Sunday, 19 Nov 2017

Binh Duong prioritizes investment in 20 projects in 2017-2020

Updated at Thursday, 26 Oct 2017, 15:30
The Hanoitimes - The People’s Committee of the southern Binh Duong Province has recently announced the list of 20 projects that it will give top priorities to calling for investment in the phase of 2017-2020.
Total investment of the projects will range from VND14 trillion ($616 million) to VND16 trillion ($704 million), depending on the investment plans for the Cai Stream project in the southern province.
Transport infrastructure tops the list, with 15 projects, followed by education, training and vocational training, with three. There are also two health infrastructure projects.
Fifteen out of 20 projects that Binh Duong calls for investment are in the transport infrastructure development field.
Fifteen out of 20 projects that Binh Duong calls for investment are in the transport infrastructure development field.
The project with the highest investment, of VND4.06 trillion ($178.6 million), is Thu Dau Mot University, expected to be built in the build-transfer (BT) or build-own-operate (BOO) form or be fully private. Under the project, Thu Dau Mot University will be developed into a multidisciplinary training facility in line with the provincial research orientation.
In the education sector, there are also two other projects: Binh Chuan 2 and An Phu 2 primary schools.
A 500-bed orthopedic hospital will be built in Di An town with expected investment of VND2 trillion ($88 million), also as a BT, BOO or fully private project.
The Bus Rapid Transit (BRT) Development Project between Binh Duong New City and Suoi Tien Railway Station in Ho Chi Minh City and running through Thu Dau Mot and Di An has total investment of VND1.9 trillion ($83.6 million), with funding coming from official development assistance (ODA) or other investment models such as Public Private Partnership (PPP) and Build-Transfer (BT).
The project will expand regional links, especially those between HCM City and Binh Duong and Dong Nai provinces. It expected to address traffic congestion and improve traffic safety on the My PhuocTan Van Expressway for the development of provincial industrial services.
The province also put the project to extend Ben Thanh-Suoi Tien metro line from Ho Chi Minh City to the locality in the list of 20 projects. The prolonged metro line, which will have the total capital of VND2 trillion ($88 million), is expected to improve regional connectivity among Binh Duong, Dong Nai province and Ho Chi Minh City; solve traffic jam and ensure traffic safety for My Phuoc-Tan Van road, said the office.
Regarding the project to expand Cai Stream in Tan Uyen, there are two investment plans at two expected investment levels. The first is VND3.5 trillion ($154 million) and the second VND1.1 trillion ($48.4 million). The project is expected to be in the build-operate-transfer (BOT) or BT form.
Thao Le
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