In the period of 2021 - 2023, Binh Thuan is expected to attract a total social investment capital of more than 129,800 billion VND, thereby focusing on infrastructure investment in the province.
This is also the result achieved after more than 1.5 years of implementing Resolution No. 08 - dated December 28, 2021 of the Provincial Party Committee (term XIV) on promoting the mobilization of investment resources for the development of socio-economic infrastructure by 2025. This includes additional central budget capital for Phan Thiet Airport (defense project) and investment in 3 expressway sections through the province: Cam Lam - Vinh Hao, Vinh Hao - Phan Thiet, Phan Thiet - Dau Giay. As for development investment expenditure (including development investment capital from national target program capital sources, target programs and tasks assigned by the Central Government) is 13,570 billion VND, reaching 38.65% of total local budget expenditure...
In recent times, the locality has always prioritized state budget capital managed by the province and central budget capital invested in the area to promote investment in transport infrastructure. Up to now, many large-scale projects and works have been completed and put into use to promote efficiency, especially with the two expressways Vinh Hao - Phan Thiet and Phan Thiet - Dau Giay... Meanwhile, rural transport infrastructure in Binh Thuan is still being strongly invested in according to the motto "People do - State supports". Specifically, in the period of 2021 - 2023, the whole province will implement nearly 150 km of rural roads with a total cost of more than 298 billion VND, including: Provincial budget support capital of 210 billion VND, district support capital of 26.41 billion VND and people's contribution of 62.19 billion VND.
Regarding industrial parks and clusters, from 2021 to the middle of this year, 7/9 industrial parks have invested in infrastructure with an area of 2,163.43/3,003.43 hectares, accounting for over 72% of industrial park land in Binh Thuan. Regarding industrial clusters, the locality has currently established 27/36 clusters according to the plan, of which 14 clusters have infrastructure investors and from 2021 to now, infrastructure investment for 7 clusters has reached an implementation value of about 460 billion VND (including secondary investment capital in clusters)... Especially with electricity - energy infrastructure, at the same time, the whole province has 5 more wind power plants with a total investment of about 8,766 billion VND. In addition, the power grid system (500 kV, 220 kV, 110 kV, medium voltage and low voltage) in the province is also invested, renovated and upgraded regularly with a total capital of more than 1,000 billion VND.
Along with that, Binh Thuan also focuses on investing in infrastructure in a number of key sectors and fields: Irrigation and climate change response; Trade - services; Information, digital transformation and science and technology; Culture, sports and tourism; Infrastructure investment to implement 3 national target programs. In particular, the health sector, thanks to mobilizing resources from the state budget, lottery capital and socialization, has boosted infrastructure investment in the period of 2021 - 2023 with about 470 billion VND. Infrastructure investment for the education and training sector in this period is nearly 1,600 billion VND, thanks to which educational facilities are basically fully and synchronously invested as well as meeting the needs of teaching and learning...
It is known that Resolution No. 08 of the Provincial Party Committee (term XIV) on promoting the mobilization of investment resources for the development of socio-economic infrastructure by 2025 sets a target of 250,000 billion VND. With the results after more than 1.5 years of implementation, approximately 52% of the set target has been achieved, which also recognizes the efforts to mobilize maximum resources for infrastructure investment in Binh Thuan... Recently, the locality continued to receive good news when attracting non-budget projects with large registered capital that were approved for investment policy: Son My LNG Port Warehouse (31,434 billion VND), Son My II Thermal Power Plant (over 49,500 billion VND), Son My I Thermal Power Plant (47,464 billion VND). Or many projects in the transport sector that have been approved by competent authorities for investment policies, or proposed for consideration of support for the allocation of central budget capital for investment, will focus on regional connectivity, creating development momentum for localities.
Continuing to implement Resolution No. 08 of the Provincial Party Committee (term XIV), Binh Thuan will create all favorable and transparent conditions regarding investment procedures, land policies, tax policies, site clearance compensation, investment incentives to attract investors and domestic and foreign economic sectors to participate in investing in developing the province's socio-economic infrastructure...
In the field of energy infrastructure, up to now, the whole province has 47 power plants (with a total capacity of 6,523.21 MW) operating to generate electricity with the designed power output of the plants being over 31 billion kWh/year. Thereby, not only ensuring safe, stable and continuous power supply for socio-economic development, security and defense of the locality but also contributing to ensuring power supply for the key economic region in the South, ensuring national energy security...
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