On April 25, Mr. Trinh Thanh Sang, Deputy Director of the Department of Planning and Investment Ca Mau, signed the document (as assigned by the People’s Committee of Ca Mau province) answering the reporter’s question Youth around the settlement of the investment project to build rescue roads and rescue dykes on the West Sea, serving national defense and security in Da Bac island area, combined with forest fire prevention in U Minh Ha National Park (abbreviated as Tac Thu – Vam Da Bac road BT project).
The project has not yet been settled due to contract adjustments
On March 30, 2010, the Tac Thu – Vam Da Bac road BT project was approved by the Prime Minister for implementation in the form of BT. The project has been organized to select investors according to regulations.
On May 28, 2015, the People’s Committee of Ca Mau province signed a build-transfer contract with the investor Dong Tam Investment and Construction Joint Stock Company (BT contract No. 01/2015/HDBT-TTDB dated May 28, 2015). The route is more than 29 km long, passing through two districts of U Minh and Tran Van Thoi.
The Tac Thu – Vam Da Bac BT route is at risk of subsidence, the authorities must warn. Photo taken on April 21
Contract value is more than 702 billion VND. Of which, the total project investment capital of the investor is more than 593 billion VND; Estimated construction value is more than 473,625 billion VND; Other costs 34,650 billion VND; Provision costs are 85,713 billion VND…
The Department of Planning and Investment also stated that the project’s loan interest figure is 55 billion VND, the investor’s expected profit is 53,460 billion VND… The capital source for the project is money from another project of the investor: 355 billion VND; The rest uses state budget capital.
In a written response to PV Youth, Ca Mau Department of Planning and Investment informed that the Tac Thu – Vam Da Bac road BT project will be completed and put into use in 2021, but during the implementation process, some construction items will be adjusted and supplemented. At the same time, construction costs and other costs increased, exceeding the total approved project investment, so the feasibility study report had to be adjusted according to regulations.
In 2020, this road experienced serious subsidence
Currently, the Tac Thu – Vam Da Bac road BT project has not been settled. The reason is that the investor has not completed the contents related to adjusting some contents of the contract; The procedures as a basis for payment and finalization of investment capital for the completed project have not been fully implemented and an independent audit is being carried out. Ca Mau Provincial People’s Committee has issued a document requesting investors, relevant departments, branches and units to urgently coordinate implementation.
The total value of completed investors is 587 billion VND; Eligible payment value is 499 billion VND (15% retained for settlement procedures). Of which, paid budget capital is 349 billion VND, paid for by other projects is 150 billion VND.
Ca Mau Provincial People’s Committee issued a decision to allocate land to investors to implement other projects with a total area of about 110.09 hectares/194.6607 hectares including: An Sinh commercial housing project of 77.43 hectares; An Sinh II commercial housing project of 17.91 hectares; An Sinh III commercial housing project of 10.94 hectares; An Sinh IV commercial housing project of 3.81 hectares.
“The remaining amount will be paid between the Provincial People’s Committee and the investor after finalizing the project,” the document from Ca Mau Department of Planning and Investment stated.
