Good news
According to the assessment, in the first 8 months of 2024, Dak Nong's economic situation continued to remain stable. Some industrial factories returned to operation.
The province's export turnover is on the rise. Prices of key agricultural products continue to increase. Revenue from tourism activities is higher than the same period last year.
The investment environment has improved, and businesses' confidence in the Dak Nong government has increased. Currently, many businesses operating in the field of mineral and bauxite mining have come to learn about and raise issues with the province. Although the investment policy has not been officially approved, the possibility of achieving it is very high. "There are 5 businesses submitting documents to the province, with a total investment capital of more than 8 million USD. The Department of Planning and Investment is speeding up the approval process for the investment policy. If favorable, this is considered a good sign to attract investment to the province," said Director of the Department of Planning and Investment Tran Dinh Ninh.
Another good news for Dak Nong is that the Gia Nghia (Dak Nong) - Chon Thanh (Binh Phuoc) Expressway Project has been approved by the National Assembly. Currently, the Prime Minister has directed the two provinces of Binh Phuoc and Dak Nong to coordinate closely.
From now until the end of 2024, strive to start construction on this expressway. If construction starts quickly, it will speed up capital disbursement and promote many other sectors to accelerate.
In the first 7 months of 2024, the total retail sales of goods and service revenue is estimated at 14,900 billion VND, up 8.2% over the same period last year. Export turnover reached 544 million USD, down 3.6% over the same period. Budget revenue was 1,690 billion VND, reaching 51.23% of the Provincial People's Council's estimate. The whole province has 65 newly registered enterprises, up 12% over the same period.
Blockages need to be cleared
Although the economic situation has positive signs, many important economic indicators of Dak Nong have not yet reached the set plan. It is expected that if there is no determination and drastic measures, by the end of 2024, Dak Nong will have 3/11 economic indicators that have not reached the set plan.
First of all, regarding the economic growth target (GRDP) in 2024, Dak Nong strives to reach 6.55%. However, according to calculations by relevant units, by the end of 2024, Dak Nong's GRDP will only reach 4.18%, 2.37% lower than the set plan.
Regarding the target of total social investment capital, there is also a risk of not being achieved. According to the plan, in 2024, the total social investment capital in the area will be over 20,000 billion VND. However, based on the current situation, by the end of 2024, the province will only implement about 19,030 billion VND, reaching 95% of the plan.
Another important target that is at risk of not being achieved is the total state budget revenue. By the end of July 2024, Dak Nong had only implemented 1,690 billion VND, reaching 51.23% of the provincial People's Council's estimate. At this rate, by the end of 2024, Dak Nong would only implement about 2,645 billion VND, reaching 86% of the estimate.
Regarding the budget revenue target, at the meeting of the Provincial People's Committee members held on July 30, 2024, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Ho Van Muoi emphasized that the budget revenue was not achieved partly due to subjective reasons. "Subjective reasons are because everyone is not really determined, not really focused. On this issue, the leaders of the Provincial People's Committee have given specific instructions to each department, branch, unit, and locality. If the budget revenue is not achieved, it will drag down many other areas," Chairman of the Provincial People's Committee Ho Van Muoi affirmed.
In addition, in the first months of the year, a number of key investment projects that have a great impact on the province's socio-economic development are facing difficulties and obstacles.
At present, these problems cannot be resolved completely. This is the reason for the slow progress of public investment disbursement in the area. Once public investment is slow, GRDP growth will be low.
In addition, many problems in mechanisms and policies exist when implementing large investment projects in the province such as aluminum electrolysis projects and wind power projects.
Not to mention, resources to resolve the situation of spontaneous migration and damage caused by natural disasters have been identified, reported for review and handling, but have not yet been completely resolved.
High concentration
In fact, economic activities are taking place, requiring Dak Nong to be truly determined and resolute in order to complete the set targets. In particular, departments, branches and localities must identify bottlenecks to focus on solving. Many areas need to be clearly identified to focus on solutions: budget collection, planning implementation, investment capital disbursement, etc.
Regarding budget collection solutions, Standing Vice Chairman of Dak Nong Provincial People's Committee Le Van Chien emphasized that, facing many difficulties, the province will implement a "belt-tightening" mechanism. Localities actively increase revenue and reduce expenditure.
Regarding planning, there are currently many obstacles. If the obstacles are not resolved and the planning progress is not accelerated, there will be many bottlenecks in many other areas.
“Departments, branches and localities report to the Provincial People's Committee on their plans and strategies for implementing their planning. Based on the general planning, any difficulties should be reported immediately to the Provincial People's Committee. Avoid the situation where any field is affected by the planning,” emphasized Chairman of the Dak Nong Provincial People's Committee Ho Van Muoi.
The Chairman of the Provincial People's Committee stated that the master plan has been in place for a long time, but implementation is still slow. If it is too difficult, the province is ready to invite experts to guide the implementation. Because, once the planning is stuck, it will be stuck in many other areas such as: attracting investment, land use, public asset auction, socio-economic development, etc.
Regarding the disbursement of public investment capital, leaders of departments, branches, and People's Committees of districts and cities have no choice but to be determined and resolute to the end. In cases where disbursement is not possible, the Department of Planning and Investment will flexibly advise on transferring other projects. As for national target programs, units will flexibly handle capital transfers.
According to the Department of Planning and Investment, in the last months of the year, Dak Nong focused on many solutions such as: promoting disbursement of public investment capital, implementing 3 national target programs; reviewing the implementation of non-budget investment projects that have been granted investment policies and are currently facing difficulties; stepping up guidance and support for investors in the process of implementing key projects.
Source: https://baodaknong.vn/dak-nong-no-luc-hoan-thanh-cac-chi-tieu-kinh-te-2024-228242.html
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