mai hien


TRUNG LUONG – MY THUAN PROJECT SEES HOPE AFTER DELAY.
Friday, 02 August 2019 10:49

Prime Minister Nguyen Xuan Phuc said that the Trung Luong – My Thuan Expressway must be completed in 2020 and open for traffic in 2021.

 

Capital for the project would be sufficiently allocated, the PM said.

This gives hopes to the investor as construction on the expressway could have been delayed indefinitely because it has run out of money, according to a Nguoi Lao Dong (The Labourer) Newspaper report.

 

Luu Xuan Thuy, vice chairman of the management board of the BOT Trung Luong -My Thuan Company, the project investor, said that the company had exhausted their funds for the infrastructure project.

 

Two days ago, the company held an emergency meeting with the People’s Committee of southern Tien Giang Province, relevant agencies and contractors to discuss halting the project next month.

 

The reason given was the slow approval of adjustments to the design and delays in capital disbursement from the State budget and other sources of credit.

 

Since Tuesday, workers had gathered on the construction site of the project to ask for wages from the investors, the paper reported.

 

“For more than three months we have had to mobilise funds from alternatives sources, but we can’t do it anymore. So we had to stop work on the construction site,” said a representative of Thanh Noi Ltd. Company, a sub-contractor of the XL13 bidding package.

 

The project had a total of 25 bidding packages which were carried out by several different contractors.

 

“If only considering the XL13 bidding package, many people would think it was a partnership of financially weak investors and contractors,” said Thuy.

“But that’s not true,” he said.

 

The Trung Luong- My Thuan Expressway Project has been carried out under a public-private partnership with total investment of VNĐ12 trillion (US$518 million) as per the latest adjustment.

 

So far, the investor and contractors have spent about VNĐ3 trillion (US$130 million), of which the investor paid VNĐ2.5 trillion (US$108 million).

 

Since re-starting the project in April, the construction work is now 25 per cent complete, from just 10 per cent ten years ago, according to the investor.

 

Work on the 50km Trung Luong- My Thuan Expressway started in 2009 under build-operate-transfer model with total investment of VNĐ9.8 trillion (US$417.5 million). It was under the management of the Transport Ministry before Tien Giang People's Committee took over.  The project was stopped in November 2018 due to difficulties in securing loans and changes in public investment policies.

 

Recently, Tien Giang People’s Committee paid the investor VNĐ228 billion (US$9.8 million) in advance for ground clearance work while it waited for money from the State budget and sources of credit, the company’s general director Mai Manh Hong told Tuoi Tre (Youth) Newspaper.

“But this amount was too little for such a big project,” said Hong.

 

So far, only six out of 25 bidding packages have been carried out. Other packages are working perfunctorily or have stopped due to the lack of funds.

 

Pham Tien Duc, vice general director of the Infrastructure Construction CII Company, another contractor, said that until now his company had poured nearly VNĐ300 billion (US$13 million) into the project.

 

“The investor paid us a small amount of money. Now, we are running out of money while knowing that the project’s design adjustment was not approved and money has not been disbursed from the State budget,” said Duc.

 

“Under these circumstances, we can only keep working until mid-August,” he said.

According to Thuy, there were obstacles beyond the ability of project investors and endurance of contractors, so they had to consider halting the work.

“This was a solution to minimises losses and prepare for re-deployment under better conditions,” Thuy said.

 

In the meeting, Thuy asked the provincial People’s Committee to approve the project’s design adjustments, which would help the company get loans from credit providers.

 

The company also wanted to have a schedule of capital disbursement from the State budget.

Accordingly, the investor proposed the government to ask ministries of Planning and Investment, Finance, Transport and the provincial committee to accelerate the disbursement of funds.

 

The Finance Ministry should accelerate procedures to refund the investor for the ground clearance work.

 

Hong suggested that in case banks could not offer loans, the authorities should consider issuing bonds for HCM City-Trung Lương toll station to supplement investment for the project.

 

 

 
ONE, HAPAG-LLOYD, COSCO AND YANG MING LAUNCHING NEW INDIA - EUROPE SERVICE
Wednesday, 31 July 2019 01:32

 

Ocean Network Express (ONE), Hapag-Lloyd, Cosco Shipping and Yang Ming Line are launching a new service covering South East India, the Mediterranean, and North Europe.

 

The service named Indian Ocean Service 3 (IO3) by ONE and South-East India – Europe Express (IEX) by Hapag-Lloyd will operate between India, the Middle East (Jeddah and Damietta) and Europe -Piraeus, Le Havre, Antwerp, Rotterdam, Hamburg and London Gateway.

 

There will be nine 6,500 teu vessels deployed on the service with Hapag-Lloyd contributing four vessels. The service will commence on 26 October operating on 63-day rotation.

 

“Our customers have been talking to us about their growing needs in the Indian and Bangladeshi markets, and we have been listening. The introduction of the IEX is a game changer, as it will be

the first dedicated direct service from Southeast India to Europe, offering connectivity to the global network of Hapag-Lloyd,” says Maximilian Rothkopf, coo of Hapag-Lloyd.

 
DHL SUPPLY CHAIN PARTNERS TETRA PAK TO IMPLEMENT ITS FIRST DIGITAL TWIN WAREHOUSE IN ASIA PACIFIC
Tuesday, 30 July 2019 03:03

DHL Supply Chain, the global market leader for contract logistics solutions, has successfully implemented an integrated supply chain solution for Tetra Pak's warehouse in Singapore, one of its largest globally. This is the first smart warehouse for DHL in Asia Pacific to deploy the digital twin technology, which involves using digital models to better understand and manage physical assets.

 

"Tetra Pak is the world's leading food processing and packaging solutions company serving the needs of hundreds of millions of people in more than 160 countries, and we are proud to play a part in their vision to make food safe and available everywhere," said Jerome Gillet, CEO, DHL Supply Chain Singapore, Malaysia, Philippines. "By jointly implementing a digital solution to support Tetra Pak's warehousing and transport operations, this collaboration is a great example for smart warehouses of the future to deliver agile, cost effective and scalable supply chain operations."

 

 

 

Combining the Internet of Things (IoT) technology with data analytics, DHL Supply Chain created a smart warehouse solution (video) for Tetra Pak by bridging its physical warehouse with a unique virtual representation that monitors and simulates both the physical state and behavior of the warehouse assets in real time. With this digital twin solution, Tetra Pak is able to maintain 24/7 coordination of its operations to resolve issues as they occur, particularly those that involve safety and productivity.

 

Warehouse supervisors can use real-time operational data to make informed decisions to reduce congestion, improve resource planning and allocate workload. Using IoT and proximity sensors on Materials Handling Equipment (MHE), spatial awareness is enhanced, thus reducing potential collision risks. Controlled areas with restricted access are also monitored with management alerts.

 

DHL control tower monitors the flow of inbound and outbound goods to maintain time efficiency, ensuring goods are correctly shelved within 30 minutes of receipt, and delivery-bound goods are ready for shipment within 95 minutes.

 

To reduce operational risks and improve safety, DHL Supply Chain has implemented a container storage management solution that minimizes the need for employees to handle heavy containers. All employees are also trained to work within newly introduced safety measures.

 

"Innovation has always been at the heart of what we do at Tetra Pak. To keep the cogs of our operations turning seamlessly, it is vital that we have complementary warehousing and supply chain solutions that can meet the high demands of our customers.  We are pleased with the successful implementation of this smart warehouse, and look forward to partnering DHL Supply Chain to further enhance our productivity and maintain our high safety standards in our supply chain operations," said Devraj Kumar, Director, Integrated Logistics, South Asia, East Asia & Oceania, Tetra Pak.

 

DHL Supply Chain has a proven track record in Singapore of leveraging knowledge and expertise gained through its international operations to meet customer requirements locally, which has allowed it to expand and strengthen its business in the country. The company offers third party logistics (3PL) solutions, allowing customers to fully outsource their logistics management and operations. Solutions include warehouse management, domestic transportation, service parts logistics, packaging design and recycling, all delivered through state-of-the-art IT solutions and project management techniques.

 

 
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