Strengthening Regional Connectivity and Generating Developmental Impetus from Transport Infrastructure during the 2026–2030 Period

On May 27, Mr. Tran Duy Dong—Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, and Chairman of the Provincial People’s Committee—chaired a conference to hear the Department of Construction report on the draft Medium-Term Public Investment Plan for the transport sector during the 2026–2030 period. Attending the session were leaders from various provincial departments, boards, sectors, and regional Project Management Boards (PMBs).

Provincial People’s Committee Chairman Tran Duy Dong delivers his directive speech at the conference.

According to the report submitted by the Department of Construction, the total capital demand for the transport sector across the province during the 2026–2030 period is projected at approximately 77,496.28 billion VND. Breaking down the portfolio: capital allocated for transitional projects carried over from the 2021–2025 period stands at 10,445.631 billion VND, while the budget earmarked for newly commenced projects accounts for 67,050.649 billion VND. Geographically, the capital demand is highly concentrated within three key regions: Hoa Binh with 32,747 billion VND, Vinh Phuc with 27,155 billion VND, and Phu Tho with 7,147 billion VND.

However, pursuant to Document No. 5509/UBND-KT12 dated April 6, 2026, issued by the Provincial People’s Committee regarding the tentative resource allocation scheme, the total medium-term public investment capital pool for the 2026–2030 period currently earmarked for the transport sector hovers around 10,481.46 billion VND. Given that capital demand exponentially exceeds real-world balancing capacities, the Department of Construction proposed prioritizing full funding to wrap up transitional projects. The remaining capital reserves will be heavily focused on landmark, key transport works that bear robust regional and inter-provincial connectivity to ignite socio-economic development engines.

During the floor debate, delegates intensively analyzed and clarified the underlying principles, criteria, and sequence of priority to formulate the investment catalog. Numerous candid opinions underscored that the construction of this plan must undergo highly rigorous screening, ensuring absolute compatibility with the Provincial Master Plan for the 2021–2030 period, with a vision toward 2050.

Director of the Department of Construction Nguyen Xuan Quang presents the draft Medium-Term Public Investment Plan.

Delegates placed heavy emphasis on upgrading the efficiency of transport infrastructure in tandem with unlocking local comparative advantages following the rearrangement and merger of administrative units. Concurrently, the conference dedicated substantial time to debating and clarifying the urgency and execution roadmap of each specific project, expressing an iron determination to eliminate scattered, fragmented investments, thereby guaranteeing that every single public investment Dong yields the highest possible returns.

Concluding the conference, Chairman Tran Duy Dong reaffirmed that transport infrastructure holds an exceptionally vital position, serving as the “master key” to unlock developmental headroom and strengthen regional connectivity. This, in turn, generates a sharp competitive edge to attract investment inflows and vigorously drive the province’s socio-economic growth in the new era.

The panoramic view of the conference.

The Chairman of the Provincial People’s Committee requested the Department of Construction to fully absorb all feedback raised at the conference, while continuously partnering with departments, sectors, and local authorities to rigorously review the feasibility and planning compatibility of individual projects. The investment catalog must clearly delineate the order of priority: first and foremost, allocating sufficient funding for transitional projects to rapidly put them into commercial operation; followed by arterial routes that establish inter-regional and inter-provincial connectivity, linking core economic hubs, industrial parks, tourism zones, and disadvantaged regions. He tasked the Department of Finance with urgently reviewing and balancing resources to advise on appropriate financial schemes, ensuring the long-term sustainability of the investment capital source.

He tasked the Department of Finance with urgently reviewing and balancing resources to advise on appropriate financial schemes, ensuring the long-term sustainability of the investment capital source. Concurrently, the Department of Construction is directed to soon finalize the dossiers and submission papers to present to the Provincial People’s Committee for consideration and ruling in strict compliance with statutory laws.

Dinh Vu