Hai Phong to allocate over 38.8 trillion VND in public investment for 2026

The 16th Hai Phong People’s Council approved a resolution on the city’s 2026 public investment plan at its 32nd session on December 10 afternoon.

Accordingly, the city is expected to manage more than 38.806 trillion VND in public investment in 2026, including nearly 2.015 trillion VND from Central funding and close to 36.792 trillion VND from the city budget.

The city People’s Committee was assigned to detail the 2026 public investment plan for the Central funding in accordance with the Prime Minister’s decision.

The city funding will be allocated based on priority order. First, land use fee revenue and expenditure account for 1.050 trillion VND. Targeted supplementary funding for communes and commune-level sources amount to more than 6.166 trillion VND. The city’s new-style rural building program for 2021–2025 is allocated more than 570 billion VND. Entrusted capital for the city’s Social Policy Bank to provide preferential loans totals 1 trillion VND.

Capital for site clearance and resettlement for the Lao Cai – Ha Noi – Hai Phong railway construction project (the section in Hai Phong) will receive nearly 3.804 trillion VND. Capital for completing, transitioning, starting, or preparing projects exceeds 22.362 trillion VND...

The Hai Phong People’s Council agreed to extend the capital disbursement period for projects whose implementation time has exceeded the allowable extension, applicable to projects allocating funding in 2026.

PHONG TUYET