π Tender Overview
National Assembly Chairwoman Tran Thanh Man signed a resolution on investment policy of investment project to build Lao Cai - Hanoi - Hai Phong railway line (project). Investing in building Lao Cai - Hanoi - Hai Phong - Photo of the project of the project to build a modern and synchronous new railway to meet the needs of domestic and international transportation between Vietnam and China; Creating an important driving force for fast and sustainable socio -economic development, promoting the advantage on Lao Cai - Hanoi - Hai Phong economic corridor, ensuring effective connection of domestic and international railway networks, associated with national defense, security and international integration, environmental protection, climate change response; promote the process of industrialization and modernization of the country; Contribute to realizing the goals and tasks according to the 13th National Congress of Congress and the Partys resolutions. The main line length is about 390.9 km; The length of the branch routes is about 27.9 km; Going through the territory of 9 provinces and cities directly under the Central Government including: Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Hanoi, Bac Ninh, Hung Yen, Hai Duong and Hai Phong, TIP: New investment in the entire single route, size 1,435 mm; Transporting passengers and goods. Design speed of 160 km/h for the main route from Lao Cai Railway Station to Nam Hai Phong Station, design speed of 120 km/h for the section through the focal area of Hanoi City, design speed 80 km/h for the remaining routes. Apply rail technology running on rails, electrification; ensure modern, synchronous, safe and effective. Implementing land acquisition according to the planning scale (double roads for the main route from the new Lao Cai station to Nam Hai Phong Station and the application line for the remaining sections). The total investment of the project is VND 203,231 billion. The state budget capital is allocated in the medium -term public investment plan and other legal capital. Supplementing the shortage compared to the estimate and annual public investment plan approved by the National Assembly without increasing the State budget deficit; Mobilizing official development support capital (ODA), foreign preferential loans to implement the project and not having to propose projects using ODA capital, foreign preferential loans; Applicable according to the regulations of foreign sponsors in case Vietnamese law do not have regulations or have regulations but different from the regulations of foreign sponsors, at the same time, use the source of revenue increase, save the annual central budget expenditure (if any) and other legal capital for the project in case the state budget estimate is arranged annually does not meet the progress. The use of increased revenue and savings sources does not have to comply with the priority order in accordance with the law on the state budget. The project does not have to conduct the appraisal of capital balance according to the provisions of the Law on Public Investment .../. Refer to the referencing more references to the additional reference.