(HBO) – Hoa Binh, one of the localities with an average level in the disbursement of public investment capital, is striving to speed up the work towards a target of completing the disbursement of all the allocated capital by January 1, 2023.



Tan Lac district increases collection of land use levy to provide more capital for public investment projects. (Photo taken at the new residential area of Man Duc township).

This year, the province is allocated over 3.39 trillion VND (136.28 million USD) of public investment capital from the State budget, while the capital approved by the provincial People’s Council for the year is 4.19 trillion VND.

As of March 18, the province had allocated 4.19 trillion VND to particular projects, equivalent to 124% of the plan assigned by the PM and 100% of the plan passed by the provincial People’s Council.

As of October 20, 2.21 trillion VND, or 53% of the total capital, had been disbursed.

Since the beginning of this year, the provincial People’s Committee has rolled out numerous measures to speed up the disbursement of public investment capital, including reviewing the progress of solutions to remove difficulties in the work.

The province has moved 338.9 billion VND from 44 stagnant projects to 21 more effective ones.

According to Nguyen Van Thang, Director of the provincial Department of Planning and Investment, the major reason behind the snail's pace in disbursement of the capital is the slow processing of investment procedures by a number of investors, the modest feasibility of some projects, and limited revenue from land use levy.

He said that in the rest of this year, the province will strengthen the role of the working group in charge of supervising the progress of particular projects, thus removing obstacles facing them in a timely manner.

At the same time, discipline will be tightened during the implementation of the projects, along with efforts to improve the effectiveness of preparations for the implementation of projects and selection of contractors and consultation agencies.

 


The province will also focus on speeding up ground clearance, compensation and resettlement support, increasing State budget collection, enhancing the quality of land management, and strengthening inspection to detect and handle wrongdoings in the implementation of public capital disbursement plan.

Thang added that the provincial People’s Committee has proposed the Government to make detailed allocation plan of the State budget capital for the social-economic recovery and development programme, while considering the application of special policies for the province to suit the local situation and capacity./.

Huong Lan


 


Related Topics


Yen Tri commune plans to turn medicinal herbs into OCOP products

Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.

Hoa Binh promotes overseas, domestic employment opportunities

Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.

Department of Home Affairs, Hoa Binh city top PAR, SIPAS indices

The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.

Mai Chau district expands farming of Dam Xanh fish

The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.

Hoa Binh province: The total state budget revenue in 2024 is estimated at approximately VND 6,930 billion

In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.

Hoa Binh province - prosperity attracting investment

In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.