Total social investment capital strives to reach VND 18,000 billion

Published On: 05/01/2018

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 (Quang Binh Portal) - In 2017, the province"s total social investment capital was estimated to realize VND 16,754 billion, exceeded by 39.6% of the plan, increased by 11.1% from the same period last year. Of which, volume of capital in the State sector was estimated to realize VND 3,697 billion, rose by 8.4%; volume of capital in the non-State sector was VND 13,057 billion, grew by 11.9% from the same period last year.
In order to that result, the Provincial People's Committee has focused on accelerating the progress of key projects to put them into operation as soon as possible such as the headoffice of Provincial Party's Committee, Provincial Cultural Center, headoffices of the Dong Hoi City Party's Committee, Dong Hoi City People's Council and People's Committee and Provincial People's Committee of Quang Trach district, the ceremony to open traffic to Nhat Le 2 Bridge, etc.

Besides, the province has also well implemented the procedures for appraisment of investment policies, projects and bidding plans, payment of investment capital in accordance with regulations; regularly accelerated the implementation and disbursement of public investment plans in 2017 in accordance with the directions at Resolution No.70/NQ-CP dated August 3rd, 2017 of the Government. As of October 31st, 2017, rate of investment disbursement reached 64%.

Besides, the province has also accelerated the implementation and disbursement of ODA and NGO projects; actively promoted work of NGO aid mobilization; approved regulations on investment projects in the form of public-private partnerships (PPPs), aining to creat all favorable conditions for investors in the project implementation process.

In October of 2017, the province has issued the investment policy for 69 projects with a total investment of VND 21078 billion funded by domestic investors; focused on accelerating the progress of implementing the projects which were granted investment policy and certificate of investment registration, etc.

In the upcoming time, the locality will continue deploying a medium-term investment plan for 2016-2020 and the plan for investment and development in 2018; accelerate the progress of investment and construction of key projects in order to quickly put them into operation; deploy ODA projects on infrastructure construction; encourage economic sectors in development of socio-economic infrastructure; strive to reach total social investment of VND 18,000 billion in 2018, up 2.5% against the year of 2017.

By Nhu Y
(Source: Quang Binh Portal)