According to the People's Committee of Kien Giang province, the expected medium-term public investment plan for the period 2026-2030 in Kien Giang province is more than 139,300 billion VND, allocated to 847 programs and projects. Of which: Investment capital in the local budget balance is more than 94,600 billion VND, and the central budget support capital is more than 44,700 billion VND.
Investment capital in the local budget balance is expected to be over VND 94,600 billion, allocated for 810 programs and projects, including: 53 transitional projects, with an estimated capital of over VND 7,600 billion; Newly started projects are expected to be allocated for 757 programs and projects, with an estimated capital of over VND 87,000 billion.
The central budget support capital of 44,700 billion VND is expected to be allocated to 31 programs and projects, including: 28 newly started projects with an estimated capital of more than 34,200 billion VND. The national target program (development investment expenditure) is expected to be allocated to 3 programs with an estimated capital of more than 1,100 billion VND. ODA loans and preferential loans from foreign donors are nearly 9,400 billion VND, expected to be allocated to 6 projects.
According to the Provincial People's Committee, this is only at the stage of estimating capital needs to seek opinions from the Ministry of Finance and the Ministry of Planning and Investment on the total capital. On the other hand, it must be consistent with the provincial 5-year budget estimate for 2026-2030 approved by the Ministry of Finance. Therefore, after receiving opinions from the Ministry of Finance on the 5-year budget estimate for 2026-2030 and opinions from the Ministry of Planning and Investment on the expected medium-term public investment plan for the period 2026-2030 in the province, the Provincial People's Committee will submit a specific list and capital level of each program and project in the medium-term public investment plan for the period 2026-2030 in the province in accordance with the provisions of the Law on Public Investment.
Speaking at the meeting, Chairman of the Kien Giang Provincial People's Council Mai Van Huynh said that the Provincial People's Council had reviewed and unanimously voted to approve 7 draft Resolutions. These are important resolutions, especially the Resolution on the expected medium-term public investment plan for the period 2026-2030 in the province, the Resolution on classifying Phu Quoc City as a type I urban area of the province and the Urban Development Program of Phu Quoc City to 2040. These Resolutions, if well implemented, will greatly contribute to promoting the socio-economic development of the province in general, ensuring that Phu Quoc City develops comprehensively, in accordance with the planning approved by the Government in particular in the coming time.
