Da Nang proposes to cancel the budget estimate for 656,111 billion VND of capital plan in 2023

Da Nang proposes to cancel the budget estimate for 656,111 billion VND of capital plan in 2023

The People's Committee of Da Nang City proposed that the City People's Council unanimously cancel the budget estimate for the 2023 capital plan of VND 656,111 billion due to inability to disburse.

On the morning of May 24, the People's Council of Da Nang City, term X, 2021-2026, held its 17th session (special session) to review and give opinions on a number of contents within its authority. Photo: Ngo Huyen

On May 24, at the 17th session (special session) of the 10th term People's Council of Da Nang City, term 2021 - 2026, the People's Committee of Da Nang City presented a Proposal requesting the City People's Council to agree to cancel the budget estimate for 656,111 billion VND of the 2023 capital plan due to inability to disburse.

According to the People's Committee of Da Nang City, in 2023, the city has 266 works, basic construction projects, land exploitation projects and investment preparation projects, planning tasks, civil works, decentralized capital allocated for implementation but could not disburse 656,111 billion VND of the 2023 estimated capital plan due to objective and force majeure reasons such as: Coastal road project connecting Lien Chieu port (82,861 billion VND); Software Park No. 2 (phase 1) 19,506 billion VND; Investment project to renovate and supplement equipment of Da Nang Maternity and Children's Hospital 14,960 billion VND.

Specifically, in the group proposed to cancel the budget, there are 188 basic construction projects with a scale of 515.026 billion VND; 78 land exploitation projects with a scale of 92.020 billion VND; investment preparation projects with a scale of 18.746 billion VND; planning task projects with a scale of 11.968 billion VND; civil works of districts with a scale of 18.351 billion VND.

According to the People's Committee of Da Nang City, in 2023, Da Nang has 83 basic construction projects, land exploitation projects and investment preparation projects, planning tasks, civil works, decentralized capital allocated in the capital plan assigned in 2023 that cannot be fully disbursed according to the assigned plan of 692,224 billion VND due to difficulties and obstacles in the year regarding procedures, processes, and site clearance, including 70 basic construction projects with a scale of 487,421 billion VND; 13 land exploitation projects with a scale of 69,081 billion VND; projects establishing planning tasks with a scale of 14,321 billion VND; projects preparing investment with 1.7 billion VND; civil works of districts with 62,710 billion VND; works under decentralized capital and new rural areas of Hoa Vang district with 56,991 billion VND.

Regarding the capital plan to cancel the budget estimate of 656,111 billion VND after deducting 585,701 billion VND of the shortfall in land use fees from the city budget, the remaining 70,410 billion VND, the City People's Committee proposed to allow the addition to the medium-term capital plan for the period 2021-2025, the adjustment and supplementation will be submitted to the City People's Council at the mid-year meeting in 2024 according to regulations.

The City People's Committee proposed that the City People's Council agree to allow the extension of the implementation time for 83 works, basic construction projects, land exploitation projects and investment preparation projects, planning tasks, civil works, decentralized capital allocated in the capital plan assigned in 2023, unable to fully disburse the above assigned plan of 691,224 billion VND.

The City People's Committee also proposed that the People's Council adjust the capital structure in 2023, including reducing the land use fee estimate and increasing it with the centralized budget and other remaining sources to match the actual budget revenue to meet public investment needs.

Source: https://baodautu.vn/da-nang-de-xuat-huy-du-toan-doi-voi-656111-ty-dong-ke-hoach-von-nam-2023-d215949.html