1,000 households to be moved out of Xuyen Tam canal project

Standing Deputy Chairman of the Ho Chi Minh City People’s Committee Tran Vinh Tuyen had a meeting with the city’s departments, agencies to listen to plan to invest in Xuyen Tan canal project as per conclusion of the HCMC’s Party Committee’s Standing Board to the projects along canals, this morning.

1,000 households to be moved out of Xuyen Tam canal project

The Xuyen Tam canal project has 8km long spanning to Binh Thanh District and Go Vap District, affecting to about 2,000 households (in Binh Thanh Dist) and over 10 households (Go Vap Dist).

Total investment capital is estimated to reach VND 8,7trillion. Of these, total clearance and compensation, resettlement payments will be VND 3trillion. Binh Thanh authority said over 700 resettlement houses in the district are ready for households under this project.

At the meeting, deputy chairman Tuyen assigned the departments to build investment plans and send them to the committee for approval.

Accordingly, the project will be implemented under Build-Transfer (BT) model or BT and public investment models. The city will prioritize budget from auctioning land use rights in the locations to implement the project. In December, 2018, the city’s Standing People’s Committee will report result to the city’s Party Committee’s Standing Board for final decision.

BINH MINH –Translated by Kim Lien

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