The Provincial People's Council approves the Resolution on adjusting and supplementing the 5-year medium-term public investment plan for the 2021-2025 period in Hung Yen province.

On 9/12/2022, at the 11th Session, the 17th Provincial People's Council approved the Resolution No. 307/NQ-HDND on adjusting and supplementing the 5-year medium-term public investment plan for the 2021-2025 period in Hung Yen province.

The Resolution on adjusting and supplementing the 5-year medium-term public investment plan for the period of 2021-2025 in Hung Yen province includes the following contents:

The total 5-year medium-term public investment capital plan for the 2021-2025 period after adjustment and supplementation is VND 53,889,955 million; specifically: Local budget balance capital is 46,321,125 million VND, including: Investment capital in balance according to norm criteria is 3,348,400 million VND (in which: provincial management: 2,672,528 million VND, the district level: 675,872 million VND); revenue from land use levy is 42,317,226 million VND (of which: the provincial level: 36,317,226 million VND; the district and commune level: 6,000,000 million VND); other capital sources (the recovery of advance capital for site clearance of the road project connecting Hanoi - Hai Phong and Gie bridge- Ninh Binh highways) is 199,000 million VND; lottery capital is 80,105 million VND; the increase in state budget revenue in 2021 is 376,394 million VND. Central budget capital is 7,568,830 million VND, including: domestic central budget capital at 7,378,730 million VND; foreign capital at 190,100 million VND.

The adjustment and supplementation of the 5-year medium-term public investment capital allocation plan for the period of 2021-2025 in Hung Yen province: The adjusted and supplemented total 5-year medium-term public investment capital plan for the 2021-2025 period in Hung Yen province is 53,889,955 million VND; in which: The local budget balance is VND 46,321,125 million, of which: The 5-year medium-term public investment capital plan for the 2021-2025 period which has been assigned in the Resolution No. 160/NQ-HDND dated December 8, 2021 and the Resolution No. 217/NQ-HDND dated July 7, 2022 of the Provincial People's Council is 21.729,669 million VND; the 5-year medium-term public investment capital plan for the 2021-2025 period additionally allocates to projects that have met the capital allocation conditions with the amount of 7,537,551 million VND; the 5-year medium-term public investment capital plan for the 2021-2025 period additionally allocates to the Land Development Fund with the amount of 200,000 million VND (in which: the allocated capital in 2021 is 100,000 million VND, it is expected to be delivered in 2023 at 100,000 million VND); the provision for the medium-term public investment plan for the 2021-2025 period is 75,028 million VND; the remaining capital to balance the provincial budget is 16,778,877 million VND, which has not yet been decided on investment policy; continue to allocate medium-term plans to programs and projects after approved investment policies according to regulations.

Central budget capital is 7,568,830 million VND, of which: The 5-year medium-term public investment capital plan for the 2021-2025 period which has been assigned in the Resolution No. 160/NQ-HDND dated December 8, 2021 and the Resolution No. 217/NQ-HDND dated July 7, 2022 of the Provincial People's Council is 3,702,830 million VND; the 5-year medium-term public investment capital plan for the 2021-2025 period additionally assigning the implementation of component projects under the investment project to build the section of the ring road No.4 through Hung Yen province is VND 3,740,000 million and the allocation of additional implementation of the Program on socio-economic recovery and development is VND 126,000 million (the allocation is made after the Prime Minister has assigned the medium-term investment plan to the projects under the Program).

Other unchanged contents are implemented according to the 5-year medium-term investment plan for the period of 2021-2025 in Hung Yen province in the Resolutions: No. 160/NQ-HDND dated December 8, 2021; No. 217/NQ-HDND dated July 7, 2022 of the Provincial People's Council.

The Resolution takes effect from the date of approval by the Provincial People's Council.

Source: Duy Tung