On December 18, the People’s Council of Dong Nai province just issued a Resolution on investment policies, adjusting investment policies and stopping investment policies for a number of public investment projects in the area.
Accordingly, the Provincial People’s Council decided on the investment policy of 3 group B projects, specifically as follows: Project to build internal roads in Zone 1 – Bien Hoa 1 commercial and service urban area; Project to build a combat operations center for security and order management; Modern Dong Nai Province Data Integration Center project, meeting digital transformation requirements for the period 2023 – 2028.
In addition, the provincial leaders also decided to adjust investment policies for 3 group B projects, including: Ring Road 1 Project (Long Khanh City); Nguyen Chi Thanh Street Project (Tan Phu District); Hung Vuong road extension project (Tan Phu district).
Long Thanh Airport is a key project in Dong Nai. Photo: Gia Linh
Notably, Dong Nai province decided to stop investing in a group C project, the centralized water supply system project in Xuan Bao – Bao Binh commune (Cam My district), whose investment policy was decided by the Provincial People’s Council at the Resolution. Decision No. 20/NQ-HDND dated July 3, 2021.
Previously, the Department of Planning and Investment of Dong Nai province said that the locality is currently implementing 19 key national and local projects. Of these, the majority are infrastructure and transportation projects. However, most projects encounter problems and are behind schedule. The main reason why projects are sluggish is mainly related to compensation and site clearance.
The Department of Planning and Investment said that after adjusting the medium-term public investment plan for the period 2021 – 2025 in the province, the total public investment capital is more than 93,000 billion VND. Of which, by the end of 2023, the total arranged capital is VND 35,000 billion. Thus, Dong Nai still has to disburse capital of about 58,000 billion VND.
Dong Nai province adjusts investment policies for a number of projects. Photo: Gia Linh
Most recently, the Provincial People’s Council has just issued Resolution No. 33/NQ-HDND on adjusting the medium-term public investment plan for the period 2023-2025 in Dong Nai province (phase 4). Accordingly, the total capital of the medium-term public investment plan for the period 2021-2025 is 84,810,433 billion VND, including: Local budget capital is 70,522,961 billion VND; Central budget capital is 14,287.472 billion VND.
