The Department of Planning and Investment has just sent a report to the Ho Chi Minh City People's Committee on the results of public investment disbursement in the first months of the year. As of May 24, 2024, Ho Chi Minh City has disbursed VND 6,705 billion, reaching 8.5% of the capital disbursement plan of VND 79,263 billion for 2024.
There are still 193 projects facing difficulties in disbursing public investment in Ho Chi Minh City (Photo TL)
It is expected that by the end of the second quarter of 2024, the disbursement progress of public investment capital will reach VND 16,302 billion, equivalent to 20.6% of the set plan.
The causes of the delay in public investment disbursement as pointed out by the Department of Planning and Investment include: Difficulties in site clearance; Difficulties in environmental procedures; Difficulties in procedures for adjusting 1/2000 and 1/500 planning.
Reviewing projects in the city, there are 193 projects that are stuck and need to speed up procedures to disburse 28,571 billion VND. Including 55 projects stuck in land clearance issues, the total capital needed to disburse is 17,731 billion VND.
20 projects are stuck with environmental procedures, 41 projects are stuck with planning adjustment procedures.
The Department of Planning and Investment recommended that the City People's Committee assign specialized departments to focus on thoroughly handling 101 recommendations related to investment procedures under their authority raised by investors to promptly disburse public investment capital.
Source: https://www.congluan.vn/193-du-an-vuong-mac-giai-ngan-dau-tu-cong-tai-tp-hcm-post298647.html
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