On Jan. 12, in Ha Long city, QNPPC had a meeting with Ha Long Investment and Development Ltd. Co, regarding the investment in Ha Long- Haiphong highway. The meeting was chaired by Mr. Do Thong, Standing Vice-Chairman of QNPPC.
The highway linking Ha Long, Haiphong and Hanoi, stretching from Ha Long city, Yen Hung district (in Quang Ninh province) to Hai An district (in Hai Phong province) with a total length of 25,214 kilometers, including four lanes, and designed speed for vehicles of 100-110 km/h. The total investment capital of this project is nearly VND 10,000 billion.
According to BIM’s proposals, the investor will receive the payment in form of BT(Build-Transfer) and BOT (Build- Operation-Transfer).
Regarding the financial methods, BIM will cooperate with State Capital Investment Corporation (SCIC) to implement the project. In addition, both domestic and international loans will also be employed.
Speaking at the meeting, representatives of sectors strongly agreed to choose BIM as the investor of the project as this Group has investment experiences in large projects, specially in infrastructure construction ones.
To conclude the meeting, Mr. Standing Vice-Chairman of QNPPC highly appreciated the BIM’s willingness to invest in the project. He recommended the group to have further study and develop investment plan in more details. In addition, Mr. Do Thong also requested relevant provincial sectors to provide the investor with necessary information so that they could easily approach the project and relevant planning.
Lan Huong
