In recent years, Ba Ria - Vung Tau province has focused on accelerating the disbursement of public investment capital, considering this an important political task in 2024 to promote socio-economic development. To achieve this goal, the Provincial People's Committee has implemented many specific and synchronous solutions, ensuring the highest progress and efficiency in the use of capital, thereby contributing to improving infrastructure and improving the quality of life of the people.
Positive results
In 2024, the Provincial People's Committee aims to disburse 100% of the public investment capital allocated from the beginning of the year and additional funds, if any. To achieve this goal, investors and relevant agencies have implemented a series of key projects, ensuring progress and quality of works. In the disbursement plans, the province requires investors to closely coordinate with management agencies and promptly remove difficulties arising during the implementation process.
Speeding up project construction is one of the tasks to ensure the progress of public investment disbursement in the province. (Photo: Phu Xuan)
In addition, the People's Committees of districts, towns and cities have proactively coordinated with investors to sign commitments on compensation and site clearance progress in 2024 for public investment projects. This ensures that the implementation of projects is not delayed due to problems in site clearance, contributing to the completion of the set goals.
According to a report by the Department of Planning and Investment of the province, in the first 9 months of 2024, the disbursement rate of public investment capital in Ba Ria - Vung Tau reached 78% of the annual plan, an increase of 15% over the same period in 2023.
This is a positive result, demonstrating the province's efforts in accelerating the progress of projects. To complete the target of disbursing 100% of capital by the end of the year, the authorities are stepping up to resolve difficulties, ensuring the progress of each project according to plan.
Promoting the progress of disbursement of public investment capital
The Provincial People's Committee has directed relevant agencies and investors to implement many synchronous solutions to achieve the goal of disbursing 100% of public investment capital. Project management agencies have strengthened supervision and inspection of construction progress of each project, ensuring that there are no delays. In site clearance, local authorities have proactively contacted and dialogued with people to ensure that the compensation process is transparent, fair and in compliance with regulations.
In addition, the province has requested units to speed up investment approval procedures and organize public and transparent bidding to avoid prolonging the time for legal procedures.
Another important measure is to strengthen coordination between departments, thereby helping units quickly resolve arising difficulties. In particular, the Department of Planning and Investment and the Department of Finance play a key role in approving capital plans and supervising the use of capital.
An important factor in accelerating the disbursement of public investment capital is to resolve problems related to legal procedures and site clearance. To meet this schedule, the province requires agencies and investors to sign commitments on compensation and site clearance progress and report progress regularly. In this way, projects can quickly start construction and be completed on schedule.
Thuy Van Street (Vung Tau City) will be renovated, giving it a new look. (Photo: Tra Ngan)
The Provincial People's Committee also requested investors to strengthen project management capacity, ensure project quality and construction progress. Administrative procedures were also simplified to speed up the disbursement process, while improving management and supervision efficiency.
Promoting the disbursement of public investment capital not only aims to complete infrastructure projects but also contributes to promoting economic growth and improving people's quality of life.
Projects on wastewater collection and treatment, road expansion and resettlement infrastructure development are important factors in improving urban quality, attracting investment and developing economic sectors, especially tourism.
In 2024, Ba Ria - Vung Tau province will not only focus on basic infrastructure projects but also invest in the fields of culture, education and health, aiming to build a modern city that meets the increasing needs of the people. This will not only contribute to beautifying the urban appearance but also create a better, healthier and more sustainable living environment for residents.
In general, with high determination and synchronous solutions from the Provincial People's Committee and investors, Ba Ria - Vung Tau is striving to complete the target of disbursing public investment capital in 2024. This will be an important premise for developing sustainable infrastructure, promoting comprehensive socio-economic development, thereby improving the quality of life and contributing to building a strong and modern Ba Ria - Vung Tau province.
Source: https://vtcnews.vn/ba-ria-vung-tau-day-nhanh-giai-ngan-von-dau-tu-cong-thuc-day-kinh-te-ar907037.html
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