Discussing the construction investment plan for 2014

(Baonghean.vn) -On the afternoon of September 25, the Department of Planning and Investment held a conference to discuss strengthening investment and construction management; Principles and criteria for developing the 2014 basic construction investment plan.

From 2014 to 2015 is the final stage of completing the objectives of the 5-year socio-economic development plan 2011-2015 and implementing Resolution No. 26 of the Politburo on the direction and tasks of developing Nghe An province until 2020. However, this stage continues to implement a tight monetary policy, public investment capital is reduced according to the investment restructuring project while the pressure on investment demand is very large (due to the shift from the state of stimulating demand to reducing demand, leading to many projects having to delay and postpone progress). Local resources are also facing difficulties due to low budget revenue in 2013. In addition, due to the impact of storms and floods, technical infrastructure is damaged, requiring a large amount of capital to overcome the consequences in order to soon stabilize life and production and business. Therefore, capital for construction and infrastructure to ensure balance of demand is very difficult.

Conference scene.

In that situation, the province requires departments, localities, investors and project management boards to seriously implement regulations on basic construction work and plan development for 2014 on the basis of improving the quality of work of establishing, appraising and approving projects using state budget capital and government bonds; strengthening management work to minimize and end outstanding debts in basic construction; developing investment plans from state budget and government bonds for 2014 in accordance with regulations...

At the conference, there were many opinions suggesting that priority should be given to capital sources to repay debts for projects that have been handed over and put into use, transitional projects and truly urgent projects.

The conference also discussed the medium-term basic construction investment plan using the state budget and government programs and listened to reports from a number of units on the status of planning for 2014.

Hoang Vinh