Bac Kan speeds up infrastructure projects to create great spillover effects

The purpose is to effectively implement Decision No. 1288/QD-TTg dated November 3, 2023 of the Prime Minister approving the Bac Kan Provincial Planning for the period 2021 - 2030, with a vision to 2050 (Provincial Planning); develop a roadmap to effectively organize and implement programs and projects to well implement the goals, tasks and solutions of the proposed planning.

At the same time, specifically determine the progress and resources for implementing programs and projects to develop policies and solutions to attract social resources in implementing the planning. Establish a framework for implementation results for each stage as a basis for reviewing and evaluating the implementation of the planning; as a basis for considering adjusting and supplementing tasks and solutions to achieve the set development goals.

Accelerating infrastructure projects to create great spillover effects and inter-regional connectivity

The content of the Plan clearly states that, regarding public investment projects, it will focus on implementing technical infrastructure and social infrastructure investment projects, in which priority will be given to completing and accelerating infrastructure projects that create great spillover effects and have inter-regional connectivity, especially the province's strategic transport infrastructure to ensure synchronization, modernity, connectivity, and promote regional connectivity (Hanoi - Thai Nguyen - Bac Kan - Cao Bang, Lang Son - Bac Kan - Tuyen Quang) associated with the economic development corridor; power grid infrastructure, water supply, drainage, irrigation, disaster prevention and control, climate change adaptation, centralized water supply systems to serve production, daily life, fire prevention and fighting needs, etc.

Prioritize the implementation of projects on sustainable agricultural and forestry development, improving forest fire prevention and fighting capacity, developing protective forests to meet the requirements of sustainable forest protection and development, ensuring livelihoods for people; projects on infrastructure development in health, education, culture, physical education, sports, social security, historical relics, national defense and security.

Regarding investment projects using capital sources other than public investment capital, according to the Plan, investment will be made to complete the province's infrastructure to maximize the effectiveness of infrastructure works that have been and are being invested in by public investment projects; attract investment to expand, improve productivity and efficiency of production and business establishments at the growth poles of the province. Priority sectors and fields for investment attraction include: Transport infrastructure, industrial parks and clusters, logistics infrastructure; information and communication infrastructure; high-tech agricultural, forestry and fishery development projects; value chain linkage projects; high-tech processing and manufacturing projects in industrial parks and clusters; renewable energy development projects; eco-tourism and resort development; clean water supply; medical infrastructure; education, culture, sports, trade and services.

Mobilizing total investment capital of about 105 trillion VND

To ensure the target of an average gross regional domestic product (GRDP) growth rate of over 7.5% per year during the 2021-2030 planning period, Bac Kan province is expected to need to mobilize a total social development investment capital of about 105 trillion VND; of which the State sector's capital will be decided in the medium-term public investment plan, the annual public investment plan and the annual state budget estimate according to the law on public investment and the law on the state budget; ODA capital is implemented according to the provisions of the law on management and use of ODA capital; foreign direct investment (FDI) capital and non-state sector capital depend on the locality's ability to attract investment.

Focused investment in key industries and fields

One of the solutions proposed by the Plan is to attract development investment, including mobilizing all development investment capital sources from the provincial and central budgets. Develop and effectively implement medium-term public investment plans for each stage; use public investment capital economically and effectively, invest with focus and emphasis on key sectors and fields, important, urgent, breakthrough and widespread projects; prioritize important, urgent, and connected projects, creating momentum for development.

At the same time, strengthen the appraisal, inspection and supervision of implementation to ensure the effective use of public investment capital. Provincial budget capital focuses on investing in large and important projects of the province; not investing in scattered, scattered, and unsynchronized projects; prioritize investment in building infrastructure projects serving production development such as: Traffic, supporting investment in infrastructure outside the fences of industrial parks, drainage projects, environmental treatment, irrigation projects, etc.

In addition, continue to improve the investment environment, enhance the competitiveness of the Province; create advantages in attracting direct and indirect investment from abroad. Innovate investment promotion work, attract new waves of quality investment to develop tourism, services, industry, agricultural and forestry processing of the Province with competitive advantages. Strengthen investment promotion through enterprises operating in the area. Implement well the coordination regulations in building, managing and implementing the annual investment promotion program.

Effectively implement investment incentive and preferential policies in the province. Focus resources on investing in essential infrastructure of industrial zones, clusters, tourist areas, industrial service areas... according to approved planning. Prepare best, create the most favorable conditions for investors in the province.

Prioritize shortening the time for processing documents and procedures

Continue to promote planning, land and construction procedures for projects in the area. Prioritize shortening the time for processing dossiers and procedures to facilitate investors in implementing projects. Strengthen information, propaganda and effectively implement policies to support businesses and investors in the province. Review the mechanisms and policies being implemented, evaluate the effectiveness, inadequacies and obstacles to orient the amendment, supplementation, abolition or issuance of new policies in accordance with the actual situation. Publicize information on investment opportunities, ensuring fair opportunities among investors.

In addition, promote the socialization of career activities such as healthcare, education, vocational training, culture, sports, science and technology, etc. Research the establishment of funds such as people's credit funds in places with demand and sufficient conditions, develop systems of commercial banks to increase capital mobilization to serve the socio-economic development needs of the province.

Source: https://kinhtedothi.vn/bac-kan-day-nhanh-cac-du-an-ket-cau-ha-tang-tao-suc-lan-toa-lon.html