On March 7th, Deputy Prime Minister Nguyen Chi Dung, along with a government delegation, worked with Phu Tho province on the construction situation and growth scenarios for 2025.
At the meeting, Chairman of the People's Committee of Phu Tho province, Bui Van Quang, stated that in 2025, industrial production will increase significantly and maintain its growth momentum, with the Industrial Production Index (IIP) increasing by 47.3% compared to the same period. Import and export activities will also increase considerably, with exports estimated at US$2.2 billion and imports at US$3 billion. State budget investment will reach VND 784 billion, attracting new investment and expanding 11 projects. Total state budget revenue will reach VND 1,931 billion. Total public investment capital allocated to date is VND 2,787 billion, with VND 738 billion disbursed (26.5% of the allocated capital). Total mobilized credit capital will reach VND 102.4 trillion, and outstanding loans will reach VND 116.3 trillion.
According to Mr. Bui Van Quang, Phu Tho province has directed agencies and units to develop plans to address difficulties for 6 private investment projects and 308 surplus, unused office buildings after the administrative unit merger. Regarding the emulation movement to eliminate temporary and dilapidated houses and build social housing, the entire province has implemented the construction and repair of 1,258 houses with mobilized capital reaching over 130 billion VND to date.
According to Bui Minh Chau, Secretary of the Phu Tho Provincial Party Committee, Phu Tho is committed to striving to achieve the 8% growth target set by the Government. However, Mr. Chau also proposed that the Government study and allow the expansion of the scope, subjects, and geographical areas for applying some pilot and specific mechanisms and policies that have been approved by the National Assembly and have proven effective in promoting growth; requested the Ministry of Finance and the Ministry of Agriculture and Environment to issue specific regulations and guidelines on the advance and deduction of funds for resettlement projects advanced by the investor; and supplement investment capital from the State budget to ensure the progress of eliminating temporary and dilapidated houses by 2025.
Speaking at the working session, Deputy Prime Minister Nguyen Chi Dung expressed his admiration and admiration for the province's rapid growth and remarkable transformation across all sectors over the past five years. Most notably, the industrial production sector has developed strongly, and the province has done well in attracting investment, especially in the FDI sector. According to the Deputy Prime Minister, two key lessons contributing to these impressive results are the unity and cohesion of the political system and the dynamism, creativity in policy planning, and decisive action of the Party Committee, government, and people of Phu Tho province.
The Deputy Prime Minister emphasized that Phu Tho has enormous potential, advantages, and room for development. Therefore, in addition to focusing on development within the province, Phu Tho must fulfill the mission of being a "bridge" for the provinces along the Lao Cai - Hanoi - Hai Phong economic corridor. However, there are still some limitations that Phu Tho needs to overcome, such as: infrastructure is not yet synchronized; the development gap between regions needs to be narrowed; and there should be a focus on developing high-tech projects and effectively exploiting the abundant tourism potential.
In the coming period, the province will continue to implement Resolution 18/NQ-TW and Conclusion 127-KL/TW of the Politburo and the Secretariat on researching and proposing further restructuring of the political system's organizational apparatus; doing a good job in ideological work, ensuring smooth operation, and not affecting the people and businesses. With great development potential, Phu Tho province can strive to exceed the 8% growth target. To achieve this, the province needs to actively reduce administrative procedures and business conditions according to the Government's established direction to create a "lever" for the development of the private economy; strategic transportation infrastructure needs to be prioritized; and efforts should be made to complete the target of building social housing. Regarding the province's proposals and recommendations, the Deputy Prime Minister assigned specific tasks to the ministries and agencies to compile and report to the Prime Minister as soon as possible.
On the same day, Deputy Prime Minister Nguyen Chi Dung inspected the investment project for the road connecting the Noi Bai - Lao Cai expressway with the Tuyen Quang - Phu Tho expressway. He also inspected the construction project of the Phu Tho Provincial Cultural and Arts Center.
Source: https://daidoanket.vn/pho-thu-tuong-nguyen-chi-dung-phu-tho-co-tiem-nang-loi-the-va-du-dia-phat-trien-rat-lon-10301106.html
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