Vinh City plans to spend over 3,000 billion VND on public investment in 2025
At the 13th session held in mid-July 2024, the 22nd Vinh City People's Council, term 2021-2026, passed a resolution providing opinions on the draft public investment plan for 2025, with a total budget of over 3,000 billion VND.
The total public investment budget from the city's funds for 2025 is projected to be 3,004 billion VND. Of this, over 1,961 billion VND is allocated for debt repayment for completed and unfinished projects; more than 742 billion VND is earmarked for 82 new projects and preparatory investments; and over 300 billion VND is reserved for contingencies, planning, land use plans, and debt settlement for wards and communes, as well as loans through the social policy bank system (10%).
Among the 82 projects in the 2025 public investment plan, 36 are carryovers from 2024. These include 8 infrastructure projects in residential plot plans in various wards and communes: Vinh Tan, Ben Thuy, Trung Do, Dong Vinh, Hung Dung, Nghi Duc, Nghi Kim; and 8 projects for upgrading roads and drainage systems.
Some notable projects include the renovation of the Le Mao Street boulevard, the 72m road; lighting, decoration, and landscaping of the pedestrian street; anti-landslide measures for Quyet Mountain; increasing the capacity of the city's central wastewater treatment plant and Pump Station No. 1 in Hung Hoa Commune.
Of the 46 projects planned for 2025, three are educational facilities: building the second campus of Huynh Thuc Khang High School; upgrading technical infrastructure at Hong Son Secondary School to become Hong Son Primary School; upgrading technical infrastructure at Hong Son Primary School to become Hong Son Kindergarten; expanding the campus, building new classrooms and a kitchen for Nghi Phu Kindergarten.
Additionally, the plan includes building 13 communal cultural houses; 13 infrastructure projects for residential plot plans; 17 projects for the construction, renovation, and upgrading of roads, sidewalks, street lighting, drainage systems; and the improvement and enhancement of sports stadiums and fields.