Ho Chi Minh City District approved for investment projects under 120 billion VND

The district chairman is allowed to decide on public projects under 120 billion VND to help solve capital difficulties for traffic, health and education projects in the area.

This is the content of the decision amending the tasks and powers to implement public investment projects in the area, recently issued by the Ho Chi Minh City People's Committee.

The city leader will authorize subordinates to decide on group C public investment projects (under 45 billion VND to 120 billion VND), except for relic restoration projects with construction components. The authorization period is from May 29 to December 31, 2025.

Alley 694 in Phu Nhuan district was expanded by local people in early April but was "blocked" because of lack of capital allocation since Ho Chi Minh City implemented urban government. Photo: Ha Giang

Group C public investment projects were previously under the decision-making authority of the district, but the authority was transferred to the city level since Ho Chi Minh City implemented urban government (July 2021). From now on, districts wishing to renovate alleys worth hundreds of millions of dong must submit them to specialized departments for appraisal, send them to the City People's Committee for consideration, and report to the People's Council for approval. This causes 16 districts to face capital difficulties when they want to build schools, medical facilities, and expand roads and alleys in the area.

In addition to the above authorization, the city also decided to amend the principle of selecting the agency authorized to prepare appraisal records and propose investment policies for public investment projects.

Specifically, for investment projects in many fields and group C projects, after consulting with the Department of Planning and Investment, the city chairman can decide to assign the task of investment preparation to the district-level People's Committee to prepare documents, submit for appraisal, report on investment policy proposals, and conduct pre-feasibility studies.

If a group B or C public investment project is under the authority of the district-level People's Committee Chairman, he/she shall implement it in accordance with the provisions of the Law on Public Investment without having to let other agencies appraise and report on feasibility studies and technical economics as before...

Group A public investment projects include projects with total costs ranging from VND800 billion to over VND2,300 billion; Group B from VND45 billion to under VND2,300 billion; Group C from under VND45 billion to under VND120 billion. Group A and B projects have investment decision-making authority from the city level or higher.

Le Tuyet

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