(HBO) – Hoa Binh has been allocated over 3.39 trillion VND (148.26 million USD) in investment capital from the State budget 2022. The provincial People’s Council approved 4.19 trillion VND worth of public investment, of which 3.82 trillion VND has been allocated to projects.


The last items of the project on upgrading provincial road 432 are being completed. The operational sections have contributed to local socio-economic development.

Of the amount, 1.86 trillion VND comes from the provincial budget balance, 798.9 billion VND from the extra amount in local budget collection, 732.5 billion VND from the central budget, and 422.6 billion VND worth of foreign investment.

The remaining 369.2 billion VND is expected to be earmarked for projects under the socio-economic development scheme for residential areas around Da River included in the mid-term investment plan for 2021-2025. Project to improve and upgrade provincial road 435 is being completed the last items by the construction unit. The route put into operation has promoted socio-economic development of communes in Hoa Binh lake area.

As of February 28, the province disbursed 518.8 billion VND worth of public investment, completing 15 percent of the target assigned by the Prime Minister, and 14 percent of the amount already allocated to projects.

As much as 453.7 billion VND from the provincial budget balance had been disbursed, fulfilling 24 percent of the amount assigned by the PM and 17 percent of the capital allocation for projects.

Meanwhile, 57.2 billion VND from domestic central budget and 7.8 billion VND from foreign sources had been disbursed. /.


 


Related Topics


Hoa Binh scores highest points in two indicators of PAR Index 2023

Hoa Binh scored the highest points in two out of the eight indicators of the Public Administrative Reform (PAR) Index ranking in 2023 that the Ministry of Home Affairs announced on April 17.

Hoa Binh’s potential, strengths popularised in US, Canada

A working delegation from Hoa Binh province led by Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh is attending a programme to popularise Vietnamese products in the US and Canada on April 20-28.

Kim Boi district maintains stable, sustainable economic development in forestry

Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.

Hoa Binh Power Corporation gears up for hot season

The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.

Starting business from hometown specialty

Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.

Huge potential to boost chilli export to RoK

Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.