According to the adjustment decision, the central budget allocated for the project is 1,600 billion VND, the local budget is 628 billion VND. Of which, in the 2023 - 2025 period, the central budget is 1,600 billion VND, the local budget is 18 billion VND; in the 2026 - 2028 period, the local budget is 610 billion VND. Other contents remain the same as Decision 815/QD-UBND dated June 12, 2024.
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| Construction of coastal road project in Phu Yen province, connecting Tuy An district and Tuy Hoa city (phase 1). Photo: Thanh Xuan |
The reason for adjusting the capital structure is that the central budget has allocated additional capital for the project. The adjustment of the investment capital structure is to suit the actual implementation situation of the project and to have a basis for implementing the next steps in accordance with regulations.
The Provincial People's Committee assigned the Management Board of Investment and Construction Projects in the Eastern Region of the Province to be responsible for reviewing and synthesizing reports to the Department of Finance to advise and propose to the Provincial People's Committee to balance and arrange project investment capital to ensure compliance with regulations and project implementation progress.
Previously, in Decision No. 815/QD-UBND dated June 12, 2024 of the Chairman of the People's Committee of the former Phu Yen province, the investment capital and planned capital arrangement according to the project implementation progress were 2,228 billion VND, of which the central budget was 800 billion VND and the local budget was 1,428 billion VND.
It is known that the project belongs to the level I road traffic project, with a total route length of about 14.6 km, roadbed width of 42 m, design speed of 60 km/h.
Source: https://baodaklak.vn/kinh-te/202508/dieu-chinh-co-cau-nguon-von-dau-tu-du-an-tuyen-duong-bo-ven-bien-phu-yen-3260eba/
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