On December 31, 2021, the Da Nang government announced the 2022 public investment capital disbursement plan in Decision No. 4356/QD-UBND. Accordingly, a series of investment projects are expected to receive public investment capital for construction and completion in 2022.

Many projects have received additional capital to improve the efficiency of public investment and socio-economic development. Here is a scene of the under-construction traffic infrastructure project to the western end of the Tran Thi Ly Bridge which will receive additional capital for completion by late 2022. Photo: XUAN SON

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.

Prioritise investment resources for transport infrastructure development

Out of the more than VND7,880 billion worth of public investment capital as mentioned above, more than VND1,529 billion will be allocated to the development of 66 traffic projects. In particular, VND503 billion will be used to kick off the construction of large-scale Lien Chieu Port, one of the city’s key projects.

For new developments in 2022, there are 30 projects with a total capital of more than VND532 billion, including a road connecting from the Phan Lang No.2 residential area to Truong Chinh Street, the traffic infrastructure development project at the western end of the Tran Thi Ly Bridge, the Cau Do - Tuy Loan riverside road (Section km5 - km10) with a drainage system and the upgrading of DT 601 Route and Vo Duy Ninh Street.

Besides, a series of new traffic infrastructure projects are expected to take the shape within this year. Included are the Phase 2 of the city-first ever automated parking garage located at 255 Phan Chau Trinh, another one at 166 Hai Phong, the renovation of large Ngo Quyen and Ngu Hanh Son streets, the expanding streets surrounding the Phuoc My Market, the upgrading of Mai Dang Chon Street (Phase 1) and a section of To Hieu Street between its intersection with Ton Duc Thang and Phung Hung and Nguyen Nhu Hanh Street, the building of a section connecting Da Son Street with Nguyen Minh Thao Street, and another one linking Tran Thai Tong Street to Pham Ngoc Mau Street, the expansion of internal roads in Hoa Tien Commune, Hoa Vang District, the building of 45m routes from Le Huu Trac Street to Nguyen Van Thoai Street and from Ho Ngoc Lam Street to Truong Dinh Street

Other outstanding traffic infrastructure development projects set for 2022 also include the building of a street connecting Chau Thi Vinh Te Street with My Da Dong 8, the widening of a section of Luu Quy Ky Street to the south of Phan Dang Luu Street, a northern traffic route Le Trong Tan in an urban area to the west of Truong Chinh Street, the upgrading of  Luu Quang Vu Street, the building of internal roads in the Hoa Phat Residential Area 4.

With regard to the An Thuong tourist quarter in My An Ward, Ngu Hanh Son District, more public investment capital will be allocated for the construction of such streets as An Thuong 2, An Thuong 3,Ngo Thi Sy - Vo Nguyen Giap, Hoang Ke Viem - Vo Nguyen Giap, Tran Bach Dang and Le Quang Dao.

Additional investment capital will also be arranged for 13 transitional projects that was kicked off from previous years with a total capital of VND455 billion. Included were Western Ring Road, a section connecting National Highway 14B to Ho Chi Minh Road, the North-West Axis Route 1 ( a section stretching from the Hue T-junction overpass to the Da Nang Oncology Hospital and another one from Ho Tung Mau Street to Nguyen An Ninh Street), defense routes in Lien Chieu and Son Tra districts, a Hoa Phu - Hoa Ninh inter-commune road, traffic connection under the Khe Can Canal project, the expanding of Ngo Chan Luu Street, a frontage street running parallel a rail track from the Hoa Cam T-junction to THE Do (Red) Bridge, a road connecting Hoa Tho Tay Ward to Phong Bac residential area in Hoa Tho Dong Ward, inner-city traffic routes in Cam Le District, the expansion of Do Ngoc Du Road, the renovation of a inter-village route (Phu Son 2) in Hoa Khuong Commune, Hoa Vang District and a road connecting DH 2 Route to Hoa Nhon Commune, Hoa Vang District.

The Son Tra District Health Centre is one of the 13 healthcare projects receiving additional capital in 2022. Photo: TRIEU TUNG

High investment capital amount earmarked for healthcare, education, environmental protection projects

As for other industries and aspects, focus will be on developing 35 healthcare - population and family planning projects totalling VND760 billion, the same number of culture – information ones worth VND235 billion in total, 58 education - training ones with a sum of nearly VND500 billion 4 science - technology ones valued at VND132 billion in total, 9 technology - information ones worth VND207 billion, 16 water supply and drainage ones totalling VND311 billion, 17 environmental improvement ones worth VND822 billion. 

As for the trade sector, VND9 billion will be disbursed to the construction of Tan An Market in An Khe Ward, Thanh Khe District and the Hoa Phuoc Wholesale Market.

There will be 12 tourism projects with an investment capital of VND16 billion, 2 radio - television ones granted with VND7 billion for their development, 5 sports investment ones in totalling VND 39 billion, 15 ones in the social sector with an investment capital of VND 128 billion, 10 security, order and social safety protection ones with a sum of VND43.7 billion.

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.

Analysing development investment capital in 2022, Director of the Da Nang Institute for Socio-Economic Development Huynh Huy Hoa underlined a need to speed up disbursement progress to enhance the efficiency of investment capital sources.

Meanwhile, Director of the Department of Construction Phung Phu Phong said that his agency has actively released guidance on construction activities in the context of safe adaptation to and effective control of COVID-19. This is the basis for projects to ensure their construction progress and speed up the disbursement of investment capital.

Reporting by TRIEU TUNG- Translating by A.THU