Friday , September 30 2022

Being inclined by the Japanese ambassador for debt, Vietnam says "the money is available, just waiting for approval"



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Responding to the question of why the Japanese ambassador must send a warning letter to stop the metro project Ben Thanh-Suoi Tien due to the "late payment" status, a leader of the Ministry of Planning and Investment (MPI)) confirmed Zing on 27/11 that the money for the project "already have", but because Congress has not gone so it can not export money.

Japanese Ambassador to Vietnam, Umeda Kunio, sent a letter to the Vietnamese Prime Minister, HCM Party Secretary and other ministry officials, saying HCM City had contracted the "late payment" to contractors in the construction sector. The consultant paid more than $ 100 million (November 16). This is a railroad that has been implemented with Japan's ODA since 2007.

The Tuoi newspaper Tre quoted the Japanese ambassador saying that the project was considered "very important" was not allocated by the Vietnamese government last October because of the delay in approving the decision. investment adjustment.

It is known that Metro no. 1 Ben Thanh-Suoi Tien was approved by Vietnam's Prime Minister in 2006. Vietnam signed a Japan ODA loan for this project in 2007 with total investment of $ 17,000 billion.

However, in 2009, this investment was recalculated and the "capital" was almost triple to 47 billion VND. In particular, ODA loans in Japan are close to 42,000 billion (88.4%), and the rest is the mutual capital of the city. This adjustment also prompted the project to postpone 6 years, until 2012, when the official is back.

HCM's General Director of Railways, Le Nguyen Minh Quang, was quoted by New Vietnam, saying that with the progress of the construction in 2017, it would need $ 400 billion for the project. However, the central government's ODA amount was only 2,200 billion VND on April 28, 1977, and payment was not accelerated, which led to slow progress.

According to the leader, "the Japanese side is very serious and serious. They have prepared enough, but we have not yet managed to allocate funds for the project," New Vietnam said.

Meanwhile, the HCM City People's Committee said Metro no. 1 should have a capital of about 28,000 billion, but the MPI has set only 7,500 billion, resulting in a deficit of 20,500 billion euros. The city raised 3.273 billion VND by the end of 2016, but it still is not enough to pay.

Zing, an unnamed MPI leader, said that due to the important nature of the project and the value of the capital invested, the Minister of Transport, must consult the Bureau of the Politburo before submitting it to the National Assembly.

He also said that "we carefully calculated" and "we prepared for the project," "just waiting for Congress to approve it."

Ambassador Kunio said that "the pressure on the contractors has reached a limit" and warns "if these problems will not be resolved by the end of December, the project will be forced to stop construction."

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