Belt path “haunted” | Finance – Business



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Urgent, 10 years have not yet “given in”

Ho Chi Minh City’s transportation system is considered to be overloaded and becomes one of the biggest barriers hampering the development of Vietnam’s main economic center. Every year, the Department of Transportation and the Ho Chi Minh City People’s Committee continually publish a list of hundreds of projects that need to be implemented with capital of up to several billion dollars. It should be mentioned that the most important projects such as the continuous ring road network are listed in the list of urgent projects, identified as the main task of the urban transport industry in each term, but in fact the top latest projects in Ho Chi Minh City .

The longer it is left, the greater the risk of raising capital, not only the streets but also the project itself is concerned about “stalling” because
solve financial problems

A leader from the HCM City Department of Transportation

According to the plan, Ho Chi Minh City will have 3 ring roads with a total length of about 356 km. In which, Ring Road 2 is responsible for distributing the flow of traffic in the inner city area; Ring Road 3 and Ring 4 are regional links connecting industrial parks and urban areas in the Southern Key Economic Region. However, so far, the city has only put into operation about 71 km of ring road (ring road 2 is about 55 km, ring road 3 is more than 16 km), ring road 4 is still in the project preparation process, not yet to be invested in construction. In particular, Ring Road 2 is only 14km long, but not closed yet, but the projects have been in trouble for many years and cannot be completed.

According to the latest report from the Department of Transportation, the 14 km unfinished are divided into 4 sections corresponding to 4 projects, including: the section from Phu Huu Bridge (District 9) to the Hanoi Highway, the section from the Hanoi Highway to Pham Van Dong Street (Thu Duc district), section 3 from the Pham Van Dong – Go Dua intersection, NH1 (Thu Duc district) and section 4 from NH1A – Nguyen Van Linh. In which the first and second tranches are waiting for almost 4 years, the investment policy has not been approved to serve as the basis for its implementation.

Recently, the Department of Transportation has submitted an execution plan with budgetary capital, but it is still “stuck” in the Department of Planning and Investments, which has not been approved. Paragraph 4 is also difficult in terms of capital, so the proper investment plan has not been finalized. Section 3 of the Pham Van Dong – Go Dua intersection, which has been under construction since 2017 with a total investment of more than VND 2.1 billion, is also suspended. The reason is that the Department of Natural Resources and Environment and the Department of Finance have not finished reviewing, reporting and drafting documents for the People’s Committee of the City to present to the Prime Minister for consideration and approval of land to pay to investors under the contract; Site clean-up progress by Thu Duc district is still slow and investors are slow to prepare project adjustment documents.
Cuu Long Traffic Infrastructure Project Development and Management Company (CIPM – the unit assigned by the Ministry of Transport as investor) has just presented to the Ministry of Transport the report of the pre-feasibility study of the Ring Road 3 project (Thu approved in 2011). Consequently, 2 projects from Component 1, 1A and 1B, in the Tan Van – Nhon Trach section, have identified sources of capital and investment methods, and are expected to be implemented in the first quarter of 2021.

Slowly closing Ring Road 4 causes heavy traffic pressure on Ring Road 3 (Hanoi)

Hanoi is also “in no rush”

Always compared to Ho Chi Minh City in the speed of implementation of transportation infrastructure projects, especially the fairly comprehensive ring road system when planning to roll out Ring Road No. 5 with a length of 320 km, but the Hanoi’s capital can not escape the suffering of the ring road.

The report of the Ministry of Transport says that, after almost 9 years of being approved by the Prime Minister, the planning of Ring Road 4 in the capital region of Hanoi, and after 6 years of approving the planning of the highway Hanoi Ring Road 5, implementation progress all projects do not meet planning requirements.

According to the Prime Minister’s Decision 1278 / QD-TTg in 2011 approving the detailed planning of Ring Road 4, the entire route is 98 km long, the scale of a 6-lane highway, the investment cost is of approximately 66,500 billion VND. , built before 2020, in which the section passing through Hanoi will be completed before 2018. After 4 years, the Prime Minister continues to approve the detailed planning of Ring Road 5 with a length of about 348 km, the section from high Cau Gie Highway – Ninh Binh to Hanoi – Lang Son, highway scale from 4 to 6 lanes, the remaining section is the scale of grade 2, 4 with 6 lanes, in a period until 2030, complete the highway to reach the scale 4 lanes, investment cost around 59 billion. The source of capital is determined from the state budget capital, ODA capital, exploitation of the land fund of the localities through which the route passes. In addition, the ring routes are separated into independent projects following each locality, the Popular Committees of the provinces and cities formulate projects, mobilize capital in the form of PPPs.

However, with Ring Road 4, so far only Hanoi has made investment proposals in component projects in the form of BT, but has not approved investment proposals (53.52 km in length). The remaining routes through Hung Yen (19 km) and Bac Ninh (21 km) have not yet made investment proposals for the project.

Representatives from Project Management Unit 2 (PMU 2), the unit assigned by the Ministry of Transportation to prepare a pre-feasibility study report for the Belt 4 project, said it is reviewing and updating all of the highway planning for Beltway 4 approved for early submission to the Ministry of Transport to report to the Government in 2021. Including some adjustments in the planning of the route through the industrial zones of Bac Ninh and Hung Yen provinces.

With belt 5, the requirement is completed in 2030, but only 62/331 km have been exploited (equivalent to 18.7% of the planned length), the progress of the investment is very slow compared to the plan. Part of the investment of the Ministry of Transport is the sections that coincide with national highways and highways (127.9 km long), 25 km of highways have been invested and put into operation.

(12 km coincide with the Hanoi – Thai Nguyen highway, 14.5 km coincide with the Noi Bai – Lao Cai highway). The remaining 102.9 km on the same national highway have been reversed with a 2-lane scale (Ho Chi Minh Highway, Vinh Thinh Bridge, route connecting 2 roads) but not reversed as planned (4 lanes).

Ho Chi Minh City has just put into operation some 71 km of ring roads

Slow and clogged

The Ministry of Transport assessed that the delay of Belts 4 and 5 in Hanoi causes many urban roads to function as urban highways and external roads for vehicles from the surrounding provinces, leading to traffic congestion in Belt 3. According to a survey Performed by the Hanoi Transportation Infrastructure Maintenance Department, the average traffic volume on Ring Road 3 is currently about 5,000 vehicles / hour, about 2.5 times more. standard flow. This is also a route that often gets congested during rush hours or suddenly increases vehicles during the holidays and the New Years. Another route that also carries very large and often congested vehicles is Thanh Tri Bridge, which has exceeded the design flow by 8 times, around 120,000 vehicles / day and night, while the design flow is only 15,000 vehicles. / day and night.

Ho Chi Minh City also falls into a similar situation. With only Ring Road 1 (Vo Van Kiet Road) completed, but now it is also becoming an urban road when it carries a large amount of urban traffic, the delay of the ring road has a much greater impact. a lot for HCMC. “Extremely important” and “extremely urgent” are the leaders of the Ho Chi Minh City Department of Transportation for the current ring road projects. In the past, although Ho Chi Minh City has actively implemented many projects to expand bridges and highways, making flyovers to alleviate traffic congestion, it is only an urgent solution to solve locally. If you want to get rid of traffic jams, there is no other way than to quickly complete the ring road system with large-scale traffic works. “The longer it is allowed, the greater the risk of raising capital, not only in the streets but in the project itself,” because the financial problem cannot be solved, “he said.




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