Many key projects

The Eastern Economic Corridor Road Project (National Highway 19 bypass) connects Dak Doa and Chu Pah districts with Pleiku City. This is a Group B project with a total investment of VND 1,325 billion. This level II traffic project has a total route length of 15.14 km, an urban main road (QCVN 07-4:2016/BXD) with a design speed of 60 km/h; 30 m wide roadbed, 21 m wide road surface, 3 m wide median strip, 3 m wide sidewalks on each side, asphalt concrete road surface; 3 new bridges along the route; lighting and trees.

According to Mr. Phan Xuan Diep - Director of the Provincial Construction Investment Project Management Board: The project has a regional linkage nature, creating momentum for the development of the Eastern economic corridor of Pleiku City and neighboring districts. At the same time, gradually completing infrastructure and traffic network in the province. Up to this point, the project has disbursed 735.5 billion VND, expected to be completed in 2025.

Along with the Eastern Economic Corridor, during this period, Gia Lai also implemented a series of key transport projects such as: upgrading and renovating provincial roads 664 and 663; Chu Se-Chu Puh-Chu Prong inter-district road... These projects contributed to the formation of new transport routes, creating connections between regions, reducing overload on old transport routes.

The project to build the Theater, the Cultural and Art Exhibition Center and the Provincial General Library will also be allocated capital for investment and construction during this period. The project has a total investment of 200 billion VND from the provincial budget with an expected scale of 1,000 seats; built according to national standards TCVN 9369:2012. The construction site is the former warehouse of the State Reserve Department of the Northern Central Highlands (Le Loi Street) with a total area of ​​about 7,800 m2. The expected completion time is in 2025.

According to Mr. Tran Ngoc Nhung - Director of the Department of Culture, Sports and Tourism: This is a project bearing the cultural mark of Pleiku City in particular, Gia Lai in general. The project is a great determination of the Provincial Party Committee, People's Council, and Provincial People's Committee to build a project worthy of a class I urban area. After completion, the project will be located in a complex of important cultural institutions including: Dai Doan Ket Square - Provincial Museum - Theater, Cultural and Art Exhibition Center and Provincial General Library. When there is a standard Theater, it will attract many famous artists and art troupes to perform and exchange culture. Thereby, improving the quality of art enjoyment of people in the province, serving tourists, promoting local tourism development; on the other hand, promoting the development of cultural careers as well as serving important political tasks and diplomatic events of the province.

The total medium-term public investment capital plan from the state budget for the 2021-2025 period of the province is more than 17,926 billion VND (excluding capital from national target programs and socio-economic recovery and development programs); the total capital assigned by the Provincial People's Council is 18,259 billion VND (equal to 102% of the capital assigned by the Prime Minister). As of March 5, 2025, the Provincial People's Committee has assigned an annual public investment capital plan of 16,908 billion VND and disbursed 10,474 billion VND, reaching 62% of the assigned capital plan.

According to Director of the Department of Finance Do Viet Hung: The public investment plan for the 2021-2025 period in the province has been implemented with focus, key points, synchronously, with high spillover effects and significance in promoting socio-economic development, improving the competitiveness of the economy. In particular, public investment has closely followed and served the implementation of long-term socio-economic development goals and orientations of the industry, sector, and locality; ensuring a reasonable and effective investment structure among localities in the province.

Be proactive for the next phase

2025 is the final year of implementing the medium-term public investment plan for the period 2021-2025. According to Resolution No. 441/NQ-HDND of the Provincial People's Council, the 2025 public investment plan from local budget sources in the province is over 2,624 billion VND. Of which, the balanced capital according to criteria is over 953 billion VND; land use fee revenue is over 1,201.5 billion VND; lottery source is 190 billion VND; provincial budget surplus source is nearly 175.3 billion VND; provincial budget deficit is 104.2 billion VND. Along with that, the Provincial People's Council also agreed on the capital allocation plan for 2025 from the central budget source of nearly 1,938 billion VND; of which, 1,856.2 billion VND is domestic capital, 81.7 billion VND is foreign capital.

To ensure the disbursement target of at least 95% of the assigned public investment capital plan in 2025, the Director of the Department of Finance requested that the standing agencies of the working group actively monitor the implementation of projects from the beginning of 2025. In addition, investors should proactively discuss directly with specialized departments and branches for timely guidance and handling. For projects under construction, investors need to strengthen field supervision, promptly resolve difficulties and problems, and take full responsibility for the progress and disbursement of each project.

Currently, the province is reviewing and determining investment needs, proposing a list of projects expected to be invested in the 2026-2030 period in order of priority and consulting the Party Committee on the list of projects expected to be invested in the area. Accordingly, public investment capital from the state budget in the 2026-2030 period will be prioritized for early completion and effective promotion of projects under national target programs; important national projects; expressway projects; high-speed railway projects, urban railways, connecting projects with inter-regional impacts; projects that are meaningful in promoting rapid and sustainable socio-economic development; programs and projects on science, technology, innovation, digital transformation, etc. At the same time, prioritize capital allocation for mountainous areas, ethnic minority areas, disadvantaged areas, especially disadvantaged areas, areas frequently affected by natural disasters, contributing to narrowing the gap in development level, income and living standards of people between regions.

"After receiving the announcement and instructions from the Central Government on the medium-term public investment plan for the period 2026-2030, departments and branches will review and advise the Provincial People's Committee to consider and implement the next steps according to regulations," said the Director of the Department of Finance.

Source: https://baogialai.com.vn/von-dau-tu-cong-trung-han-giai-doan-2021-2025-tien-de-de-kinh-te-xa-hoi-khoi-sac-post315963.html