1.Name of project: road construction along canal 8

2.Code: 7030168

3.Owner / Project management agency

3.1. Information about the project management owner / agency:

- Name:                North-West Metropolitan Area Authority Management Board

- Address:            86 Le Thanh Ton, District 1, HCM city

- Representative:   Nguyen Van Thanh      - Position: Head of the board

- Phone: 08 38 228 223              - Fax: 08 38 249 108

3.2. Scope of activities / functions: North-West Metropolitan Area Authority Management Board

3.3.   Contact:   North-West   Metropolitan   Area Authority Management Board

4. Objectives of the project

Canal 8 is a priority route of North-West Metropolitan Area Authority. Once completed, it will function as the backbone for urban expansion in the future. This road will be very important in terms of transport and urban development. It will connect the traffic arteries of Cu Chi and Long An provinces. At the same time, it will connect traffics and develop the 135ha – education zone of university and college moved from the city center to Highway 22 from Tam Tan street. Currently,  the  North-West  Metropolitan  Area Authority  Management  Board  has  signed  a memorandum with foreign investors. To facilitate the investment, the transport system and infrastructure should take one step forward.

From the above analysis, it can be concluded that the construction of Canal 8 Street is urgent and necessary.

5. Investment form: B.T

6. Investment scale

6.1. Estimated investment capital: 1,046 billion USD

6.2. Land use: 2,248 m2

7. Project duration

- Proposed date of implementation: third quarter of 2010

8. Looking for foreign partners

- Specific requirements for foreign partners: Calling foreign investors having financial capability, modern environmentally-friendly technology, experience and capacity to implement the transport infrastructure projects.

- Requirements for forms of collaboration: financing, cooperation, technology transfer, technical or joint ventures with domestic investors.

9. Information on the project location

9.1. Location

- Location specific:

+ Route along canal 8 located in the northwestern urban area, Cu Chi (The line goes through two communes of Tan Thong Hoi and Tan An Hoi)

+ Length of route: 4200 m long, cross road about 50 meters.

- Contact area: There is National Highway 22 route goes through, the arterial route to the neighboring provinces of Tay Ninh City, Long An, Binh Duong, Dong Nai and Phnom Penh Capital (Cambodia).

Thay Cai canal and An Ha canal are both important waterways.

Distance from the project to the city center, Tan Son Nhat Airport: around 25km

9.2. The state land

- Land type

Clearance

Land close to QL 22                          m2              18686.00

Garden land                                      m2              122165.00

Farm land                                         m2              100730.00

Built house                                       m2              89.00

Roofing house                                   m2              2159.00

- Clearance Status: No clearance

9.3. Electricity

- The commune is currently having low voltage system of 87.309 km length

- All major roads have lights. 100% of households use electricity directly from the national grid. The number of transformer stations: 06 stations meet the requirements, including 04 stations need upgrading.

9.4. Water

The main water source for domestic and agricultural activities are groundwater and surface water from canals.

9.5. Communication services

- Services available: Telephone, fax, postal and Internet. Each hamlet of the commune has 1 point for telecommunications and Internet access. Therefore, it is very convenient to people here to communicate, capture and exchange information.

9.6. Traffic

- There is a lot of investment in roads, currently, the total number of existing roads of the commune is 125, length of 80.72 km in total. Of which:

+ The commune backbone, inter-commune has been asphalted: 12.08 km

+ The village backbone, inter-village is asphalted, hardened: 58.82 km

+ Smooth roads infield: 9.1 km

-The status of some routes connecting with the project.

+ Trans-Asia road linking Ho Chi Minh City to Phnom Penh has been built and put into use in recent years, the road surface with asphalt concrete. Cross-section of QL22 includes 4 lanes for motor vehicle and 2 lanes for non-motorized vehicle. Width of the road about 25m.

+ Tam Tan: the road connecting An Ha Bridge to Tam Tan landfill area, close to An Ha and Thay Cai canals. Pavement is currently red gravel road, 4-6m wide. However it is heavily damaged.

+ Routes along canals 5 and 7 are the cart-track.

- Main transportation: Motorcycles

9.7. Waste / wastewater disposal systems

Solid waste has been collected, but there are still many spontaneous landfill in residential areas has not been relocated.

Waste water from households is only preliminary treated and rejected directly into waterways.

9.8. Human resources

Tan Thong Hoi workforce is relatively abundant with 23,628 people, accounting for 77% of the total population of the commune. In particular, workers in the agriculture, forestry and fisheries are 7965, accounting for 33.63% of the labor force of the commune; the rest 76.37% are working in the field of small industries, service commercial, civil servants, state employees, of which about

5,000 employees working in the business district and surrounding areas; this time there is still 1604 unemployment and only 21% (5.000/23.682) workers receiving short-term training to serve the needs of the enterprise. Number of labor force still in school age is 1,419, accounting for 6%.

10. Priority policies / Conditions to projects

Incentives for enterprises to implement road construction projects along the canal 8 in the form of B.T contract:

- To enjoy preferential import tariffs for goods imported for the construction of B.T under the provisions of law;

- B.T enterprises are exempt from land rent and land use fees for the area used for construction of B.T during construction;

- By the loose monetary policy, credit and stimulus packages to support the Government’s interest;

- Corporate income tax for other projects depending on the applied field and investment areas in accordance with the provisions of investment law and the law on corporate income tax.

11. Market analysis - the investment needed Demand / need for investment:

The North-West Metropolitan Area Authority Management Board has its planning project on construction of rate 1/5000 approved Decision No. 4919/QD-UBND October 29, 2009 of People’s Committee of Ho Chi Minh City and is now complete, approved detailed plans to build a scale of 1/2000 of functional areas.

In order to accelerate the construction of technical  infrastructure,  essential  infrastructure as a foundation for the development of urban areas northwest of Ho Chi Minh City in progress, especially  the  project  construction,  operation and management of new infrastructure projects, particularly roads in urban areas; connected, in sync with the development of major projects in urban areas together have, is being implemented constructed and put into operation, use, create a connection of transport infrastructure projects in the urban area with a smooth outer boundary of the North-West Metropolitan Area.

Canal 8 Street is the road in urban road transport system connection, inter-zone growth of higher education, college 135 ha due to relocation from the city center projects adjacent connecting traffic from the Tam Tan to Highway 22. The current state is cart-track for only about 3 meters in width, limited for circulation of vehicles as motorcycles; put pressure on urban transport development of the North-West and of circulation for automotive vehicles.

12. Licensing procedures for investment, construction and development projects

The order and procedures for projects in the form of B.T

- The agency approved the project: North-West Metropolitan Area Authority Management Board

- The evaluation of the project: Group A – Ho Chi Minh City Department of Planning and Investment.