Kaleshwaram project review

In particular, the toll revenue through 62 BOT stations remained stable in the first, third and fourth quarters. As for the second quarter, due to the impact of the Covid-19 pandemic outbreak along with loosening social distancing, toll revenue declined significantly.  Currently, toll collection for eight BOT projects are temporarily suspended, including road bypassing project of Cai Lay Town and upgraded road surface project at section Km1987+560-Km2014+000 in Tien Giang Province under form of BOT contract.  Two enterprises of 1K National Highway Improvement and Upgrade Project through Dong Nai and Binh Duong provinces and the National Highway No.2 Improvement and Upgrade Project at section of Noi Bai- Vinh Yen have not reported the last month's revenue in advance the collection suspension.  Besides, the enterprises of Investment and Construction Project of Hoa Lac- Hoa Binh road, the Improvement and Upgrade Project of National Highway No. 6 at a section of Xuan … [Read more...] about BOT projects collect toll of more than US$545 mln in 2020

Jakarta (VNA) – Indonesian President Joko Widodo said on January 27 that the country is in need of investments that could generate jobs and competitive products in the global market, and it will prioritise environmentally friendly projects to create enduring values. As Indonesia possesses abundant natural resources, and has opportunities to develop industries such as processing and production, the nation should have a good response to the green economy – an evitable trend in the future which helps reduce environmental risks, and improve the efficiency of the use of natural resources. According to the leader, green products and low-carbon emission economy will be the main resources for the country’s development. Currently, Indonesia is joining the global value chain for the development of a green economy. He noted that the COVID-19 has promoted the green and digital transitions of the global economy, holding developing green economy helps countries worldwide … [Read more...] about Indonesia prioritises environmentally friendly projects

Industrial parks in the northern province of Vinh Phuc attracted 15 new FDI projects in the first eight months of this year.industrial parks covering nearly 2,000 ha in total: Thang Long Vinh Phuc, Binh Xuyen, Binh Xuyen II, Ba Thien, Ba Thien II, Son Loi, and Nam Binh Xuyen, taking the lead in the province in terms of number of industrial parks and investment projects.FDI projects worth more than 4.2 billion USD. … [Read more...] about Vinh Phuc welcomes 15 new FDI projects in eight months

An artist’s impression of the Sapa airport project in the northern province of Lao Cai. Prime Minister Nguyen Xuan Phuc decided to establish an appraisal council for the project’s pre-FS – PHOTO: BAOTAINGUYENMOITRUONG.VN HCMC – Prime Minister Nguyen Xuan Phuc has decided to establish an appraisal council for the pre-feasibility study (pre-FS) of the Sapa airport project in the northern upland province of Lao Cai, with a total investment of VND5.9 trillion, reported the Dan Tri news site. … [Read more...] about Appraisal council set up for Sapa airport project’s pre-FS

Hanoi (VNA) – The Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin) is speeding up investments in key projects to ensure the corporation’s sustainable development in 2021. According to Vinacomin President and CEO Dang Thanh Hai, despite impact of the COVID-19 pandemic and natural disasters, Vinacomin achieved positive results. Last year, Vinacomin produced 38.47 million tonnes of raw coal, imported 9.65 million tonnes, and sold 42 million tonnes. Its 2020 turnover stood at 123.42 trillion VND (5.35 billion USD), exceeding the adjusted target by 1 percent and equivalent to 89 percent of the result recorded in 2019. Profit was 2.6 trillion VND, reaching the target set and equivalent to half of 2019’s figure. Vinacomin contributed 19.5 trillion VND to the State budget during the year, surpassing the target by 2 percent. The corporation also ensured employment and incomes for more than 96,000 employees. This year, Vinacomin plans to … [Read more...] about Coal corporation speeds up implementation of key projects