Long An's public investment disbursement reaches over 99% in the 2021-2023 period

In the period 2021-2023, public investment disbursement reached over 99%

In the total medium-term public investment capital plan for the period 2021-2025, the Central Government assigned more than 18,000 billion VND, and the Provincial People's Council allocated more than 25,500 billion VND. In addition, in the period 2021-2023, the Provincial People's Council also assigned more than 4,000 billion VND. Total capital was allocated according to the annual plan to carry out investment projects, ensuring resources and actual local needs, contributing to promoting socio-economic development.

The implementation and disbursement of investment capital are focused and directed by the provincial leaders and are considered a key political task of the locality. Thanks to that, the implementation of investment as well as capital disbursement achieved positive results, contributing to promoting growth. Disbursement of public investment capital in the province in the period 2021-2023 reached over 99%, of which in 2021 reached 98.6%, in 2022 reached 99.25%, in 2023 reached 99.57%.

In addition, in 2024, the Provincial People's Committee has allocated 7,756 billion VND; By April 24, 2024, disbursed 1,966.8 billion VND, reaching 25.36% of the plan, of which, provincially managed capital is 5,553.6 billion VND, disbursed 1,396.1 billion VND, reaching 25.14% of the plan; district managed capital is 2,202.4 billion VND, disbursed 570.6 billion VND, reaching 25.91% of the plan./.

By Thanh My - Translated by Q. Thien

Source: https://baolongan.vn/long-an-giai-doan-2021-2023-giai-ngan-dau-tu-cong-dat-hon-99--a176011.html