The above information was unanimously approved by the Provincial People's Committee at the regular meeting of the Provincial People's Committee in November 2023.

Pursuant to the provisions of Clause 7, Article 17 of the Law on Public Investment 2019, to promote delegation and decentralization in the field of public investment, the Provincial People's Council issued Resolution No. 20/2020/NQ-HDND dated December 13, 2020 assigning the Provincial People's Committee to decide on investment policies for Group C public investment projects.

Accordingly, from December 23, 2020 to November 15, 2023, 234 projects were approved for investment with a total investment of more than VND 20,293 billion; of which 144 projects were approved for investment by the Provincial People's Committee according to Resolution No. 20 of the Provincial People's Council with a total investment of more than VND 2,856 billion, accounting for 61.54% of the number of projects and 14.08% of the total investment value.

In addition, from December 23, 2020 to November 15, 2023, there were 6 projects implementing total investment adjustments under the provisions of Article 2 of Resolution No. 20 of the Provincial People's Council due to changes in labor costs, addition of items or changes in technical solutions. To date, 2 projects have been completed and put into use, 4 projects are under construction according to schedule.

The Provincial People's Committee assessed that before deciding on investment policies, all projects are appraised for capital sources and capital balancing capabilities, ensuring correct objectives, orientations and conformity with the province's socio-economic development planning and plans.

Up to now, 11 projects have been completed and put into use, 71 projects are under construction, 61 projects are carrying out investment procedures, and only 1 project's investment policy has been canceled due to objective reasons.

The Provincial People's Committee believes that the Provincial People's Council's assignment of the Provincial People's Committee to decide on investment policies for Group C public investment projects has contributed to increasing proactiveness, creating favorable conditions for the management, direction and operation of the Provincial People's Committee to be smooth, timely, and meet the requirements of practice.

The number of projects assigned to the Provincial People's Committee for investment policy decisions is quite large (accounting for 61.54%), which has contributed to speeding up the progress of capital plan allocation, shortening the time to complete legal procedures on investment and construction, especially procedures for adjusting investment policies), early implementation of construction and disbursement of capital allocated for projects.

In addition to assigning work to the Provincial People's Committee, projects under the authority of the Provincial People's Council to approve investment policies still account for the majority of the total investment (85.92%), thus ensuring the role of the Provincial People's Council in deciding on investment policies for major projects and key projects of the province, associated with the supervision of implementation, contributing to improving the effectiveness of projects.

However, the Provincial People's Committee also said that the implementation of Resolution No. 20 of the Provincial People's Council in the fields of transportation, tourism, industrial parks and economic zones is still limited, accounting for only 31.75% of the number of projects and 5.63% of the total investment value because the projects in this field mainly have large total investments (over 50 billion), so in reality, it has not yet met the requirements for accelerating the implementation progress.

The delegation of authority to the Provincial People's Committee to decide on investment policies for a number of Group C projects is consistent with the policy of promoting decentralization and delegation of authority, consistent with the provisions of the Law on Public Investment and practical requirements. Therefore, the Provincial People's Committee proposes to continue implementing the contents of Resolution No. 20 issued by the Provincial People's Council.