According to the report of the Provincial People's Committee, the public investment plan for 2026 is built on the basis of strict compliance with the Law on Public Investment, in accordance with the planning and Resolution of the 16th Congress of the Provincial Party Committee for the 2025-2030 term. The total public investment capital expected to be allocated in 2026 is 20,543.6 billion VND, of which the provincial budget is 17,543.6 billion VND, and the local budget is about 3,000 billion VND.
Mr. Pham Hong Bien, Director of the Department of Finance, said: The province clearly defines the principles for allocating public investment capital according to the goals and orientations for socio-economic development in the 5 years 2026-2030 and is allocated in a concentrated, focused and key manner. Public investment capital will be prioritized for regional transport infrastructure projects, creating new development space; improving the quality of medical facilities, providing health care for people and renovating and upgrading existing urban and residential areas, adapting to climate change - areas that have spillover effects, creating growth momentum and improving the quality of life of the people. In particular, capital must be centrally managed, with unified goals, mechanisms and policies, promoting the leading role of private investment to attract and mobilize all social resources for investment in development.
In the total capital plan for 2026, Quang Ninh plans to increase by more than VND8,600 billion compared to 2025, focusing on dynamic projects with regional connectivity and creating new development space. The projects selected for capital allocation are all highly feasible, ensuring disbursement progress and investment efficiency. The province is determined not to allocate capital for programs and projects that are not qualified or are prolonged or behind schedule.
Notably, many strategic traffic projects are in the group of newly started projects with large capital allocation, such as: Project to renovate and upgrade National Highway 4B section in the province; project to renovate and upgrade the road connecting Ha Long - Cam Pha coastal road with National Highway 279; project to renovate and upgrade National Highway 18B; project to renovate and upgrade National Highway 18C section from National Highway 18 to Hoanh Mo border gate; renovate and upgrade National Highway 10 in Yen Tu ward; coastal road in the Northwest of Cua Luc bay connecting from Troi 2 bridge through Tinh Yeu bridge and connecting to National Highway 279; coastal road extending from Tran Quoc Nghien street (near P4 pillar of Bai Chay bridge) through Binh Minh bridge to Bang bridge; road passing through Song Khoai Industrial Park, completing the entire route connecting from Ha Long - Hai Phong expressway to Dong Trieu.
Mr. Vu Van Dien, Standing Vice Chairman of the Provincial People's Committee, said: Quang Ninh province is aiming for a sustainable public investment structure, prioritizing key projects with high spillover potential, while increasing the proportion of investment in social infrastructure - education, health and environment. This is an important preparation step for the goal of developing Quang Ninh into a centrally-governed city before 2030.
The Provincial People's Committee requires investors and project management units to improve discipline and order in implementing public investment. The arrangement, disbursement and control of public investment capital must be public, transparent, in accordance with legal regulations, and linked to the responsibility of the head. The province also strengthens decentralization and delegation of authority, while promoting the application of digital technology in public investment management, ensuring monitoring and updating of data on the national information system on public investment and the province's digital platform. Quang Ninh's spirit is to absolutely not allow loss or waste in public investment. Budget capital must be used effectively, creating real value for socio-economic development.
Quang Ninh's 2026 public investment plan shows a consistent vision, public investment is not only for infrastructure construction, but also for creating sustainable development momentum, ensuring social security and improving people's quality of life. This is also a solid foundation for Quang Ninh to enter the acceleration phase, realizing the goal of becoming a centrally-governed city before 2030, a comprehensive development center of the Northeast region and the whole country.
Source: https://baoquangninh.vn/lay-dau-tu-cong-lam-don-bay-thuc-day-phat-trien-3384514.html
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