Workers on the construction site of Van Tien Bridge in Quang Ninh. — VNA/VNS Photo Quang Ninh Provincial People’s Committee earlier this month approved an adjustment and supplement to the medium-term public investment plan under the provincial budget for 2021-25, to enhance the efficiency of State capital. Total capital set aside for the province’s five-year plan increased by VND289 billion, partly thanks to a bonus of nearly VND94.9 trillion (US$3.83 billion) for exceeding revenue in 2021, approved by the Prime Minister in July. The provincial budget after the adjustment is VND63.6 trillion, and the remaining unallocated capital is VND22.7 trillion. The provincial authority decided to reduce capital assigned for the riverside road project connecting the Ha Long-Hai Phong highway to Dong Trieu township by over VND1.5 trillion while allocating nearly VND1.6 trillion from the unallocated capital for newly-added projects. The allocation of public investment from the provincial budget is nearly VND2.9 trillion, of which VND2.89 trillion will be given to 25 projects newly added to the medium-term public investment plan, and one existing project will receive an additional VND4.9 billion. Adjustment in 2022 After reviewing and evaluating the results of implementing the projects under this year’s plan, the provincial authority… Read full this story
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