Prime Minister Nguyen Xuan Phuc has approved projects on the construction and infrastructure development of three industrial parks (Illustrative photo: VNA) Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc has approved projects on the construction and infrastructure development of three industrial parks (IPs). One of them is the Co Chien IP in Dai Phuoc commune in Cang Long district of the Mekong Delta province of Tra Vinh . The IP, covering nearly 200 ha, will be built at a cost of 748.98 billion VND (nearly 32.47 million USD), of which 112.35 billion VND comes from the investor. Another is the 300-ha Tan Duc IP in Ham Tan district of the southern coastal province of Binh Thuan, invested by Sonadezi Binh Thuan JSC with an investment worth 1.2 trillion VND. PM Phuc also okayed the investment at Song Lo II IP in Vinh Phuc province in the north. It will be constructed on an area spanning about 165.66 ha with a budget of 1.52 billion VND. The Government leader asks authorities of relevant provinces to ensure the accuracy of information, statistics and assessment in line with the regulations, and guarantee the compatibility between the implementation of the projects and authorised planning./. VNA …
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Adjustments to Tan Son Nhat airport planning greenlighted
Tan Son Nhat International Airport (Photo: VNA) HCM City (VNA) – The Ministry of Transport has approved adjustments to the Tan Son Nhat airport planning for the 2021-2030 period. Under the planning, a terminal Doppler Weather Radar station will be built in an area of some 1,600 square metres to the northeast of the airport, while a multi-storey car park will be arranged at Terminal 3. Regarding auxiliary facilities at the airport, adjustments are made to the location of the infight meal preparation areas and sewage treatment stations. The Ministry of Transport asked the Civil Aviation Authority of Vietnam to review and update positions, scale and technologies used in the works so as to ensure the connection and uniform development with relevant infrastructure at the airport. At present, Tan Son Nhat International Airport is the busiest airport in Vietnam. It is the biggest international aviation gate for the nation and centre for passenger and cargo transit in southern area./. VNA …
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HCM City: Korean bank proposes investment study for Metro Line No. 5
The track of Metro Line No. 1, from Ben Thanh Market to Suoi Tien Theme Park, in HCM City (Photo: VNA) HCM City (VNA) – The Export-Import Bank of the Republic of Korea (KEXIM) has asked Ho Chi Minh City ’s authorities for permission to conduct an investment study for Phase 2 of Metro Line No. 5 , set to be carried out in the public-private partnership (PPP) format. In its letter sent to the Chairman of the municipal People’s Committee and the city’s Management Authority for Urban Railways (MAUR), KEXIM said it will soon provide funding for the update of the project’s pre-feasibility study, which covers technical, financial, and legal aspects, according to the MAUR. The bank noted that members of the research group and participating investors have experience in building and operating urban railway routes, including Metro Line No. 9 of the RoK’s Seoul capital, in the PPP format. The MAUR said it had a working session on January 19 with some investors and consultancies from the RoK to discuss the study and related orientations for the project. The Korean side, including KEXIM and some businesses and consultancies, presented the plan to update the pre-feasibility study, whose final version is expected to be submitted by the end of 2021. The pre-feasibility study for Phase 2 of Metro Line No. 5 was previously financed by the Korea International Cooperation Agency (KOICA). However, due to certain objective reasons, the project was unable to be funded through official development assistance (ODA) loans, but the PPP format. The 23.39km-long Metro Line No. 5 is developed in two phases. The first one, from the Bay Hien intersection to Sai Gon Bridge, is about 8.8km long and invested with around 1.66 billion USD. It is funded with ODA capital from the Spanish Government, the Asian Development Bank (ADB), the European Investment Bank (EIB), and the German development bank KfW. Meanwhile, Phase 2 is about 14.5km long./. VNA …
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