Green Living » Green Traffic
Analysts doubt Transport Ministry can sell airports, highways this year
(14:29:29 PM 12/03/2015)
As soon as the Tet holiday ended, MOT Minister Dinh La Thang convened two meetings to discuss the need to call for public investments in infrastructure projects.
Thang said at the meetings that five highway projects would be sold, including the Noi Bai – Lao Cai, Cau Gie – Ninh Binh, Ben Luc – Long Thanh, HCM City – Long Thanh – Dau Giay, and Da Nang – Quang Ngai.
Of the five projects, Ben Luc – Long Thanh and Da Nang – Quang Ngai are still under construction.
Thang stressed that the projects must be sold within the year.
Prior to that, Thang urged the Vietnam Expressway Development Corporation (VEC) to sell the highways as soon as it could find buyers who would pay “reasonable prices”.
Thang instructed VEC to sell parts of projects if it could not sell the entire projects because of their large scale.
Investors have also made prompt responses to Thang’s call for investments. Vietjet immediately proposed to MOT to offer concessions to exploit T1 Terminal at Noi Bai International Airport for 20 years.
Meanwhile, just one day after the February 25 meeting, Vietnam Airlines sent a dispatch to MOT expressing its willingness to buy the terminal definitely.
As for highway projects, according to VEC’s deputy general director Pham Hong Quang, Bitexco, a large real estate developer, has asked for concessions to exploit the HCM City – Long Thanh – Dau Giay road which opened to traffic in February.
Bitexco is also the investor of the Dau Giay – Phan Thiet highway project which connects the HCM City – Long Thanh – Dau Giay route.
Will projects be sold this year?
Analysts noted that though investors have expressed interest in the projects for sale, no agreement or memorandum of understanding has been signed.
Vu Pham Nguyen Tung from Vietjet said the Civil Aviation Authority of Vietnam (CAAV) and ACV have been assigned to draw up detailed plans for the transfer.
“The value of the terminal will be determined after auditing, which will be referred to by the two parties to determine the price and the mode of sale,” he said.
An investor who is interested in airport projects also thinks concessions to private investors to exploit airport terminals could occur this year, and investors could begin business immediately after making improvements to the terminals.
However, he doubts that the sale of part or all of Phu Quoc Airport will be done this year.
Send comments you read about: Analysts doubt Transport Ministry can sell airports, highways this year
You may also be interested in:
-
First river bus routes proposed in HCM City
-
HCM City to invest $4.45b on metro line
-
VN bans exploitation of rare protective forest species
-
Historic dam renovated in Hue City
-
Nearly $120,000 slated for construction of 1m of road in Hanoi
-
Experts reveal cause of Vietnam's highway land shifting
-
HCM City’s first pedestrian street in pictures
-
High-speed train plan gets PM nod
-
Vietnam to build a high-speed train system
Recent Posts:
- USAID Launches New Public Service Announcements to Tackle Rhino Horn Consumption (19/12/2019)
- Youth for Climate Cycling Event (within the framework of European Climate Diplomacy Week 2019) (28/09/2019)
- VIETNAM: New Study Offers Pathways To Climate-Smart Transport (17/09/2019)
- USAID works alongside Viet Nam’s National Assembly on effective wildlife conservation through demand reduction (26/07/2019)
- Winners of TRAFFIC’s sustainable traditional medicine competition announced (22/06/2019)
- Hanoi mobilizes resources to improve the city’s air quality (28/11/2018)
- Accelerating the implementation of the Paris Agreement in Viet Nam through joint national and international efforts (07/11/2018)
- USAID Promotes Chi Initiative to Drive Down Demand for Rhino Horn (28/08/2018)
- Siemens supplies equipment for Vietnam’s largest solar farm (14/07/2018)
- Members of Vietnamese and German companies take pledge against wildlife crime (30/06/2018)

Farmers ignore shrimp warning
(Tinmoitruong.vn) - Farmers in Bac Lieu Province are expanding their white-legged shrimp ponds in unzoned areas despite warnings from local authorities that it could damage the environment and cause outbreaks of disease.

New Zealand Celebrity Chef visits to Vietnam 4-8 May
(Tinmoitruong.vn) - “My home, New Zealand, offers the best fresh produce on the planet; I can’t thank our beautiful seas, sky and earth enough for all it provides. My best memories are created around food – through the simple act of sharing a meal around the table, so too are stories, knowledge and laughter shared”, wrote Nadia Lim, Master Chef New Zealand in 2011.

Province tackles waste treatment
(Tinmoitruong.vn) - Deputy Prime Minister Hoang Trung Hai has inspected environmental protection measures put in place, particularly in handling waste treatment, in the southern province of Binh Duong.