Many Hanoi traffic projects have very low disbursement levels
TPO – It’s already the third quarter of 2024, but many Hanoi infrastructure development projects, including transportation projects, have very low disbursement. With Belt 1 projects; Upgrading and renovating National Highway 6 and Thang Long Avenue are all behind schedule and construction has not been completed.
Hanoi Statistics Department has just released the results of the disbursement report on transport and urban infrastructure development projects invested by the budget, showing that, as of 9 months of 2024, development investment capital in the city Hanoi reached 351.8 trillion VND, up 9.7% over the same period last year. Of which, State capital reached 130.3 trillion VND, an increase of 17.8%; Non-state capital reached 198.3 trillion VND, an increase of 5.2%; Foreign direct investment capital reached 23.2 trillion VND, an increase of 7.7%.
In 2024, Hanoi City has 226 concentrated capital construction public investment projects, of which 155 transitional projects with an investment of 205.5 trillion VND (2024 capital disbursement plan is 24.4 billion VND). trillion VND); There were 71 new projects started construction in the year with a total investment of 7.2 trillion VND (capital disbursement plan for the year is 1.1 trillion VND).
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Construction site of Hanoi Ring Road 4 project. |
In the transportation sector, the Department of Statistics said there are 58 projects, accounting for 19.5% of the capital disbursement plan. Up to now, key projects and works in the city are being urgently constructed, soon completing items according to the set plan. In particular, the Ring Road 4 – Capital Region project is being actively handed over by localities to construct the entire project to ensure the set schedule; Total disbursed investment capital for the project is about 12.6 trillion VND, construction progress reached 10.8%.
Ring Road 1 section Hoang Cau – Voi Phuc has not been completed for 14 years
However, the Statistics Department also released a list of some projects with low disbursement levels. Specifically, the Ring Road 1 project, section Hoang Cau – Voi Phuc, was started in 2010 but up to now, after 14 years of construction, it has not been completed. The project has a length of 2.3 km, a cross section of 50 m and includes 2 overpasses at the Lang Ha – Nguyen Chi Thanh intersection.
The starting point of the route intersects with Cat Linh – La Thanh – Yen Lang road at Hoang Cau (Dong Da district) and the ending point is at Voi Phuc intersection (Ba Dinh district). The investment in phase 1 of the project is more than 7.2 trillion VND from the city budget, of which construction costs are 627 billion VND and site clearance costs are 5.8 trillion VND. To date, the project has disbursed 37.8% of the assigned capital plan.
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The Ring Road 1 project, section Hoang Cau – Voi Phuc, has been suspended and behind schedule for many years. |
The project to renovate and upgrade National Highway 6 section Ba La – Xuan Mai has a length of 21.7 km, starting from the Ba La intersection in Ha Dong district to Xuan Mai Town, Chuong My district. The project will start construction in 2022 to upgrade to 4 – 6 lanes, design speed of 80 km/h, open roadbed width of 50m – 60m, contributing to completing the radial road connecting National Highway 21A Ho Street. Ho Chi Minh City and Ring Road 4 of the Capital Region. Total investment capital is 8.1 trillion VND from the city budget, of which over 5.1 trillion VND is for site clearance; 2.9 trillion VND in construction and equipment procurement costs. To date, the project has only disbursed only 8.8% of the assigned capital plan.
Thang Long Avenue expressway project, connecting from National Highway 21 to Hanoi – Hoa Binh expressway. The project was started in October 2023 with a total project investment of 5.2 trillion VND. Up to now, the project has disbursed 8.6% of the assigned capital plan.
