Hai Duong is expected to need about 118,217 billion VND of public investment capital in the 2026-2030 period.

Hai Duong is expected to need about 118,217 billion VND of public investment capital in the 2026-2030 period.

According to the report of the Department of Planning and Investment of Hai Duong at the September meeting (2nd time) of the People's Committee of Hai Duong province, it is expected that in the period of 2026-2030, the whole province will need about 118,217 billion VND of public investment capital from the state budget.

Specifically, Hai Duong's demand for public investment capital from the state budget for the 5 years 2026-2030 is about 118,217 billion VND, of which provincial capital is 89,260 billion VND (including 21,322 billion VND requested by the district for additional targeted support) and district and commune capital is 28,957 billion VND.

Hai Duong is expected to need about VND119,000 billion in public investment capital in the 2026-2030 period. Photo: Thanh Chung

The estimated local budget capital for the 2026-2030 period includes land use revenue from localities of about 45,000 billion VND, proposed central budget capital from domestic sources of about 7,500 billion VND (an increase of 54.7% compared to the 2021-2025 plan), and capital from legal revenue sources of public service units of 35 billion VND.

According to Mr. Le Anh Dung, Director of the Department of Planning and Investment of Hai Duong, the 5-year public investment orientation for 2026-2030 must be consistent with the development orientations and goals according to the provincial planning, the Resolution of the Party Congresses at all levels for the 2025-2030 term, and the projected 5-year socio -economic development plan for 2026-2030. In particular, priority will be given to allocating capital to accelerate the implementation of key projects, projects implementing programs and projects according to the Resolution of the Party Congresses at all levels and projects connecting with inter-regional impacts, expanding the space to attract investment in production and business development, which is meaningful in promoting rapid and sustainable socio-economic development.

Mr. Le Anh Dung, Director of Hai Duong Department of Planning and Investment, reported on the expected 5-year medium-term public investment plan 2026-2030.

Based on the assessment of the 5-year public investment plan for 2021-2025, departments, branches, localities and units identify key and important tasks to implement in accordance with the goals and orientations for allocating public investment capital for the period 2026-2030. Proactively arrange the priority order of programs, tasks and projects approved by competent authorities according to the level of urgency, importance and feasibility in the period 2026-2030; do not allocate capital in a scattered and fragmented manner.

Hop Thanh Bridge, part of the project to renovate and upgrade provincial road 390 (Thanh Ha district), is under urgent construction. Photo: Hai Duong Newspaper

Focus on allocating investment capital to complete and accelerate the implementation of national target programs, projects to implement key programs, projects and projects according to the Resolution of the Party Congresses at all levels for the 2025-2030 term (documents expected to be submitted), important projects, connecting with inter-regional impacts, expanding space to attract investment in production and business development, meaningfully promoting rapid and sustainable socio-economic development; projects in the fields ofeducation , training of high-quality human resources, protecting and taking care of people's health, adapting to climate change, wastewater and waste treatment, digital transformation, national defense and security.

In 2024, Hai Duong's total public investment capital will be VND 8,389.6 billion, VND 1,457.9 billion higher than the plan assigned by the Prime Minister and an increase of nearly VND 650 billion compared to 2023. Provincial capital will manage investment in 71 projects, traffic, health, education works... to gradually complete socio-economic infrastructure, serving development goals.

Since the beginning of 2024, Hai Duong's departments and branches have proactively carried out public investment tasks. The evidence is that projects and works have been allocated detailed capital in a timely manner. However, difficulties in site clearance, planning, material sources, etc. have caused many projects to be slow in disbursing. As of September 20, the whole province had only disbursed VND 2,420.6 billion, reaching 28.8% of the total payment capital and 34.9% of the plan assigned by the Prime Minister. There are still 15 provincial-level projects that do not have disbursement data.

The East-West axis road project of Kim Thanh district, phase 1, is one of the works and projects using public investment capital that has been completed and opened to traffic since July 2024. Photo: Hai Duong Newspaper

To achieve the target of over 95% public investment disbursement rate in 2024, Hai Duong Provincial People's Committee requires newly allocated capital projects to strive to start construction before October 31.

Also according to the Department of Planning and Investment of Hai Duong, in the first 9 months of 2024, the Department has completed procedures and advised the People's Committee of Hai Duong province to approve the investment policy of 24 new residential and urban area projects with a total investment of VND 18,065 billion. Of which, 21 projects have been approved by the People's Committee of Hai Duong province. The Department is synthesizing reports and advising the Provincial People's Committee to submit to the Provincial People's Council to decide on the list of land plots for implementing investment projects using land as a basis for bidding to select investors.

At the same time, the People's Committee of Hai Duong province also adjusted the investment policy of 42 residential and urban projects, mainly adjusting the implementation progress and operating time.

From 2021 to present, Hai Duong Provincial People's Committee has considered and decided on investment policies for 51 new residential and urban area projects (including 3 projects with completed documents awaiting decision) with a total investment capital of VND 24,178 billion.

Source: https://baodautu.vn/hai-duong-du-kien-giai-doan-2026-2030-can-khoang-118217-ty-dong-von-dau-tu-cong-d226262.html