Proactive implementation
According to the Director of the Department of Planning and Investment - Truong Van Liep, since the beginning of 2024, public investment has been focused on implementation with great determination and efforts of the Provincial Party Committee, close supervision and responsibility of the Long An Provincial People's Council, drastic implementation by the Provincial People's Committee with departments, branches, sectors, investors from the stage of project establishment, compensation and resettlement, land recovery as well as the selection of capable construction contractors.
At the same time, the province regularly conducts field surveys, organizes meetings to promptly resolve difficulties and problems for investors.
Can Giuoc District focuses on solutions to promote public investment and disbursement of capital according to the 2024 plan (Photo: Dong Thanh Primary School project is on schedule)
Chairman of Can Giuoc District People's Committee - Nguyen Anh Duc said: Determining that public investment and disbursement of capital play a very important role in the socio-economic development of the district, this task is always resolutely implemented by the leaders. Up to now, the project progress as well as the disbursement of local capital have met the set plan. The district has also focused on all measures to ensure the completion of this work according to the 2024 plan.
According to the Director of the Management Board of Investment and Construction of Civil and Industrial Works - Tran Ba Phuoc, in 2024, the unit was allocated more than 351 billion VND to implement the projects.
The disbursement rate of the unit is still low compared to the set requirements. The unit is focusing on reviewing, regularly inspecting, urging, and removing obstacles to speed up the implementation progress and disbursement of capital, ensuring that all capital sources are disbursed according to the plan in 2024.
Strive to achieve 100% of the plan
Mr. Truong Van Liep said: With a determined spirit, by September 25, 2024, the province's public investment capital disbursement was 6,611 billion VND, reaching 65.1% of the capital plan. Of which, the district-managed disbursed capital reached 72.9% of the plan and the province-managed disbursed capital reached 62.9% of the plan.
According to the report of the Ministry of Finance, it is estimated that by the end of September 2024, the disbursement of the whole country will reach 42.96% of the plan; of which, the province's disbursement rate will rank 1/63 provinces and cities and 5/107 investors nationwide.
According to the report of the Ministry of Finance, it is estimated that by the end of September 2024, the disbursement rate of the whole country will reach 42.96% of the plan; in which, the disbursement rate of Long An province will rank 1/63 provinces and cities and 5/107 investors nationwide (Photo: The project of Provincial Traditional Medicine Hospital is being focused on implementation, ensuring progress as well as disbursement of capital)
The disbursement rate of the province is high compared to the national average, however, compared to the same period in 2023, it is still lower, with the same period disbursement of 68.3% of the plan.
The reason is that there are still some difficulties and problems in the implementation process: The Decree guiding the Law on Bidding takes effect at the end of February 2024, so in the first months of the year, investors have to spend time carrying out bidding for new packages and new projects; Site clearance work in some projects is still slow, affecting the construction progress and disbursement. In the remaining months of 2024, continuing to implement the direction of the Prime Minister and the Provincial Party Committee, with the highest determination, striving to disburse 100% of the plan, the Provincial People's Committee has proposed some key solutions. In particular, Long An continues to check the progress of key projects such as Ho Chi Minh City Ring Road 3, Provincial Road 823D, Provincial Road 830E, embankment projects, etc to promptly grasp the problems and immediately resolve them for investors. The province reviews and promptly adjusts low-disbursement projects to well-implemented, high-disbursement projects that need additional capital. Investors and localities continue to coordinate closely, focusing on solving bottlenecks in site clearance to promptly hand over to construction units. In addition, the province directs investors and construction units to speed up the progress of projects, and immediately carry out disbursement procedures when the volume meets the conditions.
“In the context of limited state budget resources and large investment requirements, to increase competitiveness, "taking public investment to lead private investment" is one of the effective solutions implemented by Long An province to mobilize maximum resources for infrastructure development investment in a modern and synchronous direction, thereby stimulating attracting investment resources from other economic sectors in a variety of fields, including attracting foreign direct investment (FDI)” - Mr. Truong Van Liep emphasized./.
Reported by Chau Son
Translated by NT
