On October 14, according to information from the People's Committee of Quang Ninh province, the facility reviewed projects and works included in the medium-term public investment plan and the need to use capital resources of localities, related departments and branches. Provincial authorities and Quang Ninh provincial government report to the Ministry of Planning and Investment and the Ministry of Finance on the expected public investment capital in 10.
Cua Luc 3 bridge project in Ha Long City, Quang Ninh province has an investment capital of more than 1.700 billion expected to be completed in 2023.
Accordingly, the total estimated need for public investment capital in 2024 of Quang Ninh province is more than 18.600 billion VND, including additional central budget capital for the province of 850 billion VND, and the remaining local budget capital (local budget). Quang Ninh province is more than 12.690 billion VND; the budget of affiliated localities is nearly 5.200 billion VND).
The order of priority for allocating public investment capital in 2024 is determined by Quang Ninh province: Payment of capital construction debt (if any); recovery of advance capital; Finalized projects; The completed project has been handed over and put into use but not enough capital has been allocated; capital for implementing transitional projects, especially key projects and dynamic projects with great influence...
Based on the expected public investment capital in 2024, the People's Committee of Quang Ninh province will report and submit to the Provincial People's Council for allocation to projects and works. In particular, the provincial budget capital is prioritized for allocation to 32 projects and works completed in 2024, 32 transitional projects and 16 new construction projects.
Along with building the public investment capital plan for 2024, the People's Committee of Quang Ninh province directs investors and localities to overcome shortcomings, limitations, remove difficulties, and accelerate the disbursement rate of investment capital. 2023, striving to disburse 31% of the allocated capital plan by December 12, 2023..
