May 23, 2023 | 09:55

Government tightens management over construction investment consultancy

Anh Tú

Many projects have had investment plans and capital adjusted, causing waste.

Government tightens management over construction investment consultancy

Deputy Prime Minister Tran Hong Ha has issued a directive requesting relevant ministries and agencies to tighten management and handle shortcomings relating to construction investment consultancy for transport projects.

The directive said investment consultancy has seen positive results but still exhibited shortcomings, especially in design and surveys without full and comprehensive information.

The estimated amount of investment capital in some projects have also failed to meet actual circumstances, leading to adjustments in investment plans and capital that negatively affect project progress and investment efficiency.

The Ministry of Transport was instructed to enhance management over the selection of consultants and consultancy contracts when conducted feasibility studies.

Those found to illegally transfer or sell bids will be strictly punished, according to the directive.

The Ministry was also required to increase inspections and supervision over the granting of licenses and certificates for construction consultants.

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