Pursuant to the Law on Public Investment and the Law on State Budget, the Prime Minister requests ministries, central and local agencies to implement the preparation of medium-term public investment plans for the period 2026 - 2030.

Specifically, regarding the assessment of the implementation of the medium-term public investment plan for the 2021-2025 period, the Prime Minister requested ministries, central and local agencies to focus on the following contents:

Evaluate the issuance of documents, direction, administration and guidance in public investment management of ministries, agencies and localities.

Situation of allocation, assignment, and adjustment of medium-term public investment plans for the period 2021 - 2025 by sector, field, program, task, and project according to each capital source (state budget capital, capital from legal revenue sources of state agencies, public service units reserved for investment (if any)).

Situation of allocation, assignment, adjustment, and disbursement of public investment plan capital for 2021, 2022, 2023, estimated implementation in 2024, and expected plan for 2025 according to each capital source for tasks, programs, and projects.

Situation of capital mobilization from other economic sectors for development investment; implementation and disbursement of investment projects under the public-private partnership (PPP) method in the period 2021 - 2025 (including: state budget capital, investor capital).

Results achieved, project investment efficiency, increased capacity. Assess the feasibility and expected level of plan completion compared to the targets assigned by competent authorities in the medium-term public investment plan for the period 2021 - 2025 according to each capital source.

Limitations, difficulties, obstacles; Causes (objective, subjective); Responsibilities of agencies, organizations, individuals; Lessons learned; Proposals, recommendations (including solutions, recommendations on policies and mechanisms that need to be implemented in the remaining time of the medium-term public investment plan for the period 2021-2025 to effectively implement the set goals (if any)).

Regarding the assessment of the use of public investment capital of the Socio-Economic Recovery and Development Program, the Prime Minister requested to clearly state: The total public investment capital of the Program assigned by competent authorities to ministries, central agencies and localities; the situation of allocation, implementation and disbursement of capital for tasks and projects under the Program in the annual public investment plan and the results achieved, difficulties and obstacles in implementation, responsibilities of individuals and collectives; lessons learned; proposed solutions and recommendations (if any).

The Prime Minister requested to deploy the development of a medium-term public investment plan for the 2026-2030 period with the goals and orientations for public investment in the 2026-2030 period to maximize and effectively use development investment capital sources to serve the implementation of the 10-year socio-economic development strategy for 2021-2030 and the projected 5-year socio-economic development plan for 2026-2030.

Focus on arranging key and focal points to implement large, symbolic tasks, works and projects, turn around the situation and change the status, accelerate progress, complete synchronous and modern infrastructure; do not allocate capital in a scattered and fragmented manner; for localities, public investment capital is established in accordance with each level of government, each budget level, administrative boundaries and development requirements of local levels. The number of central budget investment projects implemented in the 2026 - 2030 period must be lower than the 2021 - 2025 period by about 15 to 20% of the total number of projects; to focus on large, important national projects and not take much time to complete procedures.

Thoroughly grasp the principles and order of priority in arranging and using state budget capital to lead and exploit to the maximum the resources of other economic sectors; create a breakthrough in attracting domestic and foreign private capital sources under the public-private partnership method to focus on investment in developing and perfecting the system of important economic and social infrastructure, especially for projects with wide spread and great impact on economic development; social infrastructure projects serving the community in the health, education, social sectors...

Principles for medium-term public investment planning for the period 2026 - 2030: The central budget (including targeted support for localities) must focus on investing in important national projects, large projects, works, inter-regional, inter-national, international projects, with spillover effects, creating momentum for socio-economic development of localities, regions, and countries, ensuring focus, key points, and efficiency, resolutely overcoming fragmentation, dispersion, and inefficiency.

Based on the assessment of the implementation of socio-economic development tasks and the Medium-term Public Investment Plan for the 2021-2025 period, ministries, central agencies and localities shall identify key and important tasks to be implemented in the 2026-2030 period in accordance with the goals and orientations for allocating public investment capital for the 2026-2030 period; proactively arrange the priority order of programs, tasks and projects approved by competent authorities according to the level of urgency, importance and implementation capability in the 2026-2030 period; do not allocate capital in a scattered and fragmented manner; Focus on allocating public investment capital to complete and accelerate the implementation of national target programs, important national projects, expressway projects, high-speed railway projects, urban railways, connectivity projects, projects with inter-regional, inter-national and inter-international impacts, projects with significance in promoting rapid and sustainable socio-economic development, programs, tasks, national defense, security, justice, science and technology, innovation, digital transformation, education, high-quality human resource training, protection and care for people's health, adaptation to climate change, ensuring water security, green transformation; pay off all outstanding debts for basic construction arising before January 1, 2015 (if any), and completely recover the remaining advanced capital that must be recovered according to the provisions of Resolution No. 93/2023/QH15 dated June 22, 2023 of the National Assembly (if any).

Ensure publicity, transparency and fairness in medium-term public investment planning for the period 2026 - 2030. Ensure centralized management and unity in objectives, mechanisms and policies; strengthen decentralization and delegation of authority associated with enhancing responsibility and inspection and supervision; reduce administrative procedures in public investment management, create initiative for all levels and sectors and improve investment efficiency .

Making a medium-term public investment plan for the period 2026 - 2030: Ministries, central agencies and localities review and plan the medium-term public investment plan for the period 2026 - 2030 according to each capital source in each sector and field for tasks, programs and projects in the following order of priority:

a) Allocate sufficient capital to pay off all outstanding debts for basic construction (arising before January 1, 2015) according to the provisions of the Law on Public Investment (if any);

b) Allocate sufficient capital to repay all planned advance capital (if any);

c) Allocate sufficient capital for completed and handed over projects for use but not yet allocated enough capital; projects using ODA capital, preferential loans from foreign sponsors (including counterpart funds); State investment capital participating in project implementation under the public-private partnership method; transitional projects expected to be completed within the planning period; transitional projects implemented according to approved progress (not yet completed within the planning period);

d) Allocate capital to carry out planning tasks, review and adjust planning according to the provisions of the Law on Planning and Resolution No. 61/2022/QH15 dated June 16, 2022 of the National Assembly on continuing to enhance the effectiveness and efficiency of implementing policies and laws on planning and a number of solutions to remove difficulties and obstacles, speed up the progress of planning and improve the quality of planning for the period 2021 - 2030;

d) Allocation of investment preparation capital (clarify investment preparation capital for projects expected to start construction in the 2026 - 2030 period, and capital allocated for investment preparation tasks for projects expected to start construction in the 2031 - 2035 period);

e) Allocate capital for newly started projects that meet the requirements of the Law on Public Investment.

g) Allocate capital for interest rate differential compensation, management fees, charter capital for policy banks, non-budgetary state financial funds, and investment support for other policy subjects according to the Prime Minister's decision.

The Prime Minister assigned the Ministry of Planning and Investment to preside over and coordinate with the Ministry of Finance and relevant agencies to guide ministries, central and local agencies on the objectives, requirements, contents, time and progress of making medium-term public investment plans for the period 2026 - 2030 before August 15, 2024. Develop principles, criteria and norms for allocating public investment capital from the state budget for the period 2026 - 2030, and submit them to competent authorities as prescribed before September 20, 2024.

The Ministry of Finance shall preside over and coordinate with the Ministry of Planning and Investment and relevant agencies to report to the Government on the expected ability to balance the state budget for development investment expenditure in the 2026 - 2030 period before January 15, 2025.

Ministries, central and local agencies shall review and synthesize capital needs, develop medium-term public investment plans for the 2026-2030 period, and send them to the Ministry of Planning and Investment and the Ministry of Finance before September 30, 2024.