Mobilizing investment resources for socio-economic development

In recent times, the mobilization of social development investment capital has achieved many positive results, which is an important factor in ensuring resources to serve the socio-economic development tasks of the locality. Statistics from competent authorities show that the total social investment capital in the 2020-2023 period reached VND 86,102.6 billion, an average annual increase of 6.7%. By the end of 2023, the total investment capital implemented in the province is estimated at VND 29,423 billion, exceeding the target set by the Provincial Party Congress for the 2020-2025 term.

The proportion of development investment capital increased

In the 2021-2025 period, the province is determined to continue to adhere to the goal of "taking public investment to lead private investment". To achieve this goal, Ninh Binh has synchronously deployed solutions to create fundamental innovation from planning, implementation, and disbursement of public investment capital to ensure key and focal investment, focusing on highly dynamic projects. With that goal, the Provincial Party Committee issued Resolution No. 10-NQ/TU, dated December 14, 2021 on building synchronous infrastructure, developing civilized and modern urban areas in the 2021-2025 period, with a vision to 2030.

Implementing the motto of developing transport infrastructure "one step ahead", the province has actively implemented key transport projects in the area such as: East-West route (phase 1), coastal road, T21 route, provincial road DT.482 connecting National Highway 1A with National Highway 10 and connecting National Highway 10 with National Highway 12B of Ninh Binh province, National Highway 21B from Tu bridge to Co bridge... Coordinate with the Ministry of Transport to organize the opening, inauguration and operation of the expressway section Cao Bo Mai Son and Mai Son-National Highway 45. Inauguration of Au Kim Dai. Commencement and basic construction completed, put into operation the project to renovate and upgrade DT.477 road, the section from Gian Khau intersection to the end of the 50-hectare area of Gian Khau Industrial Park expansion; deploying investment preparation for the Ninh Binh-Hai Phong Expressway project, the section in Ninh Binh province... The province has prioritized investment in developing medical and educational infrastructure, many investment projects have been completed such as: Provincial General Hospital, Maternity and Pediatrics Hospital, Luong Van Tuy Specialized High School... Gradually developing the urban system according to the approved planning in terms of quantity, quality and scale, the appearance of urban areas has gradually changed, with many improvements.

Along with that, the province's investment capital has also focused on mobilizing and integrating resources to develop rural infrastructure, promoting the movement to develop rural roads associated with the National Target Program on New Rural Development (NTM). Up to now, the whole province has 100% of communes meeting NTM standards; 8/8 districts and cities meeting NTM standards and completing the task of building NTM; 30/119 communes meeting advanced NTM standards, 14/119 communes meeting model NTM standards; 333/1,355 villages, hamlets and villages meeting model NTM standards. It is expected that by the end of 2023, Yen Khanh district and Hoa Lu district will be recognized as meeting advanced NTM standards, 20 more communes meeting advanced NTM standards, and 4 model NTM communes.

It can be affirmed that in 2023, despite many difficulties and obstacles, Ninh Binh's socio-economy continued to recover positively. Although the results of many important indicators have not been as expected, they have created more positive changes, maintaining a fairly good growth rate. In particular, it is necessary to mention the indicators on disbursement of public investment capital and attracting development investment capital sources. Statistics from the Provincial Statistics Office show that the total investment capital realized in the 11 months of 2023, the whole province is estimated at 28,747.5 billion VND, an increase of 5.5% over the same period in 2022. Of which, state capital reached 5,822.6 billion VND, an increase of 18.7%; non-state capital reached 21,624 billion VND, an increase of 12.6%; foreign direct investment reached 1,300.9 billion VND, a decrease of 58.6%. It is estimated that by the end of 2023, the total investment capital implemented in the area is estimated to reach 29,423 billion VND, exceeding the target set by the Provincial Party Congress for the 2020-2025 term.

Mobilizing all resources for development investment

The mobilization of development investment resources has been identified by the Resolution of the 22nd Provincial Party Congress, term 2020-2025 as one of the key tasks to mobilize maximum resources to participate in investment in socio-economic infrastructure development, ensuring publicity, transparency, and harmony of interests of the State, investors and society. On that basis, the province will allocate concentrated public investment capital, with focus and key points. Implement well the motto "Take public investment to lead and activate private investment". Continue to promote resources to mobilize people's strength according to the motto "People do, State supports" to build local socio-economic infrastructure.

To create conditions to attract non-budgetary investment capital, the province continues to promote planning and planning management, synchronous and consistent with the development orientation; complete the establishment and approval of the construction planning of Yen Mo, Nho Quan and Kim Son districts; focus on completing the Ninh Binh Provincial Planning for the period 2021-2030, with a vision to 2050; functional area planning projects, urban planning and rural planning; district-level land use planning to 2030, annual and 5-year land use plans for the period 2021-2025; adjust the Ninh Binh Urban Master Plan; deploy the planning of conservation and promotion of the value of the World Cultural and Natural Heritage of Trang An Scenic Landscape Complex to 2030, with a vision to 2050; planning the two banks of the Van River and the area between the Van River and the North-South railway line; Complete the zoning plan of the areas in Trang An Scenic Landscape Complex; review the planning of Hoa Lu Ancient Capital area, study the architectural planning of the cultural park area...

According to the assessment of the Government, ministries and central agencies, the quality of planning projects of Ninh Binh province is increasingly improved, meeting the requirements, creating room for the development of key economic sectors of the province, such as: Automobile manufacturing and assembly industry, supporting industry, high-tech industry. In particular, the planning is an important premise to implement the province's orientation to make tourism a spearhead economic sector, aiming to build a "Millennium Heritage Ancient Capital City".

With the above objectives, it is required that all levels, sectors and localities must perform well in the work of building, managing and implementing planning. Continue to review current legal documents of the province. Mobilize, allocate and effectively use investment capital from the State budget. Mobilize and effectively use ODA capital and preferential loans. Promote the mobilization of capital sources from the private economic sector and other capital sources...

Article and photos: Nguyen Thom

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