Ba Ria - Vung Tau: Disbursement of public investment capital in the first 3 months of the year reached 2,400 billion VND

Intersection of DT 994 Road project and National Highway 51 in Vung Tau City

According to a report from the Department of Finance of Ba Ria - Vung Tau province, by the end of March 27, 2025, the province had disbursed nearly VND 2,400 billion in public investment capital, equivalent to 9.12% of the assigned plan. This rate is still lower than the same period last year.

While some localities have achieved positive disbursement results such as the People's Committees of Chau Duc, Xuyen Moc, Long Dat districts and Ba Ria City, many other units still face difficulties. Notably, units with disbursement rates lower than the provincial average include the People's Committees of Phu My and Vung Tau cities, the Project Management Board of Transport and Civil Sector, the Regional Transport and Agricultural Sector Project Management Board, the Provincial Police, the Department of Health and the Management Board of Binh Chau - Phuoc Buu Nature Reserve.

Many key projects need to extend the capital allocation time, posing urgent requirements for solutions to remove obstacles to ensure implementation progress.

Notably, among the 42 projects whose capital allocation period was extended by the Provincial People's Council until the end of 2025 with a total capital of about VND 3,100 billion, the disbursement rate has only reached 4.67%. This poses an urgent need to strengthen measures to remove difficulties to ensure the progress and quality of key projects.

In response to the above results, Chairman of the People's Committee of Ba Ria - Vung Tau province Nguyen Van Tho requested investors, departments, branches and localities to focus on resolving difficulties in the implementation process, especially site clearance. This is a key factor determining the progress of the project. The Chairman of the People's Committee emphasized the need to make detailed plans and apply Gantt charts to monitor the progress of each project, ensuring no delays occur.

In addition, units and investors are required to promptly complete payment records for completed work volumes, ensuring full compliance with legal regulations. This is to enhance transparency and efficiency in public investment capital management, contributing to promoting socio-economic development of the province.

Currently, Ba Ria - Vung Tau province aims to speed up the disbursement of public investment capital in the coming months, thereby creating momentum for sustainable development and improving the efficiency of works and projects in the area.

Ngoc Quyen

Source: https://daibieunhandan.vn/ba-ria-vung-tau-giai-ngan-von-dau-tu-cong-3-thang-dau-nam-dat-2400-ty-dong-post408915.html