Chairman of the Hue City People’s Committee in central Vietnam, Mr. Nguyen Khac Toan, has recently chaired a meeting to review the finalization of the city's Medium-term Public Investment Plan using the State budget for the 2026-2030 period, as well as the current status of public investment disbursement for 2026.
Public investment resources will be concentrated on key sectors, including transportation, urban development, economic and industrial zones, culture, tourism, healthcare, education, science and technology, agriculture, and the environment. Additionally, the city is committed to allocating resources to local communes and wards , with a focus on high-impact "driving-force" projects that expand development space and enhance regional competitiveness.
Regarding the scale of capital, the city leader reached a consensus on the proposed total investment for the medium term. However, he directed the Department of Finance to further analyze the correlation between total public investment, total social investment, and the 10% growth target. This includes clarifying the underlying data, assumptions, and calculation methods used in the proposal.
In terms of project prioritization, the city has established a clear hierarchy: transitional projects that must be completed within the period; driving-force projects capable of stimulating growth, expanding development space, and generating revenue; social welfare projects, including healthcare, education, environment, national defense, and security; and projects that have already completed all necessary investment procedures.
New projects or those with incomplete procedures must finalize their documentation by July 15. The Chairman emphasized that projects failing to demonstrate necessity, lack clear funding sources, show insufficient efficiency, or fail to meet progress requirements will not be included in the official capital allocation plan.
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