Vinh City allocates more than VND 3,347 billion for 389 public investment projects in 2024
(Baonghean.vn) - This content was decided by the City People's Council at the 11th Session, 22nd term, 2021 - 2026 term, held at the end of December 2023.
Specifically, at this session, Vinh City People's Council issued a Resolution on the 2024 Public Investment Plan with a total capital of more than VND 3,347 billion from the city budget.
It clearly stipulates the principles, criteria and plans for allocating city budget capital in order of priority: Allocating capital to pay off outstanding debts for basic construction (if any); allocating capital to recover the remaining advanced capital that must be recovered in the medium-term public investment plan for the period 2021-2025 (if any); allocating capital for projects that have been completed and handed over for use before December 31, 2023.
Next, the city will allocate capital for transitional projects that have exceeded the capital allocation period or transitional projects that must be completed in 2024 according to the capital allocation period, in which projects that have exceeded the capital allocation period must have a specific explanation of the reasons and a proposal to extend the capital allocation period according to regulations; allocate sufficient capital for investment preparation tasks, planning tasks, counterpart capital for projects using ODA capital and preferential loans from foreign donors, State investment capital participating in project implementation under the public-private partnership method, payment obligations of the central budget; allocate capital for transitional projects according to the approved schedule. After allocating sufficient capital for the above projects, capital will be allocated for new projects to start construction.
Accordingly, a total of more than VND 3,347 billion of city budget capital will be allocated for 389 projects, including 66 completed projects; 135 unfinished projects; 80 land exploitation projects; 45 investment preparation projects and 63 newly started projects.
Among the 63 newly started projects, there are a number of projects that voters and people have been interested in and have repeatedly reflected and proposed, such as the Le Mao extended road project, phase 2; the project to renovate and upgrade Nguyen Gia Thieu road (section from Vo Nguyen Hien street to Ton That Tung street), Hung Dung ward; the Tran Minh Tong road project, section from Tran Tan street to Tue Tinh street; the upgrading of Nguyen Bieu road, branch 1, Le Mao ward; the Vinh city smart urban construction project, phase 1...
In addition, Vinh city also prioritizes the commencement of new projects to prevent local flooding; renovate and upgrade the main and important traffic systems of wards and communes; urban beautification projects such as the construction of drainage ditch systems on Tran Phu Street, Phong Dinh Cang Street, Phuong Hoang Street, Doan Nhu Hai Street; construction of Nghi Kim - Nghi Van drainage canal system, phase 2; construction of Nghi Phu and Nghi Duc regulating lakes and connecting ditches; renovate and upgrade Ngo Tuan, Cao Ba Quat, Nguyen Kiem, Tran Van Quang, Ngo Quang, Nguyen Huu Dien, Minh Tan Streets, etc.
