Speed up progress in the last months of the year

The disbursement results of the 2023 public investment plan in Binh Thuan so far have generally achieved an impressive rate, so in the last months of the year, we will focus on speeding up the progress...

The province's total public investment capital plan this year is nearly 4,840 billion VND and has currently allocated more than 4,360 billion VND, reaching about 90% of the assigned plan (the remaining capital that has not been allocated in detail is nearly 480 billion VND). As of mid-September 2023, the whole province has disbursed more than 2,190 billion VND, reaching 45.26% of the capital plan assigned by the Prime Minister and reaching 50.23% of the detailed allocated capital plan.

The progress of public investment disbursement will be focused on accelerating in the last months of the year. Photo for illustration purposes only.

In which, with the provincial budget capital, including: Domestic capital for basic construction (plan of over 513 billion VND) currently disbursed at 26.41%, capital from land use revenue of the provincial block (plan of 550 billion VND) disbursed at 41.94% and capital from land use revenue of the district block (plan of 450 billion VND) disbursed at 88.28%, especially lottery capital (plan of 1,500 billion VND) disbursed at 43.67%. At the same time, the disbursement of the central budget capital for targeted support (plan of 1,316.1 billion VND) as of mid-September 2023 reached 53.68%, the remaining capital sources: National target programs, Socio-economic recovery and development programs, foreign capital (ODA), investment capital from local budget deficit disbursed at a relatively low rate.

Through monitoring the situation, the Department of Planning and Investment said that up to now, 8 investors have disbursed over 50% of this year's capital plan, 6 investors have disbursed over 40% of the capital plan and 6 investors have disbursed over 30% of the capital plan. However, in the province, there are currently 13 investors disbursing less than 30% of the capital plan, 6 investors have not yet disbursed the plan. Therefore, with the capital plan disbursement results up to mid-September 2023 reaching 45.26% (an increase of 10.51% compared to August 2023 at 34.75%), but in general, the disbursement value is still low compared to the assigned plan. Some reasons are said to have affected the disbursement progress in the past time: Due to the increase in prices of raw materials, labor, construction unit prices or having to supplement fire prevention and fighting designs according to new regulations on fire prevention and fighting. In addition, the work of preparing investment projects for construction projects takes a long time due to changes in policies, regulations, or planning and land use plans that are slow to be approved. In addition, there are also causes stemming from the limited project management capacity of some investors, who have not been determined to urge contractors to speed up construction progress and disburse capital plans...

To speed up the disbursement of public investment capital in the last months of 2023, the Department of Planning and Investment requests investors to review the contents directed by the Chairman of the Provincial People's Committee related to this issue. In addition, specialized appraisal departments need to strengthen the appraisal, approval of project designs - estimates, examination, licensing... to contribute to speeding up the progress of the time of implementing construction investment projects. Thereby creating favorable conditions for investors in appraisal, granting environmental licenses as well as coordinating to handle difficulties and problems arising during the implementation process.

Recently, the leaders of the Provincial People's Committee continued to request departments, branches, localities, and project investors to speed up the disbursement of public investment capital in the last months of 2023. In addition to promoting the allocation and disbursement of public investment capital, this is also identified as one of the key political tasks, focusing on priorities in the direction and administration associated with the responsibilities of the heads of departments, branches, sectors, and localities...

Source