Thanh Hoa focuses on infrastructure to boost economy
The north central province strives to disburse 100% of the public investment capital allocated by the Government by December 31.
Thanh Hoa province is prioritizing public investment in infrastructure to drive economic growth, focusing on six key economic corridors and four dynamic economic centers within its medium-term public investment plan.
Accordingly, the economic corridors include the coastal economic corridor, North-South economic corridor, central economic corridor, international economic corridor, Ho Chi Minh Road economic corridor, and Northeast economic corridor.
The four dynamic economic centers are Southern dynamic center - Nghi Son economic zone, Thanh Hoa City - Sam Son dynamic center, Western dynamic center - Lam Son - Sao Vang, Northern dynamic center - Bim Son - Thach Thanh.
Other public investment projects include inter-provincial and inter-regional roads connecting economic centers, economic zones, industrial zones, and industrial clusters.
The north central province also prioritizes public investments for transportation, agriculture, and rural development projects, particularly in mountainous areas, areas with ethnic minorities, and areas frequently affected by natural disasters (storms, floods, climate change...), and facing challenging socioeconomic conditions.
As of October 28, 2024, the province has disbursed over VND9.3 trillion (nearly $367 million) of public investment capital, achieving 65.9% of the annual plan and exceeding the same period last year by 10.8%.
The Chairman of the provincial People's Committee has recently launched a 60-day campaign to accelerate the disbursement of public investment capital in 2024.
The goal is to achieve 100% disbursement of the capital allocated by the Government by December 31, 2024.
