Many key traffic projects behind schedule

In the southern region, the Ben Luc-Long Thanh expressway project is 72% complete, 12% slower than scheduled.

Given the current slow progress, the ministry is concerned that the project could fail to be ready prior to the expiry of a loan agreement on December 14 next year.

Even though the ministry collaborated with the Commission for the Management of State Capital at Enterprises to handle bottlenecks, the inefficient execution dragged down the progress of the project.

Facing the same fate, the Trung Luong-My Thuan expressway project in southern Vietnam has been moving at a snail’s pace.

The ministry had earlier assigned the Tien Giang Province to remove obstacles and advance capital for site clearance, but the progress of the project has yet to be improved to date.

Among the seven projects, five involve urban railways, with the Ben Thanh-Suoi Tien and Ben Thanh-Tham Luong metro lines in HCMC falling far behind schedule.

Hanoi City has three urban railway projects behind schedule, with the Cat Linh-Ha Dong line not yet put into commercial operation due to obstacles related to appraisals and safety certification.

Nhon-Hanoi Station metro line is just 55% complete after seven years of construction, while Yen Vien-Ngoc Hoi railway is still in the administrative stage.

The Ministry of Transport ascribed the slow progress of these projects to the shortage of reciprocal capital and difficulties with site clearance.

However, the weak capacity of investors and contractors is one of the main factors hindering the construction of these projects, the ministry said.