Cooperation - Investment

Hai Duong to allocate nearly 1,760 billion VND to 9 public investment projects

Hai Duong News 20/08/2024 17:09

The People's Council of Hai Duong province has decided to fund nine new projects in its 2021-2025 capital plan.

Việc phân bổ, điều chỉnh vốn kịp thời sẽ thúc đẩy giải ngân vốn đầu tư công
Timely capital allocation and adjustment will promote the disbursement of public investment

The People's Council of Hai Duong province has issued a resolution to adjust public investment plans using local budgets for five years from 2021 to 2025 and the provincial budget for 2024.

Regarding the 2021-2025 capital plan, the provincial People's Council decided to deduct 0.121 billion VND redundant from one project.

On the other hand, the committee will allocate nearly 1,760 billion VND to nine newly-commenced projects, five of which are expected to be completed in the 2021-2025 period and four after 2025.

In addition, non-budget State financial funds will receive 50 billion VND in charter capital, and district budgets will be added to assist district authorities in realizing eight projects with a total budget of nearly 195 billion VND.

The provincial People's Council also decided to distribute 185 billion VND from the 2024 public investment plan (provincial budget) to two newly-started projects, and increase the charter capital of the Hai Duong Development Investment Fund and district budgets to support the implementation of three projects.

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Hai Duong to allocate nearly 1,760 billion VND to 9 public investment projects