Resolution No. 556/NQ-UBTVQH14 dated July 31, 2018 of the National Assembly Standing Committee On the plan to use VND 15 trillion from the reserve fund under the 2016-2020 medium-term public investment plan for important and urgent railway and road projects

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Resolution No. 556/NQ-UBTVQH14 dated July 31, 2018 of the National Assembly Standing Committee On the plan to use VND 15 trillion from the reserve fund under the 2016-2020 medium-term public investment plan for important and urgent railway and road projects
Issuing body: National Assembly Standing CommitteeEffective date:
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Official number:556/NQ-UBTVQH14Signer:Nguyen Thi Kim Ngan
Type:ResolutionExpiry date:Updating
Issuing date:31/07/2018Effect status:
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Fields:Investment , Transport

SUMMARY

To spend VND 15,000 billion for 14 important transport projects

On July 31, 2018, the National Assembly Standing Committee issues the Resolution No. 556/NQ-UBTVQH14 on the plan to use VND 15 trillion from the reserve fund under the 2016-2020 medium-term public investment plan for important and urgent railway and road projects.

Accordingly, the National Assembly Standing Committee accepts with the plan to use VND 15 trillion for 4 important and urgent railway projects and 10 important and urgent road projects, within that:

- Railway projects include: Repair and upgrading of essential structures of the Hanoi-Vinh railway section; Repair and upgrading of essential structures of the Nha Trang-Sai Gon railway section; Reinforcement of weak tunnels in combination with opening of new stations and renovation of upper architecture of the Vinh-Nha Trang railway section…

- Road projects include: National highway No. 3B; Road connecting the Hanoi-Hai Phong expressway with the Cau Gie-Ninh Binh expressway; Upgrading of the Cao Lanh-Hong Ngu section, Dong Thap province, of national highway No. 30…

This Resolution takes effect on the signing date.

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Effect status: Known

THE NATIONAL ASSEMBLY STANDINGCOMMITTEE

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 556/NQ-UBTVQH14

 

Hanoi, July 31, 2018

 

RESOLUTION

On the plan to use VND 15 trillion from the reserve fund under the 2016-2020 medium-term public investment plan for important and urgent railway and road projects[1]

THE NATIONAL ASSEMBLY STANDING COMMITTEE

Pursuant to the Constitution of the Socialist Republic of Vietnam;

Pursuant to Law No. 49/2014/QH13 on Public Investment;

Pursuant to the National Assembly’s Resolution No. 26/2016/QH14 on the 2016-2020 medium-term public investment plan;

Pursuant to the National Assembly’s Resolution No. 52/2017/QH14 on the policy on investment in the project on construction of a number of sections of the eastern North-South expressway during 2017-2020;

After considering the Government’s Report No. 168/TTr-CP of May 10, 2018, on the plan to use VND 15 trillion from the reserve fund under the 2016-2020 medium-term public investment plan for important and urgent railway and road projects; and Verification Report No. 1099/BC-UBTCNS14 of July 9, 2018, of the National Assembly’s Committee on Financial and Budgetary Affairs,

RESOLVES:

Article 1.

To approve the plan to spend VND 15 trillion (fifteen trillion Vietnam dong) from the state budget’s reserve fund under the 2016-2020 medium-term public investment plan for 4 railway projects and 10 road projects of importance and urgency on the list provided in the Appendix to this Resolution.

Article 2.

To assign the Government to direct related ministries, sectors and localities to quickly complete investment procedures, assign capital plans and organize the implementation of the projects on the list provided in the Appendix to this Resolution according to the conditions, order and procedures and ensuring investment efficiency prescribed in the Law on Public Investment and relevant regulations.

Article 3.

This Resolution takes effect on the date of its signing.

The Standing Committee, the Committee on Financial and Budgetary Affairs, the Ethnic Council and other Committees of the National Assembly shall, within the ambit of their functions and tasks, oversee the implementation of this Resolution.-

On behalf of the National Assembly Standing Committee
Chairwoman of the National Assembly
NGUYEN THI KIM NGAN

APPENDIX

PLAN TO USE VND 15 TRILLION FROM THE RESERVE FUND UNDER THE 2016-2020 MEDIUM-TERM PUBLIC INVESTMENT PLAN

(To the National Assembly Standing Committee’s Resolution No. 556/NQ-UBTVQH14 of July 31, 2018)

Unit of calculation: VND billion

No.

Name of project

Capital amount

I

Railway projects

7,000

1

Repair and upgrading of weak bridges and consolidation of anti-collision piers on the Hanoi-Ho Chi Minh City railway route

1,950

2

Reinforcement of weak tunnels in combination with opening of new stations and renovation of upper architecture of the Vinh-Nha Trang railway section

1,800

3

Repair and upgrading of essential structures of the Hanoi-Vinh railway section

1,400

4

Repair and upgrading of essential structures of the Nha Trang-Sai Gon railway section

1,850

II

Road projects

8,000

1

Road connecting national highway No. 4C with national highway No. 4D (Km238 - Km414)

430

2

National highway No. 3B (Km0 - Km66+600)

755

3

Road connecting the Hanoi-Hai Phong expressway with the Cau Gie-Ninh Binh expressway

1,397

4

Repair and upgrading of key sections of national highway No. 24

1,000

5

Repair and upgrading of key sections of national highway No. 25

850

6

National highway No. 27, the Lien Khuong bypass section

193

7

Repair and upgrading of the Tra Vinh-Long Toan section, Tra Vinh province, of national highway No. 53

800

8

Repair and upgrading of the section from Dinh Khao ferry, Vinh Long province, to Mo Cay township, Ben Tre province, of national highway No. 57

875

9

Repair and upgrading of the road surface of the Quan Lo-Phung Hiep route

900

10

Upgrading of the Cao Lanh-Hong Ngu section, Dong Thap province, of national highway No. 30

800

Total

(I+II)

 

15,000

 

 



[1]Công Báo Nos 855-856 (16/8/2018)

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