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Thứ 4, Ngày 01/09/2021, 17:00
Binh Duong is expected to allocate over 49,500 billion VND of medium-term public investment capital for 2021-2025
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01/09/2021

​PORTAL - On the afternoon of August 31, at the Provincial Administration Center, the People's Committee of Binh Duong province held the 2nd meeting to approve the medium-term public investment plan for 2021-2025. Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the Meeting.

​​Attending were Mr. Mai Hung Dung - Member of Provincial Standing Party Committee, Permanent Vice Chairman of Provincial People's Committee; Mr. Nguyen Loc Ha - Member of Provincial Standing Party Committee, Vice Chairman of Provincial People's Committee and leaders of departments, committees and branches. The meeting was online to 09 bridge points of the districts, towns and cities.

 

Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chairs the Meeting

According to the Draft plan, total medium-term public investment capital in the 2021-2025 period from the local budget is more than 49,562 billion VND. In which, the provincial budget allocates 31,912 billion VND for 445 projects; the district budget allocates 9,500 billion VND to 09 districts, towns and cities; the provincial budget deficit in 2021 allocates more than 204 billion VND for 02 projects; the task for provincial planning is 70 billion VND; the provincial budget reserve of more than 7,945 billion VND is expected to be arranged for 62 projects that have been assigned the task of preparing for investment but have not yet met the conditions for allocating capital for project implementation. At the same time, the Central budget allocates more than 2,581 billion VND of domestic capital and more than 40 billion VND of foreign capital.

During this period, the province plans to arrange 40 key projects and works with a total capital of 13,821 billion VND.

At the Meeting, the Department of Planning and Investment proposed a number of solutions to accomplish the goals of the Plan. Accordingly, departments, branches, localities and investors must mobilize maximum resources to complete works and projects according to the set goals and plans. The investor cooperates with specialized Departments and localities to quickly complete the investment preparation documents, the construction unit soon completes the acceptance and capital payment procedures, not to accumulate the volume at the end of the year, especially works with a large volume of compensation and clearance. Prioritizing important and key projects, compensation and site clearance projects of the province, works that can be completed and put into use in 2021 and 2021-2025, reducing capital and reviewing the responsibility of individuals and related units, leading to low disbursement of the project. The province will set up an inspection and supervision team led by the leader of the provincial People's Committee to promptly remove difficulties and obstacles in the implementation process.

 

The meeting is online to 09 bridge points of districts, towns and cities

Concluding the Meeting, Chairman of the Provincial People's Committee Vo Van Minh emphasized that the medium-term public investment plan for 2021-2025 is very important, having a great impact on the development of the province in this period, so it is recommended that the districts, towns and cities, based on the actual situation of their localities, focus on studying and supplementing the draft Plan. The Chairman of the Provincial People's Committee noted that the allocation of capital should give priority to the transport sector, especially the regional connection traffic; create a clean land fund to be proactive in public investment. Well implementing traffic and urban planning, creating motivation to attract investment enterprises. Assigning the Department of Planning and Investment to continue implementing the prescribed processes and procedures to complete the draft Plan and submit it to the Provincial People's Council for approval.

As reported by the Provincial People's Committee, in the 2016-2020 period, Binh Duong has mobilized resources to supplement the medium-term public investment capital plan to ensure adequate capital allocation for projects started and completed within the period (residual source of salary reform, local budget deficit and other sources of capital). By the end of the medium term, the province's total public investment capital plan is 45,913 billion 088 million VND, allocated to 823 projects.

The total disbursement value as of January 31, 2021 is 38,491 billion 727 million VND, 17% higher than the plan assigned by the Central Government, reaching 84% of the adjusted plan and 114% of the plan assigned by the Provincial People's Council at the beginning of the term.

Reported by Phuong Chi-Translated by Nguyen Trang

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