Abstract
Planning of road transport development in Vietnam vision to 2030 has emphasized the role of maintenance work in order to make the most of existing transport infrastructure capacity to ensure efficiency and sustainability in exploitation. The Government has also implemented numerous policies to mobilize investment capital for road maintenance and recorded some achievements (in the 2013-2018 period, the average capital allocated for national highway maintenance was VND 6,778.644 billion/year, many times higher than the period from 2009-2012 which was VND 2,615.13 billion/year). However, granted capital for annual maintenance has not met the demand. One of the reasons is that the capital mobilization planning is still limited, particularly the planning medium and long-term maintenance has many shortcomings, not close to reality. Based on the analysis of existing capital and capital needs as well as the survey results, with the aid of SPSS software, the author has proposed solutions to complete capital mobilization planning, aims at increasing revenue for road maintenance, through improving capacity for medium and long-term maintenance planning.
Highlights
Roads have a key position in the national transportation system and an important role to play in the socio-economic development process, contribute to ensuring national defense and security, and should be prioritized for investment
The Government has implemented numerous policies to mobilize capital for road maintenance such as collecting usage fees on motor vehicles, charges for using and exploiting road infrastructure assets and so on, and has achieved numerous positive results : the capital allocated for maintenance in the period 2013-2018 is many times higher than the previous period
Existing situation of capital mobilization for road maintenance Implementing Decision No 355/QD-TTg dated February 25th 2013 on "Approving the adjustment of Transportation Development Strategy to 2020, vision to 2030" of the PM, the Ministry of Transport has had a number of comprehensive innovation policies in terms of quality management, payment mechanism, technology application, implementation methods, standards and norms, and especially capital mobilization
Summary
Roads have a key position in the national transportation system and an important role to play in the socio-economic development process, contribute to ensuring national defense and security, and should be prioritized for investment. In order to have effective and rational development, roads must be maintained in accordance with technical standards to ensure safety and avoid waste throughout the utilization process, in addition to mobilizing sufficient capital for construction investment. The Government has implemented numerous policies to mobilize capital for road maintenance such as collecting usage fees on motor vehicles, charges for using and exploiting road infrastructure assets and so on, and has achieved numerous positive results : the capital allocated for maintenance in the period 2013-2018 is many times higher than the previous period. Since 2013, the capital for road maintenance has been less insufficient, the scale has increased significantly, from the following sources: Annual fee of using toll road on motor vehicles; the annual state budget allocated to the Fund; revenue sources related to road use and other sources of revenue as prescribed by law.
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