The price of construction materials spiked, the Ministry of Transport temporarily halted some projects

Some investors and project management boards have reflected that fuel and construction material prices have skyrocketed recently, leading to the total investment submitted to exceed the total investment in the investment policy decision. ensure conditions for project investment decision.

The price of fuel and construction materials has increased dramatically recently, leading to the total investment in traffic works being affected.

News from the Ministry of Transport (MOT), this agency has just sent a document requesting investors and project management units (PMUs) to review the total investment capital of new construction projects in the investment plan. medium term period 2021-2025.

Because in the process of completing procedures to decide on investment projects, some investors and PMUs reflected that the price of fuel and construction materials has increased dramatically recently, leading to the total investment in submission. approval exceeds the total investment in the investment policy decision, not meeting the conditions for the project investment decision.

Review and update the total investment according to the current price of construction materials

Faced with the above situation, the Ministry of Transport requested the investors and the PMU to review and update the total investment of the investment project according to the current price.

In case the total investment of the investment project exceeds the total investment approved in the decision on investment policies, the units propose solutions to handle in the following direction: Suspension of investment policies in projects that have not yet been approved. too urgent to concentrate capital to implement urgent and key projects.

Diversify and adjust the scope and scale of the project or integrate it with the local budget capital, ensuring that the central budget's capital in the total investment in the investment project does not exceed the central budget capital. in the total investment in the investment policy decision

For projects that have not been decided on a policy, the Ministry of Transport requires a preliminary review and update of the total investment in the investment policy step at the current price.

In case the estimated capital need for implementation in the 2021-2025 period is larger than the amount expected to be allocated in the medium-term plan of the project, the units shall review the proposal on the scope and scale of the project. projects, propose plans for investment divergence or integration with local budget sources when submitting investment policies for approval, ensuring the central budget capital demand for project implementation in the period not exceeding the capital level. was expected to be allocated in the medium-term plan for the period of 2021-2025.

Previously, in the medium-term public investment plan for the 2021-2025 period, the Ministry of Transport had planned to allocate capital to start 64 new projects, including: 4 key national projects, 9 group A projects and 51 projects. Group B and C projects.

Up to now, 48 projects have been authorized to decide on investment policies, including: 1 national important project (North-South expressway in the 2021-2025 period), 2 group A projects (Rach Mieu 2 bridge) and My An-Cao Lanh Expressway) and 45 projects of groups B and C.

In which, 5 new projects have been decided to invest, including: Rach Mieu 2 Bridge, National Highway 32C Phu Tho project, National Highway 7 Nghe An project, National Highway 12A Quang Binh project, and a new project to build a search and rescue ship operating far away. edge.

PT

Source: Cổng thông tin điện tử Chính phủ

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