In the afternoon of November 17, Mr. Pham Van Chanh, Standing Member of Binh Duong provincial Party Committee and Chairman of the provincial People's Council chaired a meeting of the Standing Committee of the provincial People's Council and leaders of a number of departments, branches, Management Board of Investment and Construction Projects, the provincial specialized wastewater management board and local leaders on the expected public investment plan in 2022 and medium-term in 2021-2025.
Through reviewing capital sources in 2021-2025, it is expected that it is possible to reduce and mobilize capital for important transport projects of the province such as Vanh Dai 3, Vanh Dai 4, Highway of Ho Chi Minh - Thu Dau Mot - Chon Thanh, Highway of My Phuoc - Tan Van, etc. Some localities have also proposed to the province to consider and balance to allocate more capital for urgent and major projects in localities for economic and social development.
Concluding the meeting, Mr. Pham Van Chanh noted that, in the context of limited capital resources, localities need to focus on allocating capital sources and using public investment capital effectively, in which, priority is given to the following: local urgent works and projects. For the reserve capital of VND 29,500 billion, depending on the situation and specific period, the province will consider and arrange for project management boards and districts, towns and cities to deploy the allocation of reserve capital for public investments into projects eligible for disbursement.
Reported by Minh Duy – Translated by Vi Bao
