World Bank will cut capital for slow-progressing packages in Vinh Sub-urban project
(Baonghean.vn) - On the morning of November 3, at a working session with Nghe An, a representative of the World Bank assessed that the sub-project implementation time was almost over but many bidding packages were slow in progress.
Of these, 3 packages are facing the risk of breaking the schedule due to land acquisition and clearance problems: Upgrading and renovating Vinh ancient citadel moat; Building Vinh - Hung Tay road; Building the road connecting National Highway 46 with the Lam riverside road.
| On the morning of November 3, 2017, the World Bank delegation led by Ms. Phan Thi Phuong Huyen - Urban Expert, Head of the delegation and Ms. Sarah Lin - Urban Analyst of the World Bank, Co-Head of the delegation had a working session with the People's Committee of Nghe An province on the Vinh Urban Development Sub-project. Comrade Huynh Thanh Dien, Vice Chairman of the Provincial People's Committee received and worked with the delegation. |
After inspecting the project, the World Bank representative suggested that the provincial and municipal People's Committees should focus on resolving the problems. For households that are slow to move, there should be stronger and more decisive measures such as enforcement and construction protection to ensure the progress of site clearance, speed up the project progress, complete site clearance by November 30, 2017 and end the project by June 30, 2018.
For packages that are not completed on schedule as committed, funding from the World Bank will be cut off.
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| North Canal Section 3 - a completed item of Vinh Urban Sub-project. Photo: Vo Huyen |
Accepting the recommendations of the working group, Mr. Huynh Thanh Dien - Vice Chairman of Nghe An Provincial People's Committee committed to completing the site clearance progress and the progress of the entire project as required by the World Bank. Mr. Huynh Thanh Dien also hoped that the World Bank would study transferring the surplus capital to invest in the construction of a number of drainage and flood prevention items for the city such as: Vinh Ancient Citadel Moat connection ditch, the flood prevention system of the Regulating Lake, and the 3/2 Bridge connection ditch.
In response to the proposals of comrade Huynh Thanh Dien, the World Bank representative requested Vinh city and Nghe An provincial People's Committee to prepare a report for the Bank to study and resolve.
The Vinh urban development project funded by the World Bank has a total investment of 168.484 million USD. Of which, the World Bank loan is 98 million USD; Vietnam's counterpart capital is 1,269 billion VND. Up to now, the total ODA disbursed capital is 56.75 million USD, reaching 67% of the total current project capital. The counterpart capital has provided 1,096 billion VND. Currently, Vinh Urban Sub-project has completed 7 construction packages and is implementing the construction of the remaining 9 construction packages: Upgrading and renovating Bac Canal, Section 3; building Quan Bau resettlement area; building a regulating lake; upgrading and renovating the ditch around Vinh Citadel; building Hung Tay - Vinh road; building the road connecting National Highway 46 with the road along Lam River. |
Vo Huyen
