Ha Noi approves 26 public investment projects

A resolution on the approval was adopted at the recent 17th session of the 16th-tenure council on June 4.

Under the resolution, 22 projects have their investment policy approved, three have their investment policies adjusted and one is stopped.

During the session, the council considered and passed 17 reports and 22 resolutions, which dealt with many important issues including orientations, mechanisms and measures to speed up socio-economic development and ensure social security.

A project to improve capacity and safety in fire prevention, fighting and rescue as well as activities to mark the 70th anniversary of the capital's Liberation Day were also among them.

In 2024, the city has 226 public investment projects on basic construction, consisting of 155 projects launched in previous years and invested with VND 205.5 trillion in total (including VND24.4 trillion planned to be disbursed this year), and 71 new projects worth VND7.2 trillion (including VND 1.1 trillion to be disbursed this year). Among them, there are 58 transport projects, accounting for 19.5 percent of the capital plan.

Key projects in the city are being accelerated so as to be completed on schedule. 

It elaborated that the Belt Road No. 4 project in the Capital Region, invested with about VND12.6 trillion so far, has had 9.6 percent of its workload done. Invested with over VND7.2 trillion from the city's budget, the Hoang Cau - Voi Phuc section of the Belt Road No. 1 project (Phase 1) has had 32.4% of its investment capital disbursed.

The project on upgrading the Ba La - Xuan Mai section of National Highway 6, with investment totaling VND8.1 trillion funded by the city's budget, has seen 7.5 percent of its capital plan allocated.

The city has also disbursed about 7.3 percent of the VND5.2 trillion in total investment for a project that builds a road connecting Thang Long Avenue with Ha Noi - Hoa Binh Expressway./.