Nghe An is allocated more than 1,200 billion VND of Government Bond capital

(Baonghean.vn) – Recently, in Decision No. 1178/QD-BKHĐT/2017, the Ministry of Planning and Investment assigned the medium-term investment plan of Government Bond capital for the period 2017-2020 (valued at 90%) to Nghe An province at 1,212,961 million VND.

Perspective of Vinh - Cua Lo road. Photo: Tran Chau

This capital was allocated by Nghe An for 87 new projects, in which priority was given to the traffic project connecting Vinh - Cua Lo (phase 1) with a capital of 985.7 billion VND; the program to solidify preschool and primary schools for ethnic minority areas, remote areas arranged 86 projects with a capital of 227.26 billion VND.

Mr. Nguyen Van Do, Director of the Department of Planning and Investment, said: After arranging the 2017 TPCP capital plan, the education sector has completed 51 projects with a medium-term planned capital of 138.6 billion VND.

And now, the province is continuing to present the 2017 TPCP capital plan for the Program to solidify preschool and primary schools for ethnic minority areas, remote areas with 16 projects, the total proposed capital is 39.5 billion VND. Therefore, the investment demand for the remaining medium-term projects is 20 projects with the medium-term plan capital of 434.9 billion VND.

The province is also submitting to the Central Government for allocation of Government Bond capital for the period 2012-2015 for the Program of consolidating schools and teachers' housing to invest in building preschool classrooms in poor districts in Resolution No. 30a and districts with high poverty rates are applied with infrastructure investment mechanisms and policies as prescribed in Resolution 30a with 11 projects, total proposed Government Bond capital of 24.5 billion VND.

Pearl