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		<h1>Seeking capital for technical infrastructure projects</h1>
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			<li>Tuesday - 27/10/2020 15:13</li>
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			<div class="ExternalClassA5CA232A9F814D3DAB77CA965EEB9008"><p style="text-align&#58;justify;">​<span style="font-size&#58;8pt;line-height&#58;115%;font-family&#58;arial, sans-serif;">​</span><span style="font-size&#58;8pt;"><span style="font-size&#58;8pt;line-height&#58;115%;">In
the next 5 years (2021-2025), localities in the province will need a large
source of capital to invest in projects, technical infrastructure works for
economic development. </span></span><span style="font-size&#58;8pt;"><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">Due to limited
budget</span></span><span style="font-size&#58;8pt;"><span style="font-size&#58;8pt;line-height&#58;115%;">, localities will have to find other sources of capital to implement
technical infrastructure projects.</span></span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;"></span></p></div></br><div class="ExternalClassD1AA27F03A5C418181FD87EECF556069"><p style="text-align&#58;justify;">​<span style="font-size&#58;8pt;">According to the People&#039;s Committees of
districts and cities in the province, the capital source for investment in
infrastructure projects and works for the coming period is up to several tens
of thousands of billion dong. Therefore, localities plan to exploit more
capital from the land fund to invest in roads and other works.</span></p>
<p style="text-align&#58;center;"><span style="font-size&#58;8pt;"><img src="https://dongnai.gov.vn/uploads/binhphuoc/news/2022/08/24218.caotoc.jpg" alt="caotoc.jpg" style="margin&#58;5px;width&#58;600px;height&#58;400px;" /><br /></span><span style="font-size&#58;8pt;line-height&#58;115%;">Highway
Ho Chi Minh City - Long Thanh - Dau Giay </span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">contribute</span><span style="font-size&#58;8pt;line-height&#58;115%;">
to attract investment in Thong Nhat district, Long Khanh city better.</span><span style="font-size&#58;8pt;"><br /></span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><b><span style="font-size&#58;8pt;line-height&#58;115%;">Prioritize
capital for road construction</span></b></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">The province&#039;s plan is from now to
2025, to upgrade and expand to 22 existing roads and 6 new open roads managed
by the province. On the side of districts, Bien Hoa City, Long Khanh planned to
repair, upgrade, renew many district, commune and hamlet roads to connect
traffic, ensure travel and trade. Specifically, each locality proposed to renew
and upgrade about 30 roads at district, commune and hamlet levels.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">According to leaders of districts and
cities, expanding and building new roads will create a breakthrough in economic
development in the coming period. Because localities will expand and invest in
many new industrial parks and industrial clusters, attracting laborers in the
locality and from other places. Industrial development will lead to other
services flourishing such as trade, real estate, tourism, logistics ...</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Ms. Nguyen Thi Cat Tien, Chairman of
Xuan Loc District People&#039;s Committee, said&#58; “The district is quickly completing
dossiers of nearly 20 traffic projects to put on construction in the coming
years. The completion and early operation of the above roads will help Xuan Loc
develop economically and soon complete a new and improved countryside”. Long
Thanh, Cam My, Nhon Trach districts ... are also expected to open and upgrade
many roads to ensure traffic in the area and connect districts, cities and
regions.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Mr. Huynh Tan Thin, Chairman of Cam My
District People&#039;s Committee said&#58; “In the next period, the district will invest
in building 2 industrial zones and 1 Long Giao industrial cluster, so it is
very necessary to invest in renovating and repairing about 30 routes. road to
connect traffic in the area and surrounding areas. New investment and expansion
routes will attract projects in other fields to invest in ”.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">&#160;Long Thanh district is also urgently
implementing a series of large and small traffic projects to meet the needs of
people traveling and transporting goods. Especially, coming here when Long
Thanh International Airport is built, it is very necessary to have the traffic
system around the airport. Nhon Trach district is located in the development
circle of the airport, so it is also looking for capital to invest in transport
infrastructure connecting with neighboring areas and the Southern Key Economic
Zone.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><b><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">Seeking</span></b><b><span style="font-size&#58;8pt;line-height&#58;115%;">
capital to build the road</span></b></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Dong Nai has determined that industry
is still the main field in economic development of localities and provinces in
the coming years. In the land use planning period 2021-2030, the province
attaches great importance to updating traffic projects to deploy. At the same
time, the province plans to find more capital to quickly implement projects.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Director of the Department of Transport</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">, Mr.</span><span style="font-size&#58;8pt;line-height&#58;115%;"> Tu Nam Thanh said&#58; “The Department has
coordinated with localities to quickly update all traffic routes in the land
use plan of the next period so that when the completion of the project
construction will commence and have capital. In order to exploit the advantages
from the new roads, localities have to plan land funds on both sides of the
road to exploit by auction ”.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Currently, the province&#039;s public
investment capital is very limited, each year, localities are only allocated a
few hundred billion VND to implement works, technical infrastructure projects,
so they will not have enough capital for implementation. Therefore, districts
and cities have to find more capital to implement the roads in the form of
socialization and land auction. The large amount of capital exploited from the
land is expected to help localities achieve 2 goals of investment capital on
roads and invite businesses to develop as planned.</span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">Chairman of the Provincial People&#039;s
Committee</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">, Mr.</span><span style="font-size&#58;8pt;line-height&#58;115%;">
Cao Tien Dung emphasized&#58; “If planning and exploiting well the land fund from
newly opened roads, localities will have a large capital source to invest in
other technical infrastructure projects in the area</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;"> of which create </span><span style="font-size&#58;8pt;line-height&#58;115%;">convenient transportation</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;"> condition</span><span style="font-size&#58;8pt;line-height&#58;115%;"> to easily attract investment in fields
in the area”.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;"></span></p>
<p class="MsoNormal" align="right" style="text-align&#58;right;"><span style="font-size&#58;8pt;line-height&#58;115%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;">Vi Quan</span><i><span lang="VI" style="font-size&#58;8pt;line-height&#58;115%;"></span></i></p>
<p style="text-align&#58;justify;">
<span style="font-size&#58;8pt;"></span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;">&#160;</span></p>
<p style="text-align&#58;justify;"><span style="font-size&#58;8pt;"><br /></span></p>
<p class="MsoNormal" style="text-align&#58;justify;"><span style="font-size&#58;8pt;line-height&#58;115%;"></span></p></div>
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