Lawmakers debate five-year public investment plan

Legislators discussed in groups the medium-term public investment plan in the 2021-2025 period as part of the first session of the 15th National Assembly on July 24 morning.
Lawmakers debate five-year public investment plan ảnh 1Legislators discussed in groups the medium-term public investment plan in the 2021-2025 period (Photo: VNA)
Hanoi (VNA) – Legislators discussed in groups the medium-term publicinvestment plan in the 2021-2025 period as part of the firstsession of the 15th National Assembly on July 24 morning.

Earlier, Minister of Planning and Investment Nguyen ChiDung presented a proposal on the medium-term public investment plan in the 2021-2025 period.
Lawmakers debate five-year public investment plan ảnh 2Minister of Planning and Investment Nguyen Chi Dung presents a proposal on the medium-term public investment plan in the 2021-2025 period. (Photo: VNA)
He said it is necessary to make the investment synchronously, focusing onprioritised sectors, areas playing a motivation role in economic development,poor areas and areas affected by natural disasters and pandemics.

Dung said that the ministry will continue to completemechanisms, policies and legal regulations related to public investment, whilereviewing investment projects to eliminate ineffective ones.

Chairman of the NA Budget - Finance Committee Nguyen Phu Cuongsaid that the public investment in the 2021-2025 period expected to rise 1.43 times compared to that in the2016-2020 period is a positive sign.

The committee agreed on the allocation of about 104.53trillion VND for national major projects, he said.

In group discussions, the majority of deputies held that amid complicateddevelopments of the COVID-19 pandemic, the budget and finance allocation has beenconducted effectively, contributing to boosting socio-economic development andensuring defence-security.

Lawmakers debate five-year public investment plan ảnh 3An overview of the NA session on July 24 (Photo: VNA)

However, Lai Xuan Mon, a representative of northern Cao Bang province pointedout that there are still shortcomings in the work. He stressed the need to makeinvestment basing on the real situation in each region, with priority given toinfrastructure and transport projects, which will help create sustainableincomes for localities.

Deputy Tran Hoang Ngan from Ho Chi Minh City pointed to the need to focuson improving the efficiency of site clearance for projects by strengthencommunications and information supply to reach public consensus, whileadjusting the bidding procedures and increasing supervision over the disbursement ofpublic investment.

Agreeing with Ngan, deputy Nguyen Van Huy of Thai Binh province held that theGovernment should roll out more effective measures to remove obstacles indisbursement, including those from dispensation, resettlement and site clearance.

He stressed the need to deal with the overlapping in landuse planning and planning schemes of construction and sectors./.

VNA

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