Vinh Linh promotes implementation of medium-term public investment plan

According to the medium-term public investment plan for the period 2021-2025, Vinh Linh district's budget has a total capital of nearly 1,280 billion VND. Of this, the official public investment capital is nearly 870 billion VND; the additional public investment capital targeted is over 410 billion VND. From 2021 to 2023, the district allocated over 625 billion VND in official public investment capital, reaching 71.9% of the plan. To complete the medium-term public investment tasks for the period 2021-2025, Vinh Linh district is focusing on solutions and making efforts to implement them in the two years 2024-2025.

Vinh Linh accelerates the implementation of the medium-term public investment plan.

Ho Xa town, Vinh Linh district, is constantly changing and improving - Photo: N.D

According to the Vinh Linh District People's Committee, the management, operation, and implementation of the public investment plan in the 2021-2023 period generally complied with the regulations of the Law on Public Investment, the Budget Law, the Construction Law, the Land Law, and government decrees, as well as adhering to the plan to generate revenue for the district budget from land auction funds. The district has strengthened planning and land use rights auctions, creating a large source of revenue for the district budget and investing in many projects.

Most projects were implemented according to principles, procedures, and regulations, and received close attention and supervision from the people regarding quality. Infrastructure in 15 communes and 3 towns in the area has been invested in and upgraded, becoming increasingly complete.

Since then, the district has accelerated its socio -economic development goals. To date, Vinh Linh has 14 out of 15 communes meeting the new rural development standards; 4 out of 15 communes meeting the advanced new rural development standards; and the district has basically met all 9/9 new rural development criteria.

However, Vinh Linh district has identified several limitations in its medium-term public investment plan for the 3-year period of 2021-2023. Firstly, the medium-term public investment plan for the 2021-2025 period was developed in the first year of the plan, and therefore does not fully encompass the actual needs arising in the locality throughout the entire period.

Many projects have had to adjust their total investment upwards due to inflation; and expand their scale to comply with design standards and regulations. Furthermore, coordination between investors and specialized departments and local authorities in resolving issues related to planning, land use plans, land clearance, land auctions, and project appraisal in some areas remains inconsistent and lacking in rigor.

Based on the results of the medium-term public investment plan implementation from 2021-2023, the actual situation and forecast of capital sources and investment needs in the coming years, the People's Committee of Vinh Linh district has reviewed revenue sources in 2023 and the two years 2024-2025 to ensure balance for the 2021-2025 period. Specifically, regarding the adjustment of the capital plan for the two years 2024-2025: the total capital requirement is over 496.3 billion VND.

Regarding official public investment: projects managed at the district level are expected to receive nearly 221.4 billion VND; reinvestment in communes and towns with land exploitation is expected to receive nearly 144 billion VND; and projects for land surveying, planning, and land use planning are expected to receive over 38.8 billion VND. For the public investment capital portion, an additional 92.1 billion VND is targeted from revenue generated from auctions and tenders of land plots for investor use.

Accordingly, in the two years 2024-2025, Vinh Linh district has identified the following key solutions to focus on: seriously implementing the regulations of the Law on Public Investment, accelerating investment preparation, allocating capital plans, and implementing and disbursing public investment capital with accountability and responsibility of organizations and individuals, especially the heads of specialized departments and local governments. Strengthening efforts to resolve difficulties and obstacles; ensuring coordinated cooperation between district-level departments, local governments, and provincial-level departments and agencies.

Mobilize the strength of the political system to effectively carry out land clearance work, creating conditions for the timely implementation of investment projects. Improve efficiency and ensure the completion of revenue targets from auctioning land use rights and bidding for land plots for investors.

Specifically, a review of infrastructure projects auctioned off land in 2023 and the 2024-2025 period should be conducted to balance revenue according to the actual starting prices.

In addition, we will continue to call for and attract other sources of capital to allocate to projects, reducing the burden of public investment capital managed by the district budget.

Strengthen leadership and guidance; decentralize power, delegate authority, and assign responsibilities while coordinating, supervising, inspecting, and evaluating; focus on timely and strict rewards and disciplinary actions in the implementation of public investment plans. Practice frugality and prevent losses and waste in public investment.

The implementation process needs to be closely monitored, adjusted promptly, and ineffective or unnecessary projects eliminated, prioritizing funding for urgent, key projects that have a connecting and ripple effect, promoting the socio-economic development of the district.

Strict control over the scope, scale, and total investment of each project in accordance with the objectives, sectors, and legal regulations... From there, Vinh Linh district is determined to strive to complete the medium-term public investment plan for the period 2021-2025 as scheduled.

Nguyen Dong

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