Friday,  Apr 23, 2021,11:24 (GMT+7) 0 0
PM wants VND10-trillion anti-flooding project to go on
The Saigon Times
Friday,  Apr 2, 2021,11:57 (GMT+7)

PM wants VND10-trillion anti-flooding project to go on

The Saigon Times

The Muong Chuoi floodgate in HCMC’s Nha Be District, part of the VND10-trillion anti-flooding project in HCMC. The prime minister has asked that the project be continued - PHOTO: LE ANH

HCMC – Prime Minister Nguyen Xuan Phuc on April 1 issued a resolution, asking for the continuation of the first phase of a tidal flood prevention project in HCMC, with the impact of climate change taken into account, worth nearly VND10 trillion.

The Government leader ordered the early removal of obstacles to put the project into operation soon, Tuoi Tre Online newspaper reported.

PM Phuc said this was a key project of HCMC. It is 90% complete and is expected to be completed to deal with floods in the city.

The prime minister asked the HCMC government to take responsibility for completing the project in line with the law, pay the investor of the project and eliminate unreasonable expenditures.

As for capital for the project, the HCMC government must work with the State Bank of Vietnam and the Bank for Investment and Development of Vietnam on the allocation of loans for the project.

In addition, the city must review and remove legal obstacles facing the project.

Earlier, the project, invested in by the Trung Nam Group, had been on the verge of suspension as an appendix to extend the deadline of the project has yet to be signed. The investor and the relevant departments and agencies have repeatedly worked on the issue, but in vain, resulting in delays in the completion of the project.

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