Binh Duong cuts 1,115 billion VND in 58 projects to switch to high-disbursement projects

Binh Duong cuts 1,115 billion VND in 58 projects to switch to high-disbursement projects

The People's Council of Binh Duong province has just issued a Resolution on transferring public investment capital, in which it adjusted down 1,115 billion VND in 58 projects to transfer capital to 50 high-disbursement projects.

Binh Duong Provincial People's Council has just issued Resolution No. 21/NQ-HDND on adjusting the 2024 public investment plan using state budget capital.

In particular, the Resolution adds 18 projects to the 2024 Public Investment Plan with a total capital of 17.4 billion VND. This additional capital is allocated to prepare for investment in many school projects such as Hoi Nghia Secondary School (Tan Uyen City), Tan Vinh Hiep B Primary School (Tan Uyen City)...

Construction of National Highway 13 expansion through Binh Duong province

Regarding projects included in the 2024 public investment plan but not yet implemented, the People's Council of Binh Duong province also decided to remove from the plan 13 projects with a total capital of more than 400 billion VND.

Many transport infrastructure projects were removed from the 2024 public investment plan, including Hieu Liem Bridge; Tam Lap 2 Bridge; Nguyen Chi Thanh - National Highway 13 Intersection; construction of the road from Tan Thanh to Tam Lap Bridge on the Bac Tan Uyen - Phu Giao - Bau Bang dynamic route. In addition, the Binh Duong Press Information Center Project and the construction of a new provincial library were also removed from this year's investment plan.

In particular, after reviewing high-disbursement projects, Binh Duong Provincial People's Council decided to increase capital for 50 projects with a total increase of VND 1,498 billion.

Of which, Component Project 5: Construction of Ring Road 3 through Binh Duong province (including Tan Van intersection and Binh Goi bridge) increased by nearly 122 billion VND; Component Project 6: Compensation, support and resettlement of Ring Road 3 through Binh Duong province increased by 128 billion VND; Project to upgrade and expand DT748 (section from Phu Thu intersection to My Phuoc town's Northern belt) increased by 659 billion VND; Project to upgrade and expand the road from Binh Chuan intersection to the intersection with Dai Liet Si Tan Phuoc Khanh road increased by 159 billion VND.

To increase capital for 50 projects, Binh Duong province has cut capital in 58 projects with a total capital reduction of 1,115 billion VND, including many drainage projects, resettlement area construction, site clearance...

In addition, the province has reduced the local budget deficit in 2024 for 2 projects including: Binh Duong Province Water Environment Improvement Project reduced by 995 billion VND and Binh Duong Public Transport Infrastructure Improvement Project reduced by 6.6 billion VND.

In 2024, Binh Duong province was assigned 22,000 billion VND of public investment capital (200 billion VND higher than in 2023). By the end of July 2024, the province had only disbursed 5,021 billion VND, reaching 22.8% of the plan assigned by the Provincial People's Council and 32.9% of the plan assigned by the Prime Minister .

Source: https://baodautu.vn/binh-duong-cat-1115-ty-dong-tai-58-du-an-de-chuyen-sang-du-an-giai-ngan-cao-d223405.html