Gửi bình luận
On the afternoon of March 4, the Economic-Budget Committee of Quang Nam Provincial People's Council had a working session with the Provincial Development Investment Fund on the plan to arrange and perfect the organizational structure, decide on the initial charter capital and additional charter capital for the Land Development Fund according to the provisions of Decree No. 104/2024/ND-CP of the Government
The Land Development Fund was established by the Provincial People's Committee in Decision No. 4364/QD-UBND dated December 24, 2010, implementing the model of entrusting the Development Investment Fund to manage its operations. Since its establishment, the Fund has been assigned important tasks in investing in land fund development, supporting resettlement, and credit guarantees for small and medium enterprises.
From 2010 to December 31, 2024, the operating capital of the Land Development Fund reached nearly VND 484.3 billion, of which the annual budget supplemented VND 386.8 billion (an average of VND 27.6 billion/year), and additional capital from operating results was VND 97.5 billion (an average of self-supplemented VND 7 billion/year).
From its establishment to the end of 2024, the Fund has approved a capital provision plan for 75 projects in districts, towns, and cities, with a total investment of VND 1,213.288 billion. VND 759.7 billion has been disbursed, VND 543 billion has been recovered, and an additional VND 216.7 billion is expected to be recovered by the end of 2024. These results contribute to creating a clean land fund, supporting resettlement, and developing the local economy.
The Development Investment Fund proposed that the Provincial People's Committee submit to the Provincial People's Council a Resolution on the plan to arrange and perfect the organizational structure, decide on the initial charter capital level, the additional charter capital level, including continuing to operate under the model of entrusting the Development Investment Fund to manage, needing to be provided with a further 515.7 billion VND of capital shortage from 2026 to 2030.
Concluding the meeting, Mr. Nguyen Duc - Head of the Economic-Budget Committee of the Provincial People's Council, acknowledged and agreed with the report, proposals, and recommendations of the Development Investment Fund and said that the Committee will synthesize, carefully examine, and submit to the People's Council at the upcoming 30th session.
