On October 12, leaders of Hoa Binh and Son La provinces agreed on some contents of the project of construction investment in Hoa Binh – Moc Chau expressway.

Accordingly, the two provinces have agreed to assign Deo Ca Transport Infrastructure Investment Joint Stock Company (HHV – UPCoM) to invest and assist the two provinces in implementing this project.

Mr. Ho Minh Hoang, Chairman of the Board of Management of HHV also requested the two provinces to assign HHV to study the investment plan, prepare project proposal report in the form of PPP and capital structure investment; assign HHV as the focal point to mobilize capital through stocks, bonds, credits, BCC contracts…

At the same time, survey and make plans to connect the expressway with real estate, industrial, tourist, logistics, rest stations, etc. in order to create resources for the localities to mobilize capital.

Hoa Binh-Moc Chau expressway project has a total length of 85km, the section goes through Hoa Binh province about 49km, the section passing Son La province about 36km.

In phase 1, the project is invested in expressway standards with 4 lanes, total investment is 22,294 billion VND. In which, BOT capital is 17,294 billion VND; The two provinces contributed a land fund worth VND 5,000 billion (Hoa Binh province 900 billion VND; Son La province 4,100 billion VND). The payback period of 26 years.

The secretary of the Hoa Binh Provincial Party Committee Ngo Van Tuan and Secretary of the Son La Provincial Party Committee Nguyen Huu Dong stated that after being started and completed, the expressway will solve the transportation needs, connect the economic and political centers of the Northwest provinces, reducing the traffic load for the National Road 6; promoting local socio-economic development.

Currently, these two provinces are rushing to prepare the plan and clarify the contents to create favorable conditions for the project to be implemented.

BY KIM LAN

Nguồn : Tin nhanh chứng khoán