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Breakthrough of infrastructure development

Wednesday, 2019-01-09 16:40:37
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PTO- Mobilizing resources for investment in the construction of key socio-economic infrastructure is one of four breakthrough tasks of Phu Tho in term of 2015-2020. More than half of the journey, the achievement is very positive, contributing to promoting the socio-economic growth of the province.

In the field of transport infrastructure investment, so far, the province has implemented 14 projects with a total mobilized capital reached over VND3,700 billion, equaling 53.2% of the plan, including the state budget capital of VND719 billion, the private investment capital of over VND2,570 billion. Particularly, 3 intersections (IC7, IC9, IC11) connects Noi Bai - Lao Cai expressway with Viet Tri city, Phu Tho town, Ha Hoa district; Van Lang bridge connects Viet Tri city with Ba Vi district (Hanoi) and creates traffic routes connecting the Northwest provinces with Hanoi capital.

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Besides, many important traffic projects such as: Ho Chi Minh road project from national road No. 2 to Huong Non commune and upgrading and expanding national road No. 32 from Trung Ha bridge to Co Tiet commune; building a new My Lung bridge on national road No. 70B; adjusting the national road 32C - section through Viet Tri city, ... were completed and put into use, creating a link between the commodity production areas in the province and trading with other provinces, attracting investors and creating favorable conditions to meet the needs of local people and visitors.

Urban infrastructure has made progress. 15 projects have implemented with a total mobilized capital of VND2,698 billion, including the investment capital outside the State budget of VND 1,907 billion. Some important projects have created highlights for urban space - a significant change in the urban landscape of Viet Tri city such as Van Lang park; Hung Vuong square; Hung Vuong street, Tran Phu street, etc. The implementation of urban infrastructure projects has contributed to changing the appearance of urban areas in the cities, districts and towns .

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Along with infrastructure of transportation and urban, infrastructure projects of industrial zones and clusters, especially projects in infrastructure business investment were also focused to create clean land fund for investor attraction. In the past 3 years, the province implemented 17 infrastructure projects of industrial zones and clusters with a total mobilized capital of VND1,094 billion. Thereby, contributing to attracting 37 more domestic projects, 19 new FDI projects with a total registered capital of VND6.115 billion and USD126.7 million; 44 expansion projects with an increased investment capital of VND1,702 billion and USD207.6 million.

Regarding infrastructure of tourism, trade and services sector, so far, there were 8 key tourism infrastructure projects with a total mobilized capital of VND4,464 billion, equaling 57.1% of the plan, including private businesses investment of over VND3,368 billion, the State budget of VND1,096 billion. These projects have created positive changes in the direction of diversifying and modernizing typesvof services, especially in Viet Tri city, Phu Tho town and district centers.

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Thanks to diversifying forms of social investment and improving the efficiency of using investment resources, capital mobilization structure has changed dramatically. The investment capital of private enterprises accounted for more than 53.6% of over VND22,790 billion of mobilized capital since 2016. Some projects of socialized capital in the field of transportation, health - education such as: projects of provincial route No. 322 of Doan Hung district, provincial route No. 317D of Thanh Thuy district, provincial route No. 323 of Phu Ninh district, Hung Vuong high-quality school, Hung Vuong General Hospital in phase II; the Centre of Obstetrics and Pediatrics under the Phu Tho General Hospital, etc. goes into operation, playing an important part to improve the capacity of the sector and reduce the expenditure from the State budget.

In the period of 2019-2020, Phu Tho strives to mobilize over VND27.5 trillion to invest in key infrastructure projects, including the expected private capital of over VND20,000 billion. With the viewpoint of mobilizing and effectively using all resources, Phu Tho will arrange priority projects for timely investment resources to soon put them into effective exploitation and use.

In 2019 and the following years, the province coordinates with central ministries and branches, provinces of Tuyen Quang and Vinh Phuc to speed up the implementation of Tuyen Quang - Phu Tho expressway project and Vinh Phu bridge connecting Viet Tri city to Song Lo district (Vinh Phuc province), mobilizing resources to implement important transport projects, projects of infrastructure of urban, tourism, trade and services sector in Viet Tri city: Walking bridge over Van Lang lake; provincial art and culture house; walking street project, water music park in Tien Cat ward (Viet Tri city); projects invested by FLC Group and other infrastructure projects in 8 priority sectors.

Mr. Hoang Cong Thuy, Vice Chairman of Phú Thọ People's Committee

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