Medium-term public investment plan for 2026-2030 period is nearly VND132 trillion

Friday, 03/01/2025

Provincial People's Council issued Resolution No. 45/NQ-HDND on giving opinions on the proposed medium-term public investment plan for the 2026-2030 period. This Resolution was approved by the 10th Provincial People's Council at the 19th Session on December 9, 2024 and takes effect from the date of approval. Accordingly, the agreed medium-term public investment plan for the 2026-2030 period is VND 131,943 billion 574 million; of which the central budget capital is VND 40,988 billion 804 million, and the local budget balance capital is VND 90,954 billion 770 million. Allocate investment capital according to projects, works, districts, cities and investors.

The Provincial People's Council assigned the Provincial People's Committee to report to the Ministry of Planning and Investment for the appraisal of the expected medium-term public investment plan for Binh Duong province covering the period 2026-2030. Based on opinions of the Ministry of Planning and Investment, the Provincial People's Committee will finalize the allocation plan and submit to the Ministry of Planning and Investment and the Ministry of Finance the plan to allocate the State budget capital according to regulations; at the same time, continue to work with central and local agencies to mobilize maximum other legal capital sources (official development assistance (ODA) capital, targeted central support capital, government bond capital, other local revenue and savings sources) to supplement the province's public investment capital in the period of 2026-2030.

Based on the Central Government's directive documents and the ability to mobilize capital sources according to the actual situation of the locality, the Provincial People's Committee promptly develops a medium-term public investment plan for the period 2026-2030 and submits it to the Provincial People's Council for approval in accordance with regulations...

Reported by H.Anh - Translated by Ngoc Huynh