding progress of the construction and installation work of the project, according to the Ministry of Planning and Investment, the contractor selection is expected to be organised from October 20; the approval of contractor selection results and signing contracts will be conducted before December 15,and the project will start by the end of 2020. The project will open for traffic in 2022 and finish in the second quarter of 2023.