The Da Nang People’s Council has just issued Resolution No. 70/NQ-HDND on the 2022 public investment plan in the city. Accordingly, the public investment plan in 2022 is identified as follows.

The total public investment capital in 2022 is VND7,880.731 billion. Of this, domestic capital is VND7,333.231 billion, including VND2,019.888 billion in centralised budget source, VND2,700 billion in revenue generated from land use levy, VND160 billion collected from lottery ticket sales, VND535.948 worth of additional central budget capital for specific targets; VND1,917.395 billion  from other sources, and VND547.5 billion worth of ODA capital.

In addition, Da Nang will focus on allocating public investment capital in 2022 for projects in the southern provinces of Laos in line with bilateral memoranda of understanding (MoUs), provide decentralized investment capital for projects in Hoa Vang District, prioritise the arrangement of reciprocal capital for ODA projects according to the disbursement schedule and allocate capital for key motivational projects in the city.

Reporting by THANH LAN – Translating by A. THU