Hai Duong to launch eight more projects worth over VND 2.4 trillion in public investment
WVR - According to the Hai Duong Provincial Department of Finance, in May, the province is expected to complete and put into operation eight additional projects funded by over VND 2.4 trillion (approx. USD 94 million) from public investment sources.
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| Hai Duong to launch eight more projects worth over VND 2.4 trillion in public investment. (Photo: Hai Duong Newspaper) |
One of the key projects is the renovation and upgrading of Provincial Road 390, spanning 5.084 kilometers from Hop Thanh Bridge (Thanh Ha District) to Quang Thanh Bridge (connecting to An Lao District), with a total investment of VND 412.189 billion. This project aims to enhance connectivity, ensure traffic safety, and meet the increasing transportation demand between National Highway 5 in Hai Duong and National Highway 10 in Hai Phong City.
Once Quang Thanh Bridge and the connecting road to Provincial Road 390 are completed—together with the interchange between the Hanoi–Hai Phong Expressway and Provincial Road 390 in Thanh Ha District—the improved infrastructure will significantly enhance transportation links between Thanh Ha District and An Lao District, and with Hai Phong City as a whole.
Following the road upgrade projects, Hai Duong Province is also implementing a number of other major public investment initiatives, such as: The Upgrading and Expansion of Provincial Road 391, stretching from Hai Duong City to the East–West Axis Road of the province, with a total investment of VND 1,392.67 billion. Phase II of Hai Duong Obstetrics and Gynecology Hospital construction, with an allocation of nearly VND 223 billion. Renovation of Vo Nguyen Giap Avenue and Truong Chinh Street, with a total funding of nearly VND 89 billion.
Additionally, four public investment projects in the water resources sector are underway: Renovation and repair of three pumping stations Van Thang (Chi Linh City), Chu Dau, and Ngoc Tri (Nam Sach District), with a combined investment of over VND 156 billion. Upgrade of provincial dyke systems for the 2021–2025 period, with a total investment of VND 139.4 billion. All projects are managed by the Hai Duong Provincial Project Management Board for Construction Investment.
Hai Duong currently ranks above the national average in public investment disbursement. As of now, the province’s disbursement rate for its 2025 state budget investment plan stands at 26.77% of the total capital allocated by the Prime Minister, placing 12th among all provinces and cities nationwide.
Immediately after the online conference on boosting public investment growth in 2025 with the Government on May 20, Mr. Le Ngoc Chau, Chairman of the Hai Duong Provincial People’s Committee, emphasized several key tasks related to the province’s public investment disbursement.
Although Hai Duong has achieved a disbursement rate higher than the national average, it still falls short of the province’s planned target. Therefore, it is necessary to take more decisive actions and implement critical tasks to accelerate public investment progress. This includes improving investment preparation and completing site clearance by July 1. At the same time, there should be strong follow-up on ongoing projects, an evaluation of contractor capacity, and efforts to speed up implementation.
For localities with the slowest public investment disbursement rates in the province, it is essential to promptly report and propose solutions to difficulties so that the provincial task force can work directly, provide targeted guidance, and resolve specific bottlenecks, avoiding vague or general responses.
(Source: Hai Duong)
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