The Provincial People's Council gave opinions on investment policies and investment adjustments for 4 projects.

On the afternoon of October 11, continuing the program of examining the draft resolution to be submitted to the 3rd session of the 18th Provincial People's Council, the Economic - Budget Committee of the Provincial People's Council examined the draft resolution on investment policy and adjustment of investment policy for a number of projects in the province. Photo: Mai Hoa

TParticipating in the inspection were Standing Vice Chairmen of the Provincial People's Council: Nguyen Nam Dinh - Member of the Provincial Party Standing Committee and Nguyen Nhu Khoi - Member of the Provincial Party Executive Committee; Comrade Hoang Nghia Hieu - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; representatives of a number of provincial departments and branches.

Reviewing the draft resolution adjusting the investment policy for the connecting road projectVinh - Cua Lo, phase 2 (also known as Vinh - Cua Lo Boulevard), the issue raised some concerns by many members attending the meeting.

The project was initially divided into investment phases until 2030 with a total investment of 1,417 billion VND, of which the additional central budget source with a target for the locality was 1,202 billion VND and the local budget source was 215 billion VND, but now according to the draft, the division content is removed with the determination to complete by 2025; meanwhile, the additional central budget source with a target for the locality in the medium-term public investment plan for the period 2021 - 2025 is only 150/1,202 billion VND. The remaining large amount of 1,052 billion VND, according to the draft, will be taken from the local budget source for the period 2021 - 2025, is that guaranteed?

Deputy Head of the Economic - Budget Committee of the Provincial People's Council Hoang Lan gave his opinion at the meeting. Photo: Mai Hoa

Comrade Pham Tuan Vinh - Secretary of Thai Hoa Town Party Committee, member of the Economic - Budget Committee of the Provincial People's Council gave his opinion at the meeting. Photo: Mai Hoa

Based on the concerns of the members, at the meeting, comrade Nguyen Nam Dinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Council and comrade Nguyen Thanh Tung - Deputy Director of the Department of Finance clarified that the investment capital of 1,052 billion VND from the Central Government is now transferred to the local budget on the basis of restructuring the local budget expenditure, associated with increasing budget revenue, saving expenditure to reserve resources to be determined to complete the project within the 2021 - 2025 congress term.

Economic and Budget CommitteePeople's CouncilThe province also reviewed and agreed to submit to the Standing Committee of the Provincial People's Council for consideration and submission to the Provincial People's Council for decision at the next session the draft resolutions on investment policy for the construction of the Hoang Mai Town Medical Center (phase 2); draft resolutions on investment policy for the construction of the Nghe An Provincial Reserve Training Center project; draft resolutions on investment policy for the project of the People's Council - People's Committee Office of Do Luong district.

Comrade Nguyen Nam Dinh - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Council clarified the investment capital source from the provincial budget. Photo: Mai Hoa

Deputy Director of the Department of Finance Nguyen Thanh Tung pledged to ensure resources for the implementation of the Vinh - Cua Lo traffic project. Photo: Mai Hoa

Also at the inspection, the Economic - Budget Committee of the Provincial People's Council organized the inspection and agreed to report to the Standing Committee of the Provincial People's Council to submit to the next Provincial People's Council session a draft resolution on adjusting the public investment plan targets for 2021 and the public investment plan for 2020 extended to 2021; a draft resolution on the policy of converting forest use purposes to other uses to implement works and projects in Nghe An province.

Regarding the draft resolution on the policy of converting forest use to other uses to implement 4 projects in Nghe An province, the issue that members attending the meeting were concerned about was ensuring the environmental impact report of the gold mining project in Ta Soi area, Chau Hanh commune, Quy Chau district and the project of the Factory producing high-strength concrete components and construction materials in Nghi Yen commune and Nghi Hung commune, Nghi Loc district.

Comrade Hoang Nghia Hieu - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee received and clarified a number of issues raised by the meeting members. Photo: Mai Hoa