Ninh Binh's development investment up 5.4 percent in eleven months

Of the figure, capital sourced from the State budget reached 2,389 trillion VND (103 million USD), up 59.4 percent. 

Credit capital and capital sourced from government bond issuances were 328.5 billion VND (14,1 million USD) and 802.6 billion VND (34,6 million USD), representing 2-fold and 88.5 pct increases over the same period last year, respectively. 

The amount of capital from the non-State sector hit 17,529 trillion VND (756 million USD), a year-on-year rise of 2.9 percent, while the inflow of foreign direct investment (FDI) saw a decrease of 33.9 percent to almost 1,464 trillion VND (63,1 million USD).

Some transport and infrastructure development projects have absorbed a large sum of investment in eleven months of 2020. They included project to build Cao Bo- Mai Son express way; and upgrade infrastructure in Me town (Gia Vien district); a project to build a road connecting Yen Nhan, Yen Tu, Yen Phong communes to Vac river's dyke (Yen Mo district) to serve rescue and relief operations for local people in the rainy and flood season; and a 12.5-billion-VND project to develop infrastructure in new residential areas in Gia Thinh and Gia Vuong communes of Gia Vien district; project of Kim Dai sluice gate in coastal district of Kim Son.

Translated by Nguyen Thuy