Speeding up the public investment disbursement 

10:27, 19/07/2022

On May 5, the Provincial People's Committee (PPC) held a conference to review the progress of implementation and public investment disbursement in 2022. Mr. Dang Ngoc Quynh, Member of the Standing Committee of the Provincial Party Committee, Permanent Deputy Chairman of the PPC chaired the conference. The conference saw Colonel Nguyen Chi Cong, Member of the Standing Committee of the Provincial Party Committee, Commander of the Provincial Military Command...

The whole scene of the conference


According to a report by the Department of Planning and Investment, the total public investment capital plan of the State budget in 2022, as of April 30, is nearly 9,000 billion VND, reaching 217% of the plan assigned by the Prime Minister. The Prime Minister allocated 4,142 billion VND; the provinces, districts, and communes allocated the capital plan with an additional VND 4,853.5 billion. Up to now, all levels in the province have basically implemented detailed capital plans for works and projects. The remaining capital is 334.7 billion VND, it is expected to be allocated to 18 works and projects after completing investment procedures and projects.

Regarding the implementation and disbursement of the investment capital plan from the State budget in the first 4 months of the year, the implementation and disbursement of capital for projects is still slow, especially the new construction projects in 2022. By April 30, nearly 1,330 billion VND has been disbursed, reaching 32% of the plan assigned by the Prime Minister. In which, the provincial capital for disbursement has reached over 10% of the plan; the capital managed and disbursed by district level reached 21.2% of the plan; the capital managed and disbursed by the commune level (from the source of land use levy), attained over 26%. The reason for the low progress in disbursement of public investment capital is that the preparation, appraisal and approval of projects starting in 2022 are still slow, and investment procedures have not been completed according to regulations. During the project implementation, the price of construction materials has increased, affecting the construction progress and capital disbursement... 

At the conference, leaders of departments, agencies and the People's Committees of districts, town and city reported on the project progress and the performance of the public investment disbursement plan managed by the unit. At the same time, focusing on discussing solutions to overcome difficulties and obstacles in the project implementation process such as: speeding up the approval of the land use plan; strengthen the coordination among departments, branches, localities and investors in site clearance work to perform key projects of the province...

Speaking at the conference's conclusion, Permanent Deputy Chairman of the PPC Dang Ngoc Quynh emphasized that: With the aim of effective public investment disbursement, besides of well managing and conducting the assigned projects, he needs all localities shall uphold a sense of responsibility, actively coordinate with relevant departments, branches and investors to remove difficulties and speed up the progress of provincial projects passing through their localities, especially the key projects. The Management boards and investors should actively perform their assigned tasks, report specific and timely difficulties and problems, and propose specific solutions to overcome each work and project for the province to direct and solve.

By Duc Toan 

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