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Agreed to allocate more than 2,500 billion VND for 7 important projects

On the afternoon of June 2, the Provincial Party Committee held a conference to give opinions and agreed on the policy of adjusting the medium-term public investment plan for the 2021-2025 period and 2025.

Báo Bà Rịa - Vũng TàuBáo Bà Rịa - Vũng Tàu02/06/2025

Mr. Pham Viet Thanh, Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council chaired the meeting.
Mr. Pham Viet Thanh, Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council chaired the meeting.

According to the report presented by Mr. Dang Minh Thong, Vice Chairman of the Provincial People's Committee, the total medium-term public investment capital remains unchanged at more than VND 84,400 billion, plus a general reserve capital of more than VND 3,000 billion. Of which, the capital plan for 2025 is nearly VND 30,621 billion.

The content of capital adjustment in 2025 is to reduce capital of 9 projects due to a decrease in settlement value with nearly 41 billion VND; to supplement capital of 7 completed projects to pay for arising compensation costs for site clearance, and to pay for completed volume with an increase of more than 17.9 billion VND.

At the same time, allocate capital (mainly from reserve funds) to eligible projects: VND 99.8 billion to transfer the project to Upgrade and Expand Provincial Road 44A from the investment preparation stage to the implementation stage; VND 10 billion for the project to build a funeral home combined with a crematorium and ashes storage area of ​​Con Dao district; add VND 105 billion and transfer to Vung Tau City as the investor of the project to build a square at two defense land lots at 165 and 165A Thuy Van street.

The remaining reserve capital after adjustment is nearly 2,781 billion VND. This capital will be allocated to 4 provincial-level projects decided to invest, specifically: the road connecting the National Highway 56 bypass to Sonadezi Chau Duc Industrial Park with a capital of 299.9 billion VND; the expressway connecting Long Thanh airport to Ho Tram area with a capital of 995 billion VND; Upgrading Road 991 from National Highway 51 to Ho Chi Minh City Ring Road IV with a capital of 795 billion VND; technical infrastructure of the resettlement area and social housing in Bac Phuoc Thang area, Vung Tau city with a capital of 199.8 billion VND.

The remaining capital of nearly VND491 billion is expected to be used for component project 3 of the Bien Hoa-Vung Tau expressway and other arising situations when meeting the prescribed conditions.

After the Provincial Party Committee agrees on the policy, relevant agencies and units will draft a resolution to submit to the Provincial People's Council for approval to adjust public investment capital at the upcoming session.

Speaking at the conference, Mr. Pham Viet Thanh, member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, stated that in recent years and the first 5 months of 2025, with the leadership, direction and drastic solutions of the Provincial Party Committee, People's Council, and Provincial People's Committee, the disbursement rate of public investment capital in the province has reached a high level compared to the whole country. This adjustment of the investment capital plan is also one of the solutions to ensure the effectiveness of capital use and accelerate the disbursement of public investment capital in the coming time. The Provincial Party Secretary requested that the Provincial People's Council Party Committee and Provincial People's Committee lead and direct relevant agencies and units to speed up the procedures to disburse public investment capital in accordance with regulations.

News and photos: QUANG VINH

Source: https://baobariavungtau.com.vn/kinh-te/202506/thong-nhat-phan-bo-hon-2500-ty-dong-cho-7-du-an-quan-trong-1044255/


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