Lao Bao international border gate. The People’s Committee of Quang Tri province has just submitted a report No. 73/TTr – People’s Committee to the Prime Minister on the assignment of competent State agencies to deploy the Cam Lo – Lao Bao expressway in the form of PPP. Specifically, the People’s Committee of Quang Tri province proposed the Prime Minister to consider and assign this locality to be a competent state agency to implement the Cam Lo – Lao Bao expressway project as prescribed in Clause 3, Article 5, Law on Investment in the form of public-private partnership (PPP Law) and organize the preparation of the project pre-feasibility study report according to the provisions of Clause 1, Article 13 of the PPP Law. Cam Lo – Lao Bao expressway has a length of about 70km, according to highway standards with 4 lanes, roadbed width of 17m, total investment is expected to be 7,700 billion, of which state capital comes from the bank. the central budget according to preliminary calculations of less than 50% of the total investment; payback period 19 years. According to the People’s Committee of Quang Tri province, currently the national vertical traffic axes such as National Highway 1 have completed investment in upgrading with a scale of 4 lanes. The expressway system strives to have about 5,000km of the whole country put into operation by 2030, of which the East North-South expressway will be completed by 2025. However, the fact that the whole country still does not have an expressway connecting the East – West direction has caused an imbalance in investment to promote the advantages of geographical location in order to effectively exploit the sources of goods. complement each other. In Quang Tri province, there is only National Highway 9 with a length of 83 km connecting Dong Ha city and Lao Bao international border gate. The route was upgraded in 2006, the size of the road is grade III, 2 lanes. In recent years, the volume of vehicles participating in traffic on National Highway 9 has increased, especially container trucks transporting goods to Laos and vice versa. In 2020, in the context of complicated epidemics and natural disasters, import and export turnover through 2 international border gates Lao Bao and La Lay still increased and reached 379 million USD, cleared 151,600 turns of transport means of import and export. (over 90% are means of transporting goods), corresponding to 1.28 million tons of goods and 17,262 shipments transited through Lao Bao border gate with a value of over $8.9 billion with a weight of 1.5 million USD. ton. On the other hand, the National Highway 9 route from Cam Lo up to Lao Bao international border gate is the only and only route connecting Dong Ha city center with mountainous districts of Dakrong, Huong Hoa and 2 international border gates. Lao Bao, La Lay. When natural disasters, storms and floods occur, especially in the rainy and flood season in 2020, National Highway 9 passing through Dakrong district and Huong Hoa district suffers from landslides and landslides; Many bridges and culverts were flooded, causing division, isolation, and traffic jams in the entire western region of Quang Tri province. Therefore, the People’s Committee of Quang Tri province believes that it is very urgent to study and invest in the construction and completion of the Cam Lo – Lao Bao expressway in the period 2026 – 2030; meet the demand for transportation of import and export goods and goods in transit; connecting national vertical axes with international border gates and regional seaports; especially breaking the monopolistic position of National Highway 9 to serve the rescue and rescue in the event of natural disasters, storms and floods, and to perform the task of ensuring national defense and security.

Vinaconex is the unit that won the most construction and installation packages in the East North-South Expressway Construction Project. On the afternoon of June 15, the Project Management Board 2 (Ministry of Transport) and the joint venture between Mien Trung Construction Group Joint Stock Company – Vietnam Construction and Import-Export Corporation (Vinaconex) signed a contract for the package. XL3 contractor: Construction and surveying, construction drawing design for section Km364+410.75 – Km380+000, Construction investment component project of Highway 45 – Nghi Son section of the project to build some road sections expressway on the East North-South route in the period 2017-2020. Accordingly, the contract for Package XL3 has a winning price of VND 1,144.4 billion, which is a mixed type of contract, in which the survey is performed at a fixed unit price; construction drawing design is implemented in a package; construction and installation shall be carried out at the adjusted unit price. Contract Package XL3 has a contract execution time of 720 days, funded by the state budget. The construction investment project of the National Highway 45 – Nghi Son section is one of 11 component projects of the project to build a number of expressway sections on the East North-South route in the period 2017-2020. This is a project. converted from PPP investment to public investment. This project has a length of 43.28 km, passing through the territory of Nong Cong district and Nghi Son town (Thanh Hoa), investment is phased according to the scale of 4 lanes, width of road bed 17m, design speed 80 km/h. The total investment of the project is VND 5,534.4 billion, of which the cost of construction and equipment is VND 3,193 billion, construction time is 2 years, completion in 2023. The project is divided into 3 construction and installation bidding packages, 3 supervision consultancy packages. Currently, PMU2 is asking the consortium of Mien Trung Construction Group – Vinaconex to urgently complete the preparation work to be able to start the bidding package at the end of June 2021. Currently, Vinaconex is the contractor winning the most packages in the Project to build some expressways on the East North-South route in the period 2017-2020. If including the XL3 package, Vinaconex has directly participated or participated in the project. in the form of a consortium of 4 construction and installation bidding packages with a total value of about VND 10,000 billion.

CEO Phu Dong Group: ‘It is not capital, land fund that is the biggest difficulty for investors’.

In the position of investor’s representative, Mr. Ngo Quang Phuc, General Director of Phu Dong Group, said that at present, the problem of capital is not a problem for investors, but the biggest difficulty is the land fund for implementation of real estate projects.

According to Mr. Phuc, over the past time, the land price has increased, the planning of suitable land funds to implement projects still has many shortcomings, so to harmonize this issue, the state needs to plan specifically for each area, specially acquired land to create large land funds then auctioned investor selection implementation

Mr. Phuc also emphasized on the inadequacies of legal procedures and the state. According to the General Director of Phu Dong Group, it is necessary to shorten the time to resolve the procedures, creating opportunities for investors to implement projects faster, thereby solving the problem of lack of housing supply. now on.

Reply to TS. Nguyen Anh Tuan, Editor-in-Chief of the Investor Magazine on the problem of private participation in transport infrastructure construction, Mr. Le Do Muoi, Director of the Institute of Transport Strategy and Development ( Ministry of Transport), affirmed that the resources for transport need to be very large, it is very difficult for each state to do it.

“Medium-term capital (2021-2025) for transportation is about 1.2 million billion VND. This is a very large number. The current legal corridor has the Law on Public Investment and the PPP Law, but unfortunately the PPP law has removed the BT form from the law, making it difficult for only forms such as BOT, PPP to call for resources. Asking the giants easily get a shake of the head when calling for PPP cooperation, ”he said.

The representative of the Ministry of Transport also affirmed that transport is a public need, not a private profit. Therefore, capital needs to be socialized with great demand.

“At present, the ring roads also call on investors to participate with many suitable solutions for the benefits of both the state-investors – the people. The Ministry of Transport will sit down with interested investors to dedicate resources to listen and find different, suitable forms for cooperation. The Ministry of Transport has an open policy mechanism to call for investors in projects with high feasibility, ”said Mr. Muoi.

Regarding the issue of calling for investment capital for transport infrastructure, continue with the presentation, PhD. Nguyen Anh Tuan said that investors have great expectations on the PPP Law, but the recently issued Decree of the Ministry of Finance is facing many “complaints” and says inequality. The problem mentioned by many opinions is the mobilization of foreign capital for transport infrastructure development, but so far no investors have participated.

Answer this question, GS-TSKH. Nguyen Mai said that if mobilizing FDI, the biggest risk will be encountered is delay, which is followed by capital mobilization.

Therefore, the most important thing of current management, according to Mr. Nguyen Mai, is overcoming delays from licensing, implementation, site clearance, cost effective calculation, … to Investor implemented on schedule.

“This is a long story. And to be enforced is a story forever. FDI has so far failed in BOT, PPP and even more failed to invest in transport infrastructure. For example, it is the case that investor IL&FS (India) has expressed interest in the Hanoi – Hai Phong expressway. Although the negotiation is almost completed, the problem of many problems has made the project unable to sell “, GS-TSKH. Nguyen Mai said.

“The first BOT Decree was born in 1993, 5 years later, the PPP Law was born, but in the end, it is nothing to do, because it cannot answer the legitimate interests of investors. If we do not have innovative thinking, we do not listen to irreverent criticism, we cannot correct fundamental mistakes. Currently, many foreign investors want to participate not only in road traffic, but also railways and airports. If we have a more reasonable law, more open and transparent, and ensure legitimate benefits, both domestic and foreign investors will want to contribute capital to implement projects with the state ”, Professor-TSKH. Nguyen Mai emphasized.