HCMC after reorganization continues to invest VND155,993 billion to implement 6,811 projects

ĐÌNH TRỌNG |

HCMC - In 2025, HCMC, after reorganization, will continue to invest in 6,811 projects with a total allocated capital of VND155,993 billion.

On July 24, at the second session of the 10th term, the Ho Chi Minh City People's Council unanimously approved the submission for the Ho Chi Minh City People's Committee to receive the entire medium-term public investment plan for the period 2021 - 2025, the public investment plan for 2025 and the public investment plan for state budget capital in 2024 are allowed to extend the disbursement period to 2025 of the old Binh Duong, the old Ba Ria - Vung Tau and the old Ho Chi Minh City.

Accordingly, the medium-term public investment plan for the period 2021 - 2025 of Ho Chi Minh City after the arrangement includes 14,217 projects (including projects using district and commune-level budget capital before the arrangement).

The total capital implemented in the medium-term public investment plan for 2021 - 2025 is 468,990 billion VND and the unallocated detailed reserve is 2,812 billion VND.

HDND TPHCM da thong qua 19 nghi quyet tai ky hop. Anh: Dinh Trong
The Ho Chi Minh City People's Council passed 19 resolutions at the meeting. Photo: Dinh Trong

The 2025 public investment plan of Ho Chi Minh City after the arrangement includes 6,811 projects (including projects using district and commune budget capital before the arrangement) with a total allocated capital of VND155,993 billion and a detailed reserve of VND2,780 billion.

The 2024 state budget public investment plan is authorized by competent authorities to extend the implementation period and disbursement to the 2025 plan, including 6 projects with a total capital of VND 975 billion.

SDFF
The total consolidated public investment capital of Ho Chi Minh City after the arrangement in 2025 is 155,993 billion VND. Photo: Dinh Trong

Also at the meeting, the Ho Chi Minh City People's Council passed resolutions, including important contents such as: Preferential mechanisms and support for investors participating in renovating and rebuilding apartment buildings in the city; Decentralization of revenue sources, spending tasks and percentage of revenue allocation to each budget level in the city in 2025; Approving the naming of roads and adjusting roadmaps in the city...

Tightening discipline in disbursing public investment capital

Speaking at the closing session, Mr. Vo Van Minh - Chairman of the Ho Chi Minh City People's Council suggested that the City People's Committee focus on completing the organizational arrangement.

Continue to synchronously and effectively implement solutions after the reorganization. Pay attention to resolving policies and regimes for affected subjects, especially cadres and civil servants.

Ong Vo Van Minh - Chu tich HDND TPHCM phat bieu tai ky hop. Anh: Dinh Trong
Mr. Vo Van Minh - Chairman of the Ho Chi Minh City People's Council spoke at the meeting. Photo: Dinh Trong

Mr. Vo Van Minh suggested further speeding up the progress of rearrangement and handling of houses and land at agencies, organizations and units. Ensure effective exploitation, avoid wasting public assets after restructuring and streamlining the apparatus.

Mr. Vo Van Minh emphasized that it is necessary to continue implementing strong enough solutions to completely handle projects and construction works that have basically stopped construction, are behind schedule...

Tighten discipline and order in construction progress and disbursement of public investment capital, resolutely handle cases of delays due to subjective reasons. Ensure the implementation of the target of resolving 50% of works and projects under the central resolution authority, 100% of works and projects under the city's resolution authority in 2025.

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ĐÌNH TRỌNG |

HCMC - On July 24, the HCMC People's Council held the second session of the 10th term. Standing Deputy Secretary of the HCMC Party Committee Nguyen Thanh Nghi attended and gave a speech at the session.

After the arrangement, the total state budget revenue estimate in Ho Chi Minh City is 697,395 billion VND

ĐÌNH TRỌNG |

HCMC - After merging with Ba Ria - Vung Tau and Binh Duong, the total state budget revenue estimate in HCMC is only 697,395 billion VND.

Ho Chi Minh City is about to inaugurate a 2,000-seat circus with an investment capital of nearly VND1,400 billion

MINH QUÂN |

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