The HCM City People’s Committee has issued a conclusion regarding outstanding issues in PPP (Public-Private Partnership) investment projects. Specifically, Thủ Đức City is being urged to expedite compensation and land clearance for the parallel road project from Mai Chí Thọ to the Vành đai 2 ring road.
The specialized meeting, chaired by Deputy Mayor Bùi Xuân Cường, involved HCM City leaders, relevant departments, and representatives from various entities. Significantly, Thủ Đức City’s representatives were absent.
Delayed Compensation and Land Clearance for the Parallel Road Project
Deputy Mayor Bùi Xuân Cường has urged the Chairman of the Thủ Đức City People’s Committee regarding the investment project for the parallel road from Mai Chí Thọ through the Nam Rạch Chiếc residential area to Vành đai 2 ring road (at the An Phú interchange along the Long Thành – Dầu Giây Expressway). Despite previous warnings, Thủ Đức City has not diligently implemented the necessary steps, resulting in delays in compensation and land clearance.
Thủ Đức City Chairman warned for delaying compensation in the project
The Deputy Mayor has required Thủ Đức City officials to learn from their mistakes and report on their progress by March 10th.
Urgent Completion of Other Projects
Beyond this matter, the meeting also addressed other projects needing expedited progress. The HCM City People’s Committee requested Nguyên Phương Real Estate Company to promptly finalize the feasibility study report and submit it to the Ministry of Planning and Investment (now the Ministry of Finance) for review. The company needs to work with Thủ Đức City to finalize a detailed compensation and land clearance plan to ensure completion in Q2.
Other projects, including the connection from Phạm Văn Đồng to the Gò Dưa – National Highway 1 intersection, the BOT Phú Mỹ Bridge project, and the BT project for the connecting bridge to the Phú Mỹ Bridge, were also discussed, with specific requirements for collaboration, review, contract negotiations, and reporting on outstanding issues.
Deadline and Construction Requirements
For transportation projects, HCM City leaders required entities to proactively mobilize personnel, machinery, and equipment for construction. Developers need to complete tasks such as the section from Mai Chí Thọ to Nguyễn Thị Định and the Bà Dạt bridge tunnel construction contract. All must be completed and operational in 2025, according to the schedule.
Conclusion
The HCM City People’s Committee meeting emphasized the need to improve compensation and land clearance efficiency and expedite the completion of crucial transportation projects. Specific requirements were outlined to ensure projects are implemented on schedule and benefit citizens.
