Determining economic efficiency when implementing urban development investment projects in Binh Duong province

Abstract

In Binh Duong province, there are many urban development investment projects being implemented along with the development of urbanization. During implementation, these projects often encounter delays, reducing investment efficiency and increasing the settlement value compared to the approved estimated value. Therefore, determining economic efficiency/loss when implementing urban development investment projects ahead of schedule/behind schedule is very necessary. Based on actual progress, manage the progress of typical urban development investment projects in Binh Duong province, including the causes and impacts on implementation progress, the author proposes solutions to help investors determine economic efficiency/loss when implementing projects ahead of schedule/slow schedule and helping investors and contractors have the right perspective in implementing urban development investment projects to achieve investment efficiency. This  will help minimize damage to parties involved in project implementation, thereby contributing to promoting socio-economic development.

Keywords: How to determine; economic efficiency; economic damage; urban development investment projects,...