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Home  >>   Daily News  >>Vietnam>>Transport>>PM okays exceptions for Ha Noi railway
NEWS UPDATES Asean Affairs    22  July  2016  






PM okays exceptions for Ha Noi railway

 Prime Minister Nguyen Xuan Phuc has approved a special mechanism for completion of Ha Noi’s Cat Linh-Ha Dong urban railway project in an effort to overcome numerous delays and cost overruns.

Under the mechanism, proposed by the Ministry of Transport, the main contractor (China Railway Sixth Group) will be authorised  to make decisions, especially on buying equipment, without having to seek time-consuming permission from State authorities. However, the contractor must ensure that prices do not exceed those set out in the signed contract.

The project was supposed to be completed by the end of this year. However, only 74 per cent of the railway project has been completed since it broke ground in September 2010, according to the project’s management unit.

The investment in the project increased from a projected US$542 million in 2008 to $892 million in 2014.

Regarding the selection of foreign contractors for safety assessments, the Prime Minister has agreed in principle that contractors will be chosen in accordance with Article 26 of the Law on Bidding, ensuring that selected contractors are qualified, have adequate experience and meet the requirements of the tender package.

On additional loans for the project, the Ministry of Planning and Investment and the Ministry of Finance were urged to promptly work with the Chinese side on reaching agreement on supplement preferential loans for the project.

The Prime Minister asked the Ministry of Transport to review the preparation and implementation of the project as a lesson for the next steps of the project and other projects to ensure the efficiency, quality assurance and construction progress. — VNS


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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