Guidelines for the development of a Public Investment Plan for 2021-2025

Prime Minister Pham Minh Chinh has signed Directive No. 13/CT-TTg clarifying major guidelines for the development of a medium-term public investment plan for the 2021-2025 period. As investment demand for infrastructure, environmental protection, national disaster prevention and control, and climate change adaptation is high and urgent, he emphasizes it was necessary to develop and implement effectively the next five-year investment plan to further spur the nation’s production capacity and socio-economic development both in the medium- and long-term. Future investment capital shall be steered into key sectors, regions, and key national-level projects as well as urgent and important projects of localities in a bid to increase efficiency of public investment.

As a contribution to implement this guideline, the VN-SIPA project currently supports the Ministry of Planning (MPI) to develop a set of specific criteria integrated in the budget allocation approval for the private and public sector related to green growth and climate change in the medium-term investment period (2021-2025), with orientation for the development of medium-term investment planning for the 2026-2030 period.