The Standing Committee of the People’s Council of Dak Nong province gave opinions on adjusting the medium-term public investment plan

Delegates discussed and reviewed the Provincial People’s Committee’s proposal on adjusting the medium-term public investment plan with central budget capital for the period 2021-2025.

According to the People’s Committee of Dak Nong province, at the 35th meeting, the Standing Committee of the Provincial People’s Council agreed and assigned the Provincial People’s Committee to report to the Ministry of Planning and Investment to consider, synthesize, advise and adjust the medium-term public investment plan. Central budget for the period 2021-2025 with an amount of over 320.7 billion VND. In particular, Dak Nong proposed adding the North-South Road Project phase 3 to the list of medium-term public investment plans with central budget capital for the period 2021-2025. However, up to now it has not been reviewed or adjusted by the Central Government.

Implementing the direction of the Standing Committee of the Provincial Party Committee on November 21, 2023, the investment policy of the North-South Road Project phase 3 has not been considered for now, assigning the People’s Committee of Dak Nong Province to review and propose investment options. Truly urgent and necessary projects such as Provincial Road 1. At the 9th Thematic Meeting, the People’s Council of Dak Nong Province approved the investment policy of the Project to renovate and upgrade Provincial Road 1. In order to promptly supplement the project, This project is included in the list of medium-term public investment plans with central budget capital for the period 2021-2025, the People’s Committee of Dak Nong province requests that the Standing Committee of the People’s Council of Dak Nong province consider and agree to submit to the Ministry of Planning and Investment for updated adjustments. medium-term public investment plan with central budget capital for the period 2021-2025 with an amount of over 471.3 billion VND.

To ensure conditions for implementing the project to renovate and upgrade Provincial Road 1, the People’s Committee of Dak Nong Province proposed to change the list of internal reduction adjustment projects in the field of agriculture and forestry to the list of projects to adjust internal reductions in the field of agriculture and forestry. Edited from projects in the fields of fitness and sports; agriculture and forestry; industry and society to projects in the transportation sector. Along with that, the Dak Ha Reservoir Project, due to a reduction of VND 13,009 billion, transferred capital to the project to renovate and upgrade Provincial Road 1. In addition, the Provincial People’s Committee proposed to adjust the capital of a number of projects. The project was implemented behind schedule to supplement funding for the renovation and upgrading of Provincial Road 1.

Delegates analyzed and clarified unreasonable points in adjusting and allocating capital to invest in the Project to renovate and upgrade Provincial Road 1.

Comrade Luu Van Trung requested the People’s Committee of Dak Nong province and the Economic and Budget Committee of the Provincial People’s Council to continue to coordinate to review and have reasonable plans and capital transfer plans so as not to greatly affect the capital structure. between approved sectors and fields.