On the afternoon of July 15, the 11th Conference of the Executive Committee of the Lam Dong Provincial Party Committee approved the Submission of the Standing Committee of the Provincial Party Committee on the results of implementing the medium-term public investment plan for the period 2021 - 2025 and the expected medium-term public investment plan for the period 2026 - 2030.
According to the plan, the total medium-term public investment capital for the 2026 - 2030 period of the province is expected to be about 125,000 billion VND, an increase of 50.46% compared to the 2021 - 2025 period.
In which, central budget capital accounts for 24.9%, local budget accounts for 75.1%.
Lam Dong also plans to include 18 projects and works in the key list with a total investment of about 158,000 billion VND.
Of this, about 42,000 billion VND is allocated from public investment capital, the rest is mobilized from the central budget support, investment capital in the form of public-private partnerships (PPP), enterprise capital and socialized sources.
According to the report at the conference, in the period 2021 - 2025, the whole province disbursed 76,470 billion VND in the total capital plan of more than 83,000 billion VND, reaching 92% of the plan.
Of which, central budget capital disbursed about 22,370 billion VND, reaching 87.5% of the plan; local budget capital reached about 54,100 billion VND, equivalent to more than 94% of the plan.
Three national target programs also mobilized more than 8,200 billion VND, focusing on investing in essential infrastructure, supporting production development, improving people's lives and improving access to social services.
However, disbursement between capital sources, sectors and localities is still uneven. Some key projects are still behind schedule, while ODA capital and foreign loans have low disbursement rates.
Mr. Y Thanh Ha Nie Kdam - Member of the Party Central Committee, Secretary of the Lam Dong Provincial Party Committee - requested the Provincial People's Committee to implement the public investment plan for the period 2026 - 2030 in a focused direction; at the same time, prioritize key projects with connectivity and development motivation, avoiding spreading investment and inefficiency.
The Provincial Party Secretary also proposed that the allocation of capital must closely follow the ability to balance resources, prioritize transitional projects, urgent projects and projects that are likely to be completed in the planned period; do not allocate capital for projects that do not meet the conditions for implementation or are at risk of being prolonged, causing waste.
