Investment News

Accelerate the construction progress


In the first months of the year, the city has many solutions to stabilize and develop socio-economic; in which to speed up progress and improve the efficiency of public investment to create an important driving force for development.

 The infrastructure project of the residential area north of Hoa Binh Boulevard, with a total investment of more than 175.5 billion VND, is being urgently constructed by contractors.

According to the report of the City People's Committee, in 2022, the total investment and development capital in the city is VND 838.7 billion, allocated to 85 projects, items and investment contents; in which the central budget is 20 billion dong, the provincial budget is 260 billion dong, and the city budget is 558.7 billion dong.

To ensure progress as well as improve the quality of public investment, the city directs specialized agencies and localities to deploy works and projects to ensure compliance with the State's regulations and regulations. directive documents of the Provincial People's Committee; well implement the disbursement of capital resources according to the plan. The city promotes site clearance, considering this an important task of breakthrough in order to attract investment; in which drastically speeding up the clearance of public investment projects, driving force projects, and key projects.

The city continues to plan the remaining functional subdivisions according to the general adjustment of the Mong Cai Border Gate Economic Zone planning approved by the Prime Minister. The city effectively implements the motto "Public investment leads investment"; mobilizes investment resources of the society for infrastructure development under the public-private partnership model to deploy investment according to medium-term plan for the period 2021-2025. The city urges contractors to mobilize equipment, machinery and human resources, take advantage of favorable weather to speed up the construction progress of projects and works, ensuring progress. disbursement rate of public investment capital, minimizing the delay in disbursement or failure to disburse.