Investment capital from the State budget in February was estimated at 17.7 trillion VND, decreasing by 3.1% over the same period last year. Generally, in the first 2 months of this year, realized investment capital from the state budget reached 40.9 trillion VND, equaling 9% of the year plan and up 10.6% against the same period last year (the same period last year 2020 equals 7.2% and increases by 17.9%), including the capital under central management was 5.6 trillion VND, equaling 7.2% of the yearly plan and increasing 13.6% against the same period last year; the capital under local management reached 35.3 trillion VND, equaling 9.4% of the yearly plan and climbing up 10.1% over the same period in 2020.

In the first months of 2021, the investment capital from the State budget of Hanoi always took the lead in the country. Estimated investment capital from the State budget under local management in February of Hanoi reached 2.1 trillion VND, down 1.3% over the same period in 2020 and equaling 65% of the previous month. Generally in the first 2 months of 2021, the investment capital from the State budget reached 5.3 trillion VND, up 22.1% over the same period last year and reaching 10.4% of the capital plan in 2021, equal 5 times that of Ho Chi Minh City. Of which, the State budget capital at the city level was 2,990 billion VND, increased 21.4% over the same period last year and reached 12.7% of the year plan; State budget capital at district level implemented 1,998 billion VND, increased 22.7% and reached 8%; The State budget capital at commune and ward levels is 277 billion VND, up 25.5% and 12.3%, mainly to be used for the projects and projects that are transitioned from 2020.

Investment form State budget in some provinces in first 2 months of 2021

Unit: Billion VND

Some key projects in the capital:

Hanoi urban railway project (section Nhon – Hanoi Railway Station), 12.5 km in length, including 8.5 km overhead and 4 km underground with a total investment of 32.9 trillion VND . According to the plan, Nhon – Hanoi Railway Station will commercially operate the overhead section by the end of 2021, the underground section by the end of 2022. When put into operation, the project is expected to contribute to minimizing Traffic congestion, environmental pollution and improving the quality of life for the people of the Capital.

Yen Xa waste water treatment project was started construction from the beginning of January 2019, with a capacity of 270 thousand m3/day with a total investment of more than 16 trillion VND. Although the construction activities were facing many difficulties due to the effects of the Covid-19 epidemic, the contractor was still trying to ensure the isolation and prevention of epidemics as well as completing the workload according to schedule project.

Ring road 1 construction project, Hoang Cau – Voi Phuc, Hanoi phase 1, under Group A project with a total investment of 7211 billion VND, estimated implementation in February 2021 was 8.8 billion VND, estimated at implementation in 02 months of 2021 reached 18.8 billion VND.

Project of building Le Van Luong tunnel – Belt 3, under group B project, with a total investment of about 698.2 billion VND, estimated implementation in February 2021 was 8.6 billion VND, estimated implementation in 02 months of 2021 to 18.3 billion VND.