In 2024, fully aware of the importance of implementing the public investment plan to promote socio-economic growth and development, the People's Committee of Quang Tri province promptly allocated the capital plan right after being assigned by the Prime Minister and the Provincial People's Council.
Focused on directing synchronous solutions to accelerate site clearance and project construction progress, strengthened discipline, clearly assigned responsibilities among agencies, localities and units, assigned leaders of the Provincial People's Committee to directly direct, urge and supervise the implementation and disbursement progress. Regularly organized meetings, field inspections and issued directive documents to promptly remove obstacles, and enhance the responsibility of leaders in implementation work.
Illustration - Photo: ST
In addition, the Provincial People's Committee assigned the Department of Planning and Investment to announce the monthly disbursement rate and the Department of Home Affairs to make the disbursement rate a criterion for evaluating work efficiency to enhance responsibility and efficiency in management and implementation of public investment plans. As a result, as of January 31, 2025, the disbursement rate of the province's 2024 public investment plan reached 93.5% of the plan assigned at the beginning of the year, much higher than the same period in 2023 (77.2%).
Despite achieving remarkable results, the implementation of the 2024 public investment plan still has many shortcomings and limitations due to both objective and subjective reasons. The Provincial People's Committee has allocated detailed capital plans since the beginning of the year, but the slow issuance of decrees and documents guiding the 2023 Bidding Law, which will take effect from January 1, 2024, has caused many difficulties in approving and organizing contractor selection, greatly affecting the project implementation progress.
Regarding foreign capital, the 2024 capital plan assigned to the province by the Prime Minister is at a very low level (18.32 billion VND), while some ODA projects in 2023 are not allowed to extend the implementation and disbursement period to 2024. The Provincial People's Committee has proposed to add 209.92 billion VND, but by November 1, 2024, the Central Government has only approved 114.402 billion VND, meeting only 54.5% of the demand, affecting the implementation progress as well as the province's ability to disburse counterpart capital.
Furthermore, ODA projects also face difficulties in complying with both domestic procedures and donor requirements, while these two systems are not yet consistent, leading to prolonged completion of investment procedures. Some ODA projects need to adjust investment policies and extend agreements, but appraisal procedures from central ministries and branches are delayed, affecting implementation progress.
For national target programs, most projects are small-scale infrastructure investment projects, which are only accepted upon completion, so disbursement is delayed until the end of the period. In addition, implementation instructions from central ministries and branches are slow, and the content sometimes overlaps, causing difficulties in implementation.
Specifically, in the Socio-Economic Development Program for Ethnic Minorities and Mountainous Areas, Project 1 is slow to be implemented, Project 2 takes a long time to complete procedures, Sub-Project 1 of Project 3 does not have a basis for consulting on budget allocation, Sub-Project 2 of Project 3 is difficult to implement due to regulations that are not suitable to reality, Sub-Project 1 of Project 9 is suspended under the direction of the Ethnic Committee. The Sustainable Poverty Reduction Program is facing difficulties due to inconsistent regulations on vocational training subjects, while the New Rural Development Program sets many criteria that are difficult to implement, requiring large resources and time.
Investment preparation work still has many limitations, and the situation of “capital waiting for the project to complete procedures” still occurs. The process of document appraisal, from construction drawing design, environmental impact assessment, fire prevention and fighting to project appraisal, is prolonged, affecting the progress of implementation and disbursement.
When setting up the project, issues related to forest land and rice fields were not carefully assessed, leading to difficulties in implementation. Meanwhile, procedures for converting land use and forest use purposes are complicated and must be submitted to many levels, causing time delays. Some projects have had to adjust capital due to incomplete investment procedures, or slow disbursement due to design and budget adjustments.
In addition, compensation and site clearance work has encountered many difficulties due to complicated determination of land origin and land prices; slow approval of resettlement policy framework; people have not agreed with compensation and resettlement plans, directly affecting project progress, especially ODA projects and key projects with large capital. Determining prices of construction materials, supplies and equipment has also encountered obstacles because many types are not included in the price announcement, forcing investors to hire consulting units to prepare price certificates. However, the number of qualified consulting units is small, while many units are afraid of legal responsibility, leading to delays in price appraisal and budget approval.
In addition, some contractors have limited financial and management capacity and have not focused on human and material resources for construction, affecting disbursement progress. Some projects are behind schedule due to technical characteristics that require long processing times, phased acceptance and payment, or can only be implemented at the end of the year due to seasonality. These limitations have a major impact on the efficiency of public investment and require drastic solutions to overcome them in the coming time.
From the results of implementing the 2024 public investment plan, the following lessons can be drawn: In public investment, direction and operation must be carried out in a unified, drastic and effective manner from the central to the grassroots levels, with the comprehensive mobilization of the political system and promoting the key role of the leader in leadership, direction and implementation. Investment preparation and project implementation must be carried out thoroughly to improve project readiness and overcome the situation of capital waiting for procedures.
Strengthen inspection and supervision to promptly handle arising problems and difficulties. Units directly implementing the plan must proactively review and accurately report problems so that management agencies can develop policies and solutions that are appropriate to reality. In addition, close coordination with central ministries and branches is a key factor in promptly handling difficulties and problems beyond the authority of localities, ensuring the overall success of the public investment plan.
In the context that the Party and Government are determined to achieve an economic growth rate of 8% or more in 2025, public investment not only contributes to promoting growth and creating jobs but also serves as a "seed capital" to lead and attract social capital. To achieve the growth target, the disbursement of public investment capital in 2025 must reach over 95%.
Therefore, in leadership and direction, it is necessary to strengthen decentralization, assign specific responsibilities to each unit along with strict supervision, inspection and evaluation, and at the same time, timely rewards and discipline are implemented to ensure progress, associated with preventing loss and waste in disbursement. Project investment preparation needs to be improved in quality from planning, bidding, selecting contractors with capacity to implement according to progress to forecasting risks and promptly removing obstacles, especially issues related to compensation, site clearance and conversion of land use and forest use.
Investors need to monitor, urge and carefully review the project implementation status, classify works and projects according to each group of difficulties and problems regarding construction procedures, bidding, land, construction materials, site clearance, etc. to both assign specific advisory agencies to handle, associated with the responsibility of the head; and propose specific handling measures or report to the Provincial People's Committee for direction and resolution if beyond authority.
The public investment management advisory agency and investors promptly propose to transfer capital from slow-disbursing projects to projects with the potential for fast disbursement. Investors must develop detailed disbursement plans by month and quarter and assign leaders to be responsible for weekly monitoring and supervision to help speed up implementation progress, ensuring that acceptance and payment procedures are carried out as soon as there is a workload.
At the same time, it is necessary to focus on promoting site clearance with sufficient funding, promptly removing obstacles, flexibly applying policies and regimes, and strengthening land management to ensure a clean site for the project. In addition, the management of construction materials from the exploration, planning to exploitation and use stages needs to be strictly controlled through the full publication of norms, unit prices, construction price indexes and price and quality control measures, contributing to improving construction efficiency and investment cost management.
Finally, it is necessary to continue to synchronously deploy items in the 2021-2025 medium-term public investment plan, integrate resources from socio-economic development programs for ethnic minority and mountainous areas and sustainable poverty reduction, thereby promoting new rural construction, narrowing regional gaps; at the same time, reform administrative procedures, apply information technology and strictly implement the periodic and ad hoc reporting regime to improve transparency, promptly resolve existing problems and difficulties in the public investment process.
Le Van Uy
Source: https://baoquangtri.vn/day-manh-giai-ngan-nguon-von-dau-tu-cong-bai-hoc-tu-nam-2024-hanh-dong-quyet-liet-cho-nam-2025-192021.htm
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