Bright spot in public investment disbursement

Việt NamViệt Nam05/07/2024

With close supervision and management, focusing on solving difficulties, by the end of the first 6 months of 2024, the Provincial Civil and Industrial Construction Investment Project Management Board (Civil Board) was one of the leading units in disbursement. With a rate of over 50%, the Board has become a bright spot in the province's disbursement work.

The Ben Rung bridge approach road, invested by the Board, has basically completed construction and is expected to be put into use in July 2024.

The 2024 public investment capital plan of the Civil Affairs Committee after adjustment is 1,178 billion VND to implement nearly 20 projects, both new and transitional. Among them, there are many key projects such as the Riverside Road from Dam Nha Mac intersection to Provincial Road 338; the road connecting Ha Long - Hai Phong Expressway (km6 + 700) to Provincial Road 338; the complete construction of Dam Nha Mac intersection and investment in the Ben Rung bridge approach project; the Provincial Media Center Headquarters... These are all key, driving projects of the province, with the meaning of inter-regional connectivity, promoting regional socio-economic development, and attracting investment to the area.

However, these are also projects constructed under extremely difficult conditions with large areas, complex site clearance work, involving many households and forest land that needs to be converted. The geology of the area is mainly swampy, so all 4 projects are located on weak ground, while the source of raw materials in the area is scarce, especially soil and sand. This has caused the construction projects to drag on for many years, and the compensation for the transitional volume due to the advance payment by contractors has been prolonged, greatly affecting the disbursement plan of the Board.

In that context, identifying public investment capital as a resource and driving force for economic growth, closely following the directions of the Provincial Party Committee and the Provincial People's Committee on accelerating the disbursement of public investment... from the beginning of the year, the Civil Affairs Committee has agreed to reorganize the disbursement steering group headed directly by the Director of the Committee. Along with that, implementing capital allocation from the beginning of the year; reviewing, synthesizing difficulties and obstacles and transferring capital plans between slow-disbursement projects to projects with high disbursement potential and in need of additional capital; proposing and recommending solutions to report to the Provincial People's Committee for timely direction to promote implementation and disbursement progress, improving capital use efficiency.

Dam Nha Mac intersection restarted construction after difficulties were resolved.

Mr. Nguyen Huu Duyen, Director of the Project Management Board for Investment and Construction of Civil and Industrial Works, said: Identifying the disbursement of public investment capital as a key and important political task. Therefore, the leaders of the Board have regularly followed the practical situation to urge and direct the removal of difficulties and obstacles arising in each project. Along with that, strengthen inspection, supervision, post-inspection, strictly handle violations; strictly control the advance payment and settlement of capital; completely recover overdue advances, focus on completing payment documents according to regulations. At the same time, require investors and contractors to take advantage of favorable weather, improve construction capacity in terms of both equipment and human resources, ensure progress, volume and quality of works, speed up the implementation of projects...

By the end of the first 6 months of 2024, all 4 projects invested by the Board had disbursement volumes that met the plan, disbursing 616/1,178 billion VND, reaching 52.33% of the public investment capital plan assigned after adjustment (reaching 60.2% compared to the plan arranged at the beginning of the year). This rate is higher than the average of the whole country and the province, ensuring the target of disbursement reaching 50% by the end of the first 6 months of 2024.

To continue to complete the target of disbursing public investment capital for the whole year, the Board continues to promote the role of the members of the working group to promote disbursement; requires the members of the working group to regularly follow the construction sites of the assigned projects, promptly grasp the difficulties and obstacles in the organization and implementation, and regularly coordinate closely with related units and localities to have timely solutions. At the same time, implement the rotation regime, arrange cadres with capacity, qualifications, experience, and legal knowledge to take on the role of monitoring, taking charge of, and supervising the project; proactively regulate capital between projects; focus on completing payment documents according to regulations; strictly control, not allowing the occurrence of outstanding debts in basic construction...


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