On April 28, the People's Council of Kien Giang province passed a Resolution to Adjust and supplement a number of project categories under the 2025 state budget public investment plan in Kien Giang province.
Specifically, adjusting down more than VND 2,500 billion in unallocated capital in Resolution No. 20 dated February 24, 2025 of the People's Council of Kien Giang province on adjusting and supplementing a number of project categories under the 2025 state budget public investment plan.
Adjust increase/ decrease the investment capital plan in the local budget balance between departments, branches, sectors and localities with a total adjusted capital plan of more than VND3,000 billion. In particular, the detailed allocation of capital of more than VND 2,500 billion in Resolution No. 20 and the adjustment of capital increase/decrease between projects is more than VND 455 billion (including capital reduction for 19 project categories and capital increase for 58 project categories).
According to the People's Committee of Kien Giang province, based on Resolution No. 20 of the People's Council of Kien Giang province, the public investment plan for 2025 is allocated more than VND 11,000 billion, of which local budget capital is more than VND 8,700 billion, central budget capital is more than VND 2,300 billion.
The adjustment is to continue allocating capital for newly started projects that have completed investment procedures, transitional projects with completed acceptance volumes put into use, projects allocated capital to carry out investment preparation work and adjusted the increase and decrease capital plan to suit the project implementation capacity; reviewed temporarily suspended district-level office buildings; urgent projects serving the APEC 2027 Summit Week.
According to the provisions of Article 71 of the Law on Public Investment dated November 29, 2024, to continue allocating capital for newly started projects that have completed investment procedures, it is necessary to adjust and supplement a number of project categories under the 2025 public investment capital plan from local budgets in Kien Giang province and in accordance with regulations.
Therefore, the Provincial People's Committee submitted to the Provincial People's Council to adjust and supplement the capital plan for a number of project categories under the 2025 public investment plan from the state budget in Kien Giang province as necessary and in accordance with regulations.
