Ung Hoa commune focuses on public investment

Implementing the policy of focused and key investment, Ung Hoa commune concentrates resources on essential infrastructure projects, directly serving socio-economic development, people's lives, and regional connectivity.

In the 2021-2025 period, the commune has implemented hundreds of projects in the fields of transportation, irrigation, schools, health care , culture, landscape improvement and construction of advanced new rural infrastructure, helping to improve the appearance of the countryside and people's lives.

In the 2021-2025 period, Ung Hoa commune will implement many projects in the transport sector. Photo: Quang Thai

Based on the summary and evaluation of the implementation results of the 5-year medium-term public investment plan 2021-2025 and the socio -economic development plan of the same period, Ung Hoa has clearly identified the orientation, ability to mobilize and balance capital sources, and at the same time built the principles for allocating medium-term public investment capital 2026-2030.

The commune gives priority to projects and works with large spillover effects, regional connectivity, and strategic scale and significance for local socio-economic development. The classification of sectors, fields, principles, criteria and capital allocation norms are implemented in accordance with the provisions of the State Budget Law, the Public Investment Law and resolutions of the National Assembly Standing Committee.

Ung Hoa Commune focuses on improving the efficiency of public investment capital use, ensuring publicity and transparency in each stage of capital planning, appraisal and allocation. The Commune considers public investment as the main resource, leading and attracting other economic sectors to participate in infrastructure development, thereby creating a breakthrough in attracting social investment and expanding the space for rural economic development.

In particular, Ung Hoa commune focuses on investment in association with planning, ensuring budget balance, improving management capacity, monitoring and disbursing capital effectively, creating a solid foundation to complete socio-economic development targets for the 2026-2030 period.

In the 2021-2025 period, Ung Hoa will implement many cultural projects. Photo: Quang Thai

According to Head of the Commune Economic Department Nguyen Phi Hoang, the process of reviewing and synthesizing the medium-term public investment plan for the period 2026-2030 was seriously implemented by Ung Hoa, on the basis of closely following the provisions of the Law on Public Investment, the Law on State Budget, and the directions of the Government and the city.

The total investment capital demand for the period 2026-2030 of the commune is expected to be more than 13,484 billion VND, of which in 2026 about 2,076 billion VND is needed for nearly 130 projects. This capital source focuses on projects with large spillover effects, directly serving people's lives, developing production, trade, services, transport infrastructure, education, health care and culture.

Vice Chairman of the Commune People's Committee Le Thanh Tung shared that the commune directed specialized units to strictly implement the public investment planning process in a concentrated direction, not spread out; at the same time, strengthen control of disbursement progress, ensuring capital allocation in the right order of priority.

The commune effectively integrates local budget capital sources and mobilizes socialized resources, attracting investment from other economic sectors. Capital allocation will be based on progress, disbursement capacity and practical efficiency, aiming to complete the socio-economic development goals for the period 2026-2030...

Chairman of the People's Committee of the commune Nguyen Duc Binh requested the Investment - Infrastructure Project Management Board and relevant departments and offices to urgently review and complete the investment proposal documents for new projects, ensuring sufficient conditions for capital recording in 2026; at the same time, strictly implement the regulation of saving 5% of investment expenditure from the beginning of the year according to the direction of the Government and the city.

The Chairman of the Commune People's Committee assigns specific tasks to each unit, reviews the planning, clearly identifies urgent priority projects, eliminates projects with low feasibility; carefully considers projects using the commune budget, ensures balance between revenue and expenditure; plans new projects, avoids overlapping with projects approved by superiors.

The commune considers public investment as the main resource, leading and attracting other economic sectors... Photo: Quang Thai.

"Public investment programs and projects will be implemented in a focused - synchronous - effective manner, with people at the center, both creating momentum for economic development and improving people's quality of life," emphasized Chairman of the People's Committee Nguyen Duc Binh.

Source: https://hanoimoi.vn/xa-ung-hoa-dau-tu-cong-co-trong-tam-trong-diem-722797.html