Infrastructure VEC seeks advance capital for Ben Luc-Long Thanh expy project The Saigon Times Wednesday, Nov 25, 2020,18:24 (GMT+7) VEC seeks advance capital for Ben Luc-Long Thanh expy projectThe Saigon Times A section of the Ben Luc-Long Thanh expressway in HCMC is under construction. Vietnam Expressway Corporation has asked the HCMC and Dong Nai governments to advance capital for the site clearance and compensation work for the project – PHOTO: LE ANH HCMC – Vietnam Expressway Corporation, the investor of the Ben Luc-Long Thanh expressway project, has asked the governments of HCMC and Dong Nai Province to allocate capital in advance for the site clearance and compensation work of the project. Only 2% of the land needed for the project has yet to be cleared, but the investor is incapable of affording the compensation. The corporation is waiting for the competent agencies to come up with solutions over capital issues at the project, the local media reported. Until date, Dong Nai has advanced more than VND10 billion as compensation for 19 households. Meanwhile, the HCMC government has yet to respond to VEC’s proposal on the advance to compensate 17 households. If the investor is provided capital for site clearance and compensation, it can immediately… Read full this story
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