The National Assembly Standing Committee supervises subsidence points of the BOT project on National Highway 1A.

(Baonghean.vn) - Detecting limitations and shortcomings to promptly propose solutions, thereby providing solutions to improve efficiency in encouraging investment and exploiting traffic works in the form of BOT in accordance with the law - that is the purpose of the thematic monitoring program on the implementation of legal policies on investment and exploitation of traffic works in the form of BOT.

The inspection team inspected the National Highway 1A expansion project, section Km368+400 (Nghi Son) - Km402+330 (Cau Giat), Thanh Hoa and Nghe An provinces. Photo: Thanh Le

In Nghe An province, the National Assembly's supervision delegation visited the following locations: The delegation directly inspected the site at the National Highway 1A expansion project, section Km368+400 (Nghi Son) - Km402+330 (Cau Giat), Thanh Hoa and Nghe An provinces under the form of a Build - Operate - Transfer (BOT) contract approved by the Ministry of Transport in Decision No. 412 dated February 20, 2013 with private capital by the Joint Venture of Corporation 319 - Cienco4.

The project will use the capital from toll collection at Hoang Mai toll station to recover capital from May 1, 2015. According to the contract between the Ministry of Transport and the Joint Venture Investor, the expected duration is 17 years, 5 months and 15 days.

Next, the field supervision team inspected the project of the different-level intersection between National Highway 1 and National Highway 48B, the section of National Highway 48B connecting from the intersection to Lach Quen port with a total investment of 371.11 billion VND (added to the project of expanding National Highway 1A, Nghi Son - Cau Giat section) and the Vinh City bypass project.

At the works inspected by the inspection team, the contractor and the BOT Project management unit, the Joint Venture of Traffic Construction Corporation 4 and Corporation 319 of the Ministry of National Defense, provided a number of issues related to capital sources, construction time, route length, management methods, and project exploitation after completion to the National Assembly's Supervision Team.

The team monitors the condition of rutting and rutting on National Highway 1A through Quynh Luu district. Photo: Thanh Le

Based on the actual results, the National Assembly Standing Committee's Supervisory Delegation will collect, review, and help the National Assembly Standing Committee re-evaluate the system of policies and laws on encouraging investment and exploitation of traffic works under the BOT model.

At the same time, it is necessary to detect limitations and shortcomings in order to promptly propose solutions, thereby perfecting the policy and legal system as well as providing solutions to improve efficiency in encouraging investment and exploiting traffic works in the form of BOT in accordance with the law.

After the field survey program, tomorrow morning (March 21), the Supervisory Delegation of the National Assembly Standing Committee will have a working session with the People's Committee of Nghe An province and related units on "Implementation of legal policies on investment and exploitation of traffic works under the form of contracts - build - operate - transfer (BOT).

Thanh Le