Ministry of Transport
puts stop to numerous railway projects
The Ministry
of Transport has decided to stop a number of state and ODA-funded railways
projects after discovering corruption and other misconduct by the two
investors, the Vietnam Railway Corporation (VRC) and
The ministry is now seeking new investors for a number
of projects, that were in progress or in the planning stages.
Licenses revoked on numerous
railway projects
As a result, VRC has had their investment licenses
revoked for seven ongoing projects. The most prominent misconduct seems to be
a case in which VRC’s deputy general director, Tran Quoc Dong, was arrested
under the suspicion he received a JPY80 million ($780,890) bribe from a
Japanese partner.
VRC also had licenses revoked for several other
projects using Japanese ODA, including the
Several other VRC’s suspended projects, using French
and Chinese loans, including projects to build the Hanoi-Lao Cai, Hanoi-Dong
Dang, Hanoi-Thai Nguyen, Yen Vien-Lao Cai,
Six other VRC projects that scheduled, including the
railway crossing Hai Van Pass,
Three VNRA projects that were already underway and two
others that scheduled, including the Cat Linh-Ha Dong railway project, which
was seeking approval for an increase in investment of USD300 million. VNRA’s
director was recently criticised by the minister of transport for a lack of
responsibility during the management of the project.
By Chau Nhu Quynh, dtinews.vn
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Thứ Tư, 20 tháng 8, 2014
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