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Economics

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Total social development investment capital rises by 7.1%

According to the Provincial People's Committee, the total social development investment capital for the first quarter of 2025 is projected to reach 34,578 billion VND, reflecting a 7.1% increase compared to the same period in 2024. In line with the public investment capital plan for 2025, as of March 23, 2025, the total disbursement value amounted to 888.9 billion VND. Furthermore, the province consistently conducts surveys and inspections, addressing challenges and obstacles in site clearance, while expediting the construction progress of Ho Chi Minh City Vanh Dai 3 through the province, as well as the project to upgrade and expand National Highway 13. Additionally, efforts are underway to finalize investment procedures for Ho Chi Minh City Vanh Dai 4 through the province and to organize the groundbreaking ceremony for the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway traversing the province.

To finalize the public investment plan for 2025, Binh Duong has implemented numerous policies and solutions aimed at guiding departments, branches, and localities to expedite the disbursement of public investment capital. The focus is on ensuring the timely completion and operationalization of significant infrastructure projects, thereby maximizing design capacity and socio-economic efficiency. Regular inspections will be conducted, and measures will be taken to address challenges and obstacles, ensuring the progress, volume, and quality of the projects.

Reported by Ngoc Thanh - Translated by Vi Bao

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