According to the Plan to adjust medium-term public investment for the period 2021-2025 from the central budget, the Provincial People's Committee decided to reduce the plan of 1 project with a capital reduction of more than 75.6 billion VND; adjust the plan of 16 projects with a capital increase of more than 75.6 billion VND; and recover the capital advanced from the central budget of 75.6 billion VND.
Along with adjusting the capital plan, the Provincial People's Committee assigned the Department of Planning and Investment, based on the annual capital target announcement of the Central Government, to advise the Provincial People's Committee to allocate the annual public investment plan for projects in accordance with the medium-term public investment plan for the period 2021-2025.
Nghe An State Treasury is assigned to control the disbursement of annual public investment plans in accordance with the medium-term investment plan assigned in this Decision.
For investors, proactively review and complete related documents and procedures to promptly disburse when there is an annual capital allocation decision.
Among the projects with adjusted capital plans, there is one project with reduced capital, which is the North-South railway feeder project from Vinh city to Nghi Loc district, invested by the Provincial Management Board of Investment and Construction of Civil and Industrial Works. The project has a total investment of 100.5 billion VND from the central budget, now adjusted down by 75.6 billion VND.
With the increase in capital plan adjustment including projects in the fields of: agriculture, forestry, salt industry, irrigation, fishery and transportation.
Specifically, for the fields of agriculture, forestry, salt industry, irrigation and aquaculture, there are 6 projects. Of which, 4 projects are transferred from the 2016-2020 period to the 2021-2025 period, including: Repairing and upgrading reservoirs in the communes: Giang Son Dong, Do Luong district; Nghia My commune, Thai Hoa town; Trung Thanh commune, Bao Thanh commune, Yen Thanh district.
Two projects that have been allocated capital in the investment plan have been decided by competent authorities for investment before January 1, 2025 but have not been allocated capital in the medium-term public investment plan for the period 2016 - 2020, including: Repairing and upgrading reservoirs in Tan Thanh (Yen Thanh) and Quynh Tan (Quynh Luu) communes.
The projects with increased capital plans in the transport sector are transitional projects from the 2016-2020 period to the 2021-2025 period, including projects to build rescue roads and flood roads with investors in districts such as Yen Thanh, Dien Chau, Con Cuong, Que Phong, Thai Hoa Town, Tan Ky, Anh Son and 1 project invested by the Department of Agriculture and Rural Development.
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