Nghe An adjusts medium-term public investment plan for 17 projects.

According to the adjusted medium-term public investment plan for the period 2021-2025 from the central government budget, the Provincial People's Committee decided to reduce the plan for one project by more than 75.6 billion VND; adjust the plan upwards for 16 projects by more than 75.6 billion VND; and recover advance payments from the central government budget totaling 75.6 billion VND.

Along with adjusting the capital plan, the Provincial People's Committee assigned the Department of Planning and Investment, based on the annual capital allocation notices from the Central Government, to advise the Provincial People's Committee on allocating the annual public investment plan to projects in accordance with the medium-term public investment plan for the period 2021-2025.

The Nghe An Provincial Treasury is tasked with overseeing the disbursement of annual public investment funds in accordance with the medium-term investment plan assigned in this Decision.

The projects whose capital plans have been adjusted are mainly those involving the repair and upgrading of reservoirs and dams, and the construction of emergency and flood relief roads in various localities. Photo: Hoai Thu

For investors, it is important to proactively review and complete the relevant documentation to ensure timely disbursement of funds upon receiving the annual capital allocation decision.

Among the projects with adjusted capital plans, one project saw a capital reduction: the North-South railway access road project between Vinh City and Nghi Loc District, managed by the Provincial Project Management Board for Civil and Industrial Construction Projects. The project, originally funded by the central government, had a total investment of 100.5 billion VND, which was reduced by 75.6 billion VND.

With upward adjustments to the capital plan, projects in the following sectors are included: agriculture , forestry, salt production, irrigation, fisheries, and transportation.

Specifically, for the fields of agriculture, forestry, salt production, irrigation, and fisheries, there are 6 projects. Of these, 4 projects are carried over from the 2016-2020 period to the 2021-2025 period, including: Repair and upgrading of water reservoirs in Giang Son Dong commune, Do Luong district; Nghia My commune, Thai Hoa town; Trung Thanh and Bao Thanh communes, Yen Thanh district.

One of the items whose capital was adjusted includes the project to build a rescue and relief road along the Lam River through several communes in Con Cuong district. (Photo: Ba Hau)

Two projects that were allocated funding in the investment plan and approved by competent authorities before January 1, 2025, but were not allocated funding in the medium-term public investment plan for the period 2016-2020, include: Repair and upgrading of water reservoirs in Tan Thanh commune (Yen Thanh district) and Quynh Tan commune (Quynh Luu district).

The projects whose capital plans have been adjusted upwards in the transportation sector are transitional projects from the 2016-2020 period to the 2021-2025 period, including projects to build emergency and flood relief roads with investors from districts such as Yen Thanh, Dien Chau, Con Cuong, Que Phong, Thai Hoa town, Tan Ky, Anh Son, and one project with the Department of Agriculture and Rural Development as the investor.

Source: https://baonghean.vn/nghe-an-dieu-chinh-ke-hoach-dau-tu-cong-trung-han-doi-voi-17-du-an-post289300.html