Nghe An cuts and transfers 11 projects that have not fully disbursed capital

According to the State Treasury, for local budget sources, in 2020, 44 projects had their implementation period and capital disbursement plan extended from 2019 to 2020 with a total extended capital of 70.78 billion VND. By August 2020, the projects had disbursed 34.438 billion VND. The remaining undisbursed capital was 36.342 billion VND.

According to the review results, there are 11 projects that are expected to not fully disburse their planned capital targets and need to propose to cut and transfer capital to other projects with an amount of 8.4 billion VND.

Of which, there is 1 project whose capital plan has been transferred by the Provincial People's Committee in Decision No. 2798/QD-UBND dated August 19, 2020 with an amount of 1.5 billion VND (to adjust the medium-term public investment plan 2016 - 2020 for the Quynh Thach - Quynh Thanh - Quynh Luong rural traffic road project in Quynh Luu district).

Quynh Thach - Quynh Thanh - Quynh Luong route. Graphics: Lam Tung

Currently, there are 10 projects that are expected to not fully disburse their planned targets, so it is proposed to cut and transfer capital to other projects with the amount of 6,964 billion VND. The investors of the remaining projects have committed to fully disburse their assigned planned targets.

Specifically, 7 projects proposed to reduce and transfer capital include:

1. Repair and upgrade Bau Ganh irrigation and drainage canal, Dien Lam commune, Dien Chau district;

2. Traffic route from Quy Hop town to Chau Dinh commune, Quy Hop district

3. Inter-commune traffic route Boi Son - Hong Son, Do Luong district

4. Flood-prevention road connecting Dien Thinh, Dien Loc, Dien Tho and Dien Loi communes, Dien Chau district

5. Traffic road from National Highway 7A to Co Am Pagoda and Dien Minh commune center, Dien Chau district

6. Inter-village road Huoi Kho, Dooc May commune, districtKy Son

7. 1 project extended from 2019 to 2020.

Nghe An also reduced the planned target.public investment2020 for 3 projects including:

1. Repair and upgrade of Tich Tich reservoir, Thuong Son commune, Do Luong district

2. GT road to Thuong Son industrial cluster, Do Luong district

3. D1 longitudinal axis road belongs to the traffic infrastructure system of Thai Hoa new urban area

The Cau Dau dike upgrade project has been completed. Photo courtesy of Van Truong

At the same time, it is associated with an increase in capital targets for 3 projects including: Repairing and upgrading Bau Nai reservoir, My Son commune, Do Luong district, Nhan Son - Dai Son traffic road, Do Luong district and upgrading and expanding Provincial Road 545 through Thai Hoa town.