Economy

Hai Duong still has 90 public investment projects that are not eligible for capital allocation.

NM August 5, 2024 13:28

According to the Department of Planning and Investment of Hai Duong province, the province currently has 90 public investment projects that are not eligible for medium-term capital allocation for the 2021-2025 period, annual capital.

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To be eligible for public investment capital allocation, projects and works must ensure investment preparation steps (illustrative photo)

Specifically, 27 projects have had investment policy decisions but have not yet had investment decisions with a total medium-term capital plan of VND 4,313 billion, not meeting the conditions for annual capital allocation. 30 projects have not yet had investment policy decisions, with an expected capital plan for the 2021-2025 period of VND 5,553 billion. 33 additional projects with targets for the district level, with a total expected capital of VND 2,312 billion, are not meeting the conditions for medium-term capital allocation.

The Department of Planning and Investment of Hai Duong province requests that the agencies assigned to prepare investment proposal reports are responsible for accelerating the progress of investment preparation tasks. Periodically report monthly on implementation results compared to the established progress, propose solutions to remove difficulties and obstacles (if any). Specialized management agencies strive to shorten the time for project appraisal and approval by at least 50% compared to regulations.

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Hai Duong still has 90 public investment projects that are not eligible for capital allocation.