Vinh City: More than 79,000 billion VND for infrastructure construction
(Baonghean.vn) - That is the number of resources mobilized to invest in infrastructure construction in the past term in Vinh city. The result has created a fairly spacious and modern urban appearance.
During the 2015 - 2020 term, Vinh city focused on urban beautification and infrastructure investment, achieving many important results.
The city has made focused and key public investments, linking public investment with mobilizing social resources in investing in socio-economic infrastructure, actively mobilizing and investing to complete many key projects.
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| Checking the progress of Road 35 under the Vinh Urban Development Sub-project using ODA capital. Photo: Tran Chau |
During the past term, the city has completed: Medium-sized urban development project in Vietnam - Vinh urban development sub-project using ODA capital from the World Bank; Provincial Road 533 (Le Viet Thuat); 72m Vinh - Hung Tay road; Nghi Kim, Cua Nam, Quan Bau railway overpass; upgrading Vinh International Airport; Pham Hong Thai, Vo Thuc Dong roads; Namyangju Dasan road (invested by Korea), 35m planned road connecting from Lam River bank road to National Highway 46... and a series of other projects creating urban highlights.
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| The ancient citadel moat has been upgraded. Photo: Thanh Cuong |
The total capital for infrastructure construction is 79,478.8 billion VND, reaching 79.48% of the capital mobilization demand for the period 2016 - 2020. The work of mobilizing resources from the people to build technical infrastructure works is focused on, the total value of people's contributions is estimated at 163.5 billion VND.
The city has mobilized 3,213 billion VND from ODA and NGO capital sources; Mobilized resources for investment in construction of projects using FDI capital reaching 860 billion VND. Mobilized state budget resources: 5,685 billion VND, reaching 7.15% of the plan; state credit capital reached 4,656 billion VND, reaching 5.85% of the total mobilized investment capital demand; commercial credit capital: 6,500 billion VND, reaching 8.2% of the plan.
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| Lenin Street, Vinh City. Photo: Lam Tung |
Another important resource is capital mobilization from enterprises, reaching VND 22,912.8 billion.
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