Investment News


In 2024, Ha Long City plans to allocate over VND 1,800 billion in public investment capital

29/11/2023

 

On the morning of November 24, the Standing Committee of Ha Long City Party Committee held a conference to listen and give opinions on a number of important contents, including the plan to allocate public investment capital in 2024.

Comrade Vu Quyet Tien, Member of the Provincial Party Standing Committee, Secretary of Ha Long City Party Committee, gave a directive speech at the conference.

Based on the implementation of the 2023 Public Investment Plan and reviewing the list of projects expected to invest in 2024, Ha Long City is expected to allocate 1,820 billion VND of public investment capital.

The allocation plan is implemented as follows: Arranging capital for 62 projects for payment and settlement after settlement, projects transitioned to 2024 with allocated capital of nearly 944 billion VND; allocate and provide additional support to the commune budget to allocate capital to build new, advanced and model rural projects in the two communes of Bang Ca and Son Duong, transitioning to 2024 with a capital of over 23 billion VND; Arrange capital for planning tasks transitioning to 2024 with a capital of nearly 29 billion VND; arrange capital for 17 projects eligible for allocation at the City People's Council meeting in December 2023 with a capital of over 164 billion VND; Expected to allocate capital of over 486.5 billion VND for 28 projects that have plans to start new construction in 2024; allocate and provide additional support to the commune budget to allocate capital for investment projects to build rural infrastructure works of 85 billion VND; Targeted allocation and additional grants to support the ward budget in allocating capital for projects implementing Resolution 21-NQ/TU on investment, renovation and upgrading of infrastructure in residential areas and established urban areas before 2005 in the city with a capital of 50 billion VND; It is expected to arrange the implementation of planning and investment preparation tasks in 2024 with a capital of 10 billion VND; Expected to report to the Provincial People's Committee to balance capital to start 7 new projects from the provincial budget.

Concluding the meeting, Mr. Vu Quyet Tien, Member of the Provincial Party Standing Committee, Secretary of the Ha Long City Party Committee affirmed: 2024 is a year of special significance to comprehensively complete the set goals and targets. proposed in the Resolution of the XXV City Party Congress, term 2020 - 2025. Meanwhile, public investment is a very important pillar in economic growth, activating extra-budgetary attraction, promoting promote social investment. To effectively use budget capital, the City People's Committee needs to focus on preventing waste in public investment, strictly implementing regulations on public asset management; Resolutely overcome the situation of scattered, fragmented, prolonged, wasteful and ineffective investment and resolutely not let debts build up in basic construction. The implementation of new construction and repair of headquarters and cultural houses in units, communes and wards must be reviewed in detail to ensure that in the second quarter of 2025, the projects will be completed and put into use. . Investment in transport infrastructure in communes must be carried out in a methodical and comprehensive manner.

At the same time, we must prepare all the best conditions to complete investment procedures, focus on doing well in investment preparation, project implementation, and improve readiness and feasibility to disburse capital. of the project immediately after being assigned the 2024 capital plan; overcome the situation of project adjustments while being implemented, causing time loss and slowing down capital disbursement progress; Strengthen post-audit work in disbursement of public investment capital.

Hoang Nga BQN