Monday, April 28, 2014

EPC contractor of this project are: Group Company Limited China Railway Bureau 6;


People we all know Vietnam: Vietnam, not as a product of any technology on an international ata road cases level; even a well-known staples on the world market and unprecedented. However, the Government of Vietnam to borrow money over to China and China Package ata road cases with EPC contract (full name: Contract design, equipment supply and construction technology construction ) to invest in the system ata road cases "Hanoi Urban Railway" to Hanoi, with high rates of 2.5-3 times compared ata road cases with the world average, which is probably only make official Vietnam Men dare to think and dare to do.
According to Wikipedia Encyclopedia, the 6-line Hanoi "Hanoi Urban Railway". According baodatviet.vn, dated 23.04.2014, in the article "Chinese contractor team which nearly 100%: Not Acceptable" (1), the Cat Linh-Ha Dong route is introduced as follows:
"The project will build 13 km elevated railway and 1.7 km to the railway depot. Rail width 1,435 m, the maximum design speed of 80 km / g, average 35 km / g with sailing time from Cat Linh to Ha Dong 23.63 minutes. Full line has 12 stations on high, which is two transfer stations and gas station Cat Linh National University. The project is equipped with 13 trains, ata road cases each group of four wagon (a wagon carrying ata road cases about 300 people), the maximum frequency of transport 2 minutes / trip, the traffic equivalent of 1.02 million / day ".
In case, if Vietnam agrees to Chinese contractors capital increase from 552 million USD to 891 million USD, an increase of 339 million compared to total investment was approved initially, the price of this route will be higher than the world average level of 2.5 to 3 times. In this regard, the article also says:
"In the meantime, according ata road cases to Dr. Nguyen Xuan Thuy, traffic experts, the average investment in the world with subway 60-100 million / km, high on urban rail only 1/3 or about 20-30 million / km. With 13 km railway that total investment ata road cases (expected adjusted) amounted to 891.92 million, ie per kilometer cost almost $ 70 million is too expensive. Mr. Glass said that the responsibility to review the project implementation unit, burdened by rising borrowing costs this people will suffer. "
No doubt, the route to raise capital for Cat Linh-Ha Dong'm sure, because he was PTT Hoang Trung Hai, who was assigned to take charge most of the ministries and important economic sectors in Vietnam, has "green light" in a sentence directing subtle, still according ata road cases to the article above:
"Information Deputy Prime Minister Hoang Trung Hai has assigned the Ministry of Transport opinions appraisal, and decide which team responsible for 339 million dollars. It also assigned the Ministry of Transport in close collaboration with the Ministry of Planning and investment with the relevant agencies to work with the Chinese side to supplement China's ODA to the capital increase of the project ".
We can say that China's Ministry of Railways Ministry in the most corrupt ministries in China. Therefore, in 2013, the Chinese Ministry of Railway has dissolved (2). And also in 2013, Liu Zhijun, the former Minister of Railways was removed from office in 2011, was sentenced to death (3).
EPC contractor of this project are: Group Company Limited China Railway Bureau 6; "Contractors contracting for the first time as an EPC contractor in the field DSDT" (4) [formerly just pure construction contractor]. In an environment of corruption in China and the Chinese Ministry of Railways is dissolved, the Vietnam People are absolutely right about the suspected bribery of them for projects in the capital increase to over 61% (from 552 million USD to 891 million USD, an increase of 339 million USD).
Regarding ata road cases Vietnam to China agrees to perform EPC contracts for urban railways Cat Linh-Ha Dong, and in the future may be the entire urban railway projects in Hanoi (include 6 online ), we easily have the following thoughts:
1 - Vietnam Partners to help sell the technology to China "urban rail". And as everyone knows, science and technology of China is the average rating of the world. Although technology between "High Speed Rail" and "urban rail" may be different from each other, ata road cases but lessons about high-speed rail crash in China in 2011, as 40 people were killed and over 200 people were injuries, always an obsession not only of China.
2 - As you all know, Vietnam is now dependent on China in all aspects. Vietnam's public debt, according to the official report said, was up to 180 billion dollars, higher than the total gross domestic product in 2013 was U.S. $ 176 billion, while repayment source is only natural resource exploitation and sell crude to China. Each year, only interest payments alone, the Vietnam spent $ 6 billion. The investment in capital projects by borrowing abroad at prices usually double ata road cases the unit price of the investment world in the current period's employment

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