Ninh Binh reallocates nearly 1.95 trillion VND in public investment for strategic infrastructure

Adopted at the council's third session, Resolution No. 46/NQ-HĐND marks the first adjustment to the 2026 public investment plan. The move is intended to concentrate financial resources on strategic infrastructure, newly launched projects, investment preparation activities and ongoing projects requiring accelerated implementation.

Under the resolution, the province will reallocate almost 1.95 trillion VND from previously unallocated budget funds to finance urgent priorities and key development projects.

A major focus of the adjustment is investment in strategic transport infrastructure. In line with the Government's directive on cutting 5% of development investment expenditure from local budgets, Ninh Binh has saved over 1.62 trillion VND, with the entire amount earmarked for the Lao Cai Hanoi Hai Phong railway project.

The railway is regarded as a nationally significant transport project that is expected to strengthen regional connectivity, expand development opportunities and enhance transport and logistics capacity across northern Vietnam.

In addition, more than 325.7 billionVND has been allocated to 21 provincial-level projects managed by local agencies.

Nearly 298 billion VND will be provided to Construction Investment Project Management Unit No. 2 to implement 16 projects, including completed works undergoing final settlement as well as projects currently under construction. These include the Day River bridge, the Ninh Binh Hai Phong Expressway and several other major infrastructure developments.

Construction Investment Project Management Unit No. 3 will receive more than 23.6 billion VND to implement projects aimed at preventing erosion along the right bank of the Day River and upgrading the Bac Nam Ha and Xuan Thuy irrigation systems, helping improve disaster resilience and support agricultural production.

The province also continues to invest in tourism and the marine economy. The Department of Tourism has been allocated more than 1 billion VND for dredging waterways along the Bich Dong Hang But and Thach Bich Thung Nang routes to improve transport infrastructure serving visitors.

Meanwhile, the Department of Agriculture and Environment will receive more than 3 billion VND to develop the Ninh Co estuary storm shelter anchorage for fishing vessels, strengthening disaster preparedness and improving safety for fishermen.

Following the adjustment, Ninh Binh will retain more than 7.32 trillion VND in unallocated investment capital. The remaining funds will be considered for future allocation to new projects and urgent ongoing works in line with the province's socio-economic development priorities.

The revised 2026 public investment plan underscores Ninh Binh's commitment to improving the efficiency of public spending by prioritising strategic infrastructure projects that enhance regional connectivity, stimulate economic growth and support the province's long-term ambition of becoming a new growth pole in the Red River Delta.

The Provincial People's Council assigned the Provincial People's Committee to take full responsibility for the accuracy of the reported figures and ensure the resolution is implemented in accordance with prevailing regulations while maximising the effectiveness of public investment resources./.