Thursday,  Oct 18, 2018,01:23 (GMT+7) 0 0
State Audit to inspect multiple infrastructure projects
Tu Hoang
Wednesday,  Dec 6, 2017,18:36 (GMT+7)

State Audit to inspect multiple infrastructure projects

Tu Hoang

HANOI – The State Audit Office of Vietnam (SAV) will conduct inspections of many key traffic infrastructure projects nationwide next year.

The 2018 auditing plan, released on Monday, will cover projects to upgrade National Highway 1 and build urban rail lines such as Ben Thanh-Suoi Tien in HCMC, Cat Linh-Ha Dong and Nhon-Hanoi Station in Hanoi, and an international airport in the northern province of Quang Ninh.

SAV will also audit build-operate-transfer (BOT) road and bridge projects such as Viet Tri-Ba Vi Bridge connecting National Highways 32 and 32C, Trung Luong-My Thuan Expressway (phase 1) and Ca Pass Tunnel on National Highway 1A connecting Phu Yen and Khanh Hoa provinces, and another upgrading Bac Ninh-Uong Bi section of National Highway 18.

The projects developed in the build-transfer (BT) format in Hanoi in the 2013-2017 period will be subject to the auditing plan, including those developing an intersection at the center of Long Bien District, and building Hanoi-Hung Yen Road and another road linking Le Duc Tho Street to Xuan Phuong New Urban Area.

The construction of Halong-Van Don Expressway and the upgrade of Halong-Mong Duong section of National Highway 18 will be also audited.

SAV will also assess the effectiveness of investment incentives for economic zones, namely Dinh Vu-Cat Hai, Chu Lai, Phu Quoc, Nhon Hoi, Van Don, Dinh An, Chan May-Lang Co, Vung Ang, Dong Nam Nghe An, Dung Quat, Nam Phu Yen, Nghi Son, Nam Can and Van Phong.

The auditing agency of the Government also plans to audit the management of public debts at the Ministries of Planning and Investment and Finance, the State Bank of Vietnam and the Vietnam Development Bank.

The efficiency of using official development assistance (ODA) loans and raising capital from domestic and foreign investors to fund these projects will also be subject to auditing.

Deputy Prime Minister Trinh Dinh Dung earlier told ministries to review all BOT traffic infrastructure projects, including their scale, cost, toll collection duration, tollgate location and toll fees.

Although BOT projects have helped attract private sector capital to develop infrastructure in the country, the implementation and operation of those projects have been plagued with problems including awarding contracts to incompetent contractors, cost overruns, construction delays, poor quality, and inefficient management.

Therefore, the Ministry of Transport was assigned to work with other ministries to find measures to reduce tolls and toll collection time, control project quality, select competent contractors, and accurately calculate investment costs.

Especially, the ministry will review the locations of toll stations to harmonize the interests of the State, the investor and the road user, and accelerate the implementation of non-stop electronic toll collection service at toll stations nationwide.

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