The build-operate-transfer (BOT) sub-project runs through Chi Lang, Cao Loc and Van Lang districts, and Lang Son city with a total length of about 59.87km. Its construction is expected to cost 11.02 trillion VND (433.09 million USD), of them 5.49 trillion VND from the State coffer, and to be completed in 2026.

In his remarks, PM Chinh emphasised attention paid to the mega project, which runs from Lang Son to the southernmost province of Ca Mau, traversing 32 localities and three key economic zones.

Its Huu Nghi-Chi Lang sub-project is set to create new development space, and serve as a gateway between ASEAN countries and China, he continued, asking the Ministry of Planning and Investment, the Ministry of Transport and other ministries and agencies to continue their close coordination with Lang Son in order to ensure its progress, quality, safety and efficiency.

Lang Son needs to further closely work with investors during the construction, and give special care to residents in the project area, the leader said.

On this occasion, Chinh handed over donations to ethnic minority households in Lang Son to help them build new houses, and commended Lang Son, organisations and individuals for their response to the movement on doing away with makeshift homes, set to last until 2025, with up to 3,200 houses removed so far.

120 trillion VND credit package: Project developers, banks find common ground

BAC GIANG - In order to remove difficulties for and promote the safe, healthy and sustainable development of the real estate market, on March 11, 2023, the Prime Minister issued Resolution 33/NQ-CP, featuring a preferential credit package worth about 120 trillion VND ($4.97 billion). 

Subdivision Planning Project of Hoa Yen Industrial Park approved

BAC GIANG – The People’s Council in Bac Giang province term 19 has just issued a Resolution to approve for the Subdivision Planning Project to build Hoa Yen Industrial Park in Bac Giang province, scale 1/2,000.

Bac Giang improves quality of project implementation

BAC GIANG - This time, a series of projects in Bac Giang province have been accelerated. Of which, many contactors with big financial potentials and timely capital allocation have sped up the construction progress exceeding the set plan. This result has been gained thanks to numerous synchronous solutions by the province to improve the quality of project implementation.

National Highway 31 renovation project inaugurated

BAC GIANG - On the afternoon of October 9, the Ministry of Transport and the Bac Giang Provincial People's Committee jointly organized the inauguration ceremony of the project to renovate and upgrade National Highway 31, section Km2+400 - Km44+900 (passing Bac Giang City, Lang Giang, Luc Nam, Luc Ngan districts).

Vietnam, WB address bottlenecks in project implementation

Deputy Prime Minister Tran Luu Quang lauded the World Bank (WB) for its continued support in mobilising funding for development projects in Vietnam at a reception in Hanoi on March 13 for WB Country Director Carolyn Turk.

Source: VNA