At the 26th Session, the Cao Bang Provincial People's Council passed a Resolution on the 2025 Public Investment Plan.
In Resolution No. 108/NQ-HDND, in 2025, the total public investment capital of Cao Bang province will be 4,265 billion VND, most of which will be mobilized from the state budget.
This capital will be divided equally among many large projects, most notably transportation projects and national target programs. Another important part of the capital will also be borrowed from foreign sources to implement special projects.
Local budget capital will reach about 979 billion VND, focusing on investment in basic construction projects with 792 billion VND for domestic concentrated projects.
Along with that, Cao Bang will use 172 billion VND from land use revenue and 15 billion VND from lottery revenue to develop urban infrastructure and other welfare projects.
Regarding the central budget, the total allocation is up to 3,284 billion VND, of which the majority will be invested in key transport projects and national programs. In particular, the project to build the Dong Dang - Tra Linh expressway, with a total capital of up to 1,594 billion VND.
In addition, national target programs such as new rural development, improving health and education infrastructure will also be prioritized, with a total capital of up to 931 billion VND.
Another portion of the central budget, about 32 billion VND, will be mobilized from foreign capital to implement special projects. In addition, the province also plans to borrow about 2.4 billion VND from the Government to serve public investment projects.
To ensure the best results in implementing this plan, the People's Council assigned the People's Committee of Cao Bang province to be responsible for supervising and coordinating the implementation of the projects.