Bắc giang
Bac Giang works hard to accelerate public investment disbursement
The northern province of Bac Giang is focusing on removing difficulties to speed up the disbursement of public investment, striving to achieve 100% of the plan set for 2024.
According to the provincial People’s Committee, the locality is accelerating the construction of important projects and works, identifying this as one of the key political tasks that will be prioritised.
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The project to upgrade part of the National Highway 31 plays an important role for Bac Giang province. |
Bac Giang is determined to fulfill its assigned capital objectives and plans without returning capital.
Adjustments to the capital plan will be made in case of force majeure where implementation is not feasible.
From now to the end of 2024, Bac Giang will enhance discipline and strictness in the disbursement of public investment capital.
Attention will be paid to speeding up the progress of land clearance and construction, and resolving difficulties related to mining permits and exploitation of raw materials such as stone, sand, and soil serving the implementation of projects.
Strict penalties will be applied to investors, project management boards, organisations, and individuals who intentionally cause obstacles or delays in the disbursement of public investment capital.
Inspection and on-site supervision will be strengthened to urge contractors and consultants to accelerate the construction of projects, and have plans to ensure adequate labour resources for critical projects during holidays.
So far, the total public investment plan of Bac Giang has totaled over 9.14 trillion VND (over 360 million USD), including over 8.7 trillion VND of development investment capital.
In 2024, six new projects managed by the provincial-level units have been allocated funding, with two using the central budget and four the provincial budget.
Vietnam maintained its third position in the number of investment deals and regained the third place in terms of total investment in startups in Southeast Asia.
BAC GIANG - On April 24, the Vice Chairman of the Bac Giang Provincial People's Committee (PPC) Phan The Tuan chaired a working session on the implementation of industrial park infrastructure project in the province.
Minister of Planning and Investment Nguyen Chi Dung on April 22 had a working session with a delegation from the US chip giant NVIDIA led by Vice President Keith Strier.
Minister of Transport Nguyen Van Thang has expressed his hope that Belgian enterprises will study investment possibilities in Vietnam’s key transport projects while meeting with Minister-President of the Government of the Belgian region of Flanders Jan Jambon as part of his recent trip to Europe.
Industrial and export processing zones in Ho Chi Minh City attracted $191.93 million in investment in the first quarter.
Russian energy firm Zarubezhneft, a partner of state-owned Petrovietnam for 40 years, is seeking to invest in offshore wind power in Vietnam.
Source: VNA
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